Mr. Ashish Malik reports

BEE VECTORING TECHNOLOGIES CLOSES DEBT SETTLEMENT

Bee Vectoring Technologies International Inc. has closed the previously announced debt settlement agreement to fully settle outstanding debts owed to one creditor for corporate back office services rendered. Pursuant to the settlement agreement, the company has issued an aggregate of 937,540 common shares at a deemed price of 3.9887023 cents per share, based on a 20-day volume-weighted average price.

The share settlement will settle $37,395.68 in debts owed to the creditor, which is a full settlement for the total amount of bona fide debts owed to the creditor.

The board of directors of the company has determined that it is in the best interests of the company to settle the outstanding debts by the issuance of the shares to preserve the company's cash for working capital.

The company relied on the employee, executive officer, director and consultant exemption contained in Section 2.24 of National Instrument 45-106 (Prospectus Exemptions), to issue the shares to the creditor. The Canadian Securities Exchange has waived the requirement to impose a four-month-and-one-day hold period on the shares.

About Bee Vectoring Technologies International Inc.

Bee Vectoring, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240-billion crop protection and fertilizer market. Bee Vectoring has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. Bee Vectoring's award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results over traditional chemical pesticides and improving the health of the soil, the microbiome and the environment. Currently, Bee Vectoring has over 55 granted patents and many more patents pending in all major agricultural countries worldwide, and has U.S. Environmental Protection Agency registration of its Vectorite with CR-7 (EPA registration No. 90641-2) for sale as a registered biological fungicide for use on the labelled crops.

We seek Safe Harbor.