Mr. Zachariah Mathews reports

WI2WI CORP. ANNOUNCES SHARES FOR DEBT TRANSACTION WITH LASALLE CAPITAL GROUP II-A L.P.

Wi2Wi Corp. has agreed to a shares for debt transaction with LaSalle Capital Group II-A LP to pay an aggregate amount of $3,192,469 (U.S.) (the debt), consisting of: a) the principal amount of the secured subordinated convertible debenture of $2.5-million (U.S.); b) the unpaid but accrued interest related to the debenture in the amount of $168,698 (U.S.); and c) interim financing provided by LaSalle to Wi2Wi in the amount of $523,771 (U.S.).

Based on the Bank of Canada noon exchange rate on June 18, 2015, the Canadian-dollar equivalent of the debt was $3,897,685.40 (exchange rate of $1.2209 per $1 (U.S.)). Therefore, approximately 30,570,082 common shares of Wi2Wi will be issued to LaSalle as consideration for the debt. The common shares will be issued at a deemed price of 12.75 cents per common share, representing the discounted market price as defined under TSX Venture Exchange policies, based on the closing price of the Wi2Wi common shares on the TSX-V on June 18, 2015.

The transaction is subject to approval of the TSX-V and Wi2Wi shareholders, as it is expected that LaSalle will be a control person as defined under TSX-V policies following completion of the transaction.

"We welcome LaSalle, a leading institutional investor from Chicago, Ill, United States, as a significant shareholder of the company," said Zachariah Mathews, president and chief executive officer of the company. "Payment of these debts affords the opportunity for the company to focus on growing its business. We appreciate the vote of confidence that LaSalle has placed in Wi2Wi."