Mr. Marc Geen reports

SPEAKEASY ANNOUNCES $5 MILLION FINANCING

Speakeasy Cannabis Club Ltd. has arranged a non-brokered private placement for up to five million units at a price of $1 per unit to raise total proceeds of $5-million. Each unit will comprise one common share of the issuer and one common share purchase warrant of the issuer. Each warrant will be exercisable into a common share of the company at an exercise price of $1.50 with a year expiry.

The company will also have an overallotment option to place up to an additional 50 per cent of the financing.

Finders' fees or commissions may be payable by the company in connection with this private placement.

The proceeds of this private placement are for the company's general working capital.

We seek Safe Harbor.