Mr. Ted Clark reports

WI2WI CORPORATION ANNOUNCES CLOSING OF OVERSUBSCRIBED SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Wi2Wi Corp. has closed an oversubscribed second tranche of its non-brokered private placement, previously announced on Feb. 6, 2025, by issuing a total of 11,799,700 units of the company at a price of five cents per unit for gross proceeds of $589,985 pursuant to the closing of the second tranche. Over the first tranche and second tranche, the company issued an aggregate of 19,099,700 units for total gross proceeds of $954,985.

Each unit comprised one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one share at an exercise price of 10 cents per share for a period of two years, subject to an acceleration clause.

As such, pursuant to the second tranche, the company issued a total of 11,799,700 shares and 5,899,850 warrants; the company issued an aggregate total of 19,099,700 shares and 9,549,850 warrants pursuant to the offering.

The warrants are subject to an acceleration clause, whereby if, at any time prior to the expiry date of the warrants, the closing price of the common shares on the TSX Venture Exchange is equal to or greater than 10 cents for any 10 consecutive trading days, then the company may, at its option, accelerate the expiry date of the warrants by issuing a press release announcing that the expiry date of the warrants shall be deemed to be on the 30th day following the issuance of the warrant acceleration press release. All warrants that remain unexercised following the accelerated expiry date shall immediately expire and all rights of holders of such warrants shall be terminated without any compensation to such holder.

The company paid cash commissions, representing finders' fees, in the amount of $27,000 to certain arm's-length finders related to the closing of the second tranche, equal to 6 per cent of gross proceeds raised from subscribers introduced to the company by the finders, all in accordance with the policies of the exchange.

The units were offered by way of a private placement pursuant to exemptions from prospectus requirements under applicable Canadian securities laws. All securities issued in connection with the closing of the offering, are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with the policies of the exchange and applicable Canadian securities laws.

The company intends to use the net proceeds from the offering for inventory and general working capital purposes, including for the fullfilment of an increased customer order as outlined in the press release of the company dated Feb. 6, 2025, available at SEDAR+. For further details regarding the closing of the first tranche of the offering, refer to the press release of the company dated Feb. 13, 2025, also available on the company's SEDAR+ profile.

About Wi2Wi Corp.

Wi2Wi is a specialized electronic component supplier with expertise in frequency control devices as well as in wireless technologies. Founded in 2005, Wi2Wi's headquarters, design centre and manufacturing facility are located in Middleton, Wis. Wi2Wi aims to deliver specific solutions using its in-house design and manufacturing expertise, as well as leveraging global partnerships with silicon and wireless technology suppliers.

We seek Safe Harbor.