Mr. Kevin Alexander reports

BEACN ANNOUNCES $700,000 NON-BROKERED PRIVATE PLACEMENT

Beacn Wizardry & Magic Inc. intends to proceed with a non-brokered private placement of up to 6,086,957 common shares of the company at a price of 11.5 cents per share for gross proceeds to the company of up to $700,000.

"Beacn has weathered a challenging year with volatility in global trade and increased U.S. tariffs yet continued to invest in strengthening its product road map and marketing strategy. This funding opportunity allows the company to move towards stable and profitable growth," noted Kevin Alexander, chief executive officer of Beacn.

The offering will be exempt from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 as neither the fair market value of the securities issued to related parties nor the consideration for such securities will exceed 25 per cent of the company's market capitalization. A material change report will be filed in connection with the participation of the directors and officers in the offering potentially less than 21 days in advance of the closing of the offering, which the company deems reasonable in the circumstances so as to be able to avail itself of potential financing opportunities and to complete the offering in an expeditious manner.

The proceeds from the offering will be used: (i) to accelerate the company's B2B (business-to-business) and B2C (business-to-consumer) sales initiatives; (ii) to support strategic inventory purchases of current and new products; (iii) to continue research and development of new products and; (iv) for general working capital.

The closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. The company may close the offering in more than one tranche.

About Beacn Wizardry & Magic Inc.

Beacn, a Victoria, B.C.-based consumer electronics company, develops innovative audio equipment, peripherals and technology for gamers, live streamers and content creators. Beacn is committed to delivering premium products that enable everyone to produce studio-quality content. Beacn's award-winning product ecosystem includes Beacn Mic, Beacn Mic Stand, Beacn Mix and Beacn Mix Create. Beacn is listed on the TSX Venture Exchange under the symbol BECN.

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