Mr. Gabriel Rene reports

VERSES PROVIDES UPDATE ON PRIVATE PLACEMENT

Verses AI Inc. has received subscriptions for aggregate gross proceeds of approximately $5.1 million in connection with its previously announced private placement. The offering is anticipated to close today, subject to approval of Cboe Canada.

About Verses AI Inc.

Verses is a cognitive computing company building next-generation intelligent software systems modelled after the wisdom and genius of nature. Designed around first principles found in science, physics and biology, its flagship product, Genius, is a toolkit for developers to generate intelligent software agents that enhance existing applications with the ability to reason, plan and learn. Imagine a smarter world that elevates human potential through technology inspired by nature.

We seek Safe Harbor.