Mr. Blake Fallis reports

AI/ML INNOVATIONS INC. ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT TO RAISE $950,000

AI-ML Innovations Inc. has closed the first tranche of its previously announced non-brokered private placement pursuant to which the company has issued convertible debentures in the aggregate principal amount of $950,000. The debentures may be converted into units of the company at the option of the holder of the debentures at any time at a conversion price of five cents per unit, with each unit comprising one common share of the company and one common share purchase warrant. Subject to the anti-dilution provisions contained in the certificates governing the terms of the warrants, each whole warrant shall be exercisable to acquire one common share at a price of 15 cents for a period of 36 months from the date of issuance of the warrants. The debentures bear interest at a rate of 10 per cent per annum that accrues and is payable on the earlier of maturity or conversion, with accrued/unpaid interest also being convertible into units under the same terms. The debentures mature on March 27, 2029. All securities issued and issuable pursuant to the first tranche of the offering are subject to a statutory hold period expiring on July 28, 2026. Use of proceeds of the offering will be for general working capital purposes.

The offering remains subject to the final approval of the Canadian Securities Exchange.

Insiders of the company have purchased, directly or indirectly, debentures in the aggregate principal amount of $550,000 pursuant to the offering, as a result of which the offering is a related party transaction under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to the exemptions contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101 on the basis that the company is listed on the Canadian Securities Exchange and neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the offering, insofar as it involves the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).

About AI-ML Innovations Inc.

AIML Innovations is a global technology company pioneering the use of artificial intelligence and neural networks to transform digital health. The company's proprietary platforms leverage advanced signal processing and deep learning to convert complex biometric data into actionable clinical insights -- supporting earlier diagnosis, personalized treatment and more effective care. AI-ML's shares trade on the Canadian Securities Exchange (CSE: AIML), the OTCQB Venture Market (AIMLF) and the Frankfurt Stock Exchange (42FB).

We seek Safe Harbor.