Mr. Bradley Moore reports

FUNDAMENTAL APPLICATIONS CORP. ANNOUNCES PRIVATE PLACEMENT

Fundamental Applications Corp. intends to raise $175,000 through a non-brokered private placement.

Through this offering, the company intends to issue 3.5 million shares at a price of five cents per share for gross proceeds of $175,000. Proceeds from the private placement will be used for general working capital and corporate development purposes.

"Fundamental is investigating significant opportunities between our growing Foro app user base and an explosive deregulation in the marijuana market," stated chief executive officer Brad Moore. "There is a clear synergy between providing our users access to safe and legal cannabis products and services through Foro-based technologies."

All securities issued in connection with the private placement will be subject to a hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

About Fundamental Applications Corp.

Fundamental designs, develops, markets and acquires innovative mobile applications targeted at the millennials generation, people born in an age of digital technology, Internet access and smart phones. This demographic is an early adopter of mobile technology, has significant discretionary income and is lifestyle driven with a willingness to try new things. Fundamental's three leading mobile platforms are: Foro, a peer-to-peer mobile ecommerce marketplace; Truth, a one-to-one anonymous messaging app previously listed in the top-100 social networking apps in the Apple App Store; and Opinit, an app that enables users to socially share their favourite on-line sentiment-driven content.

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