Mr. Zachary Goldenberg reports

BUZZ CAPITAL 2 INC. ANNOUNCES APPROVAL OF STOCK OPTION PLAN AND OPTION GRANTS

Pursuant to Policy 2.4 -- Capital Pool Companies of the TSX Venture Exchange, the previously announced stock option plan was approved by Buzz Capital 2 Inc.'s shareholders at Buzz2's annual and special shareholders' meeting.

Grant of stock options

The corporation also announces that its board of directors has approved the grant of an aggregate of 1.03 million stock options to its directors. The options are to purchase up to an aggregate of 1.03 million common shares of the corporation at an exercise price of five cents per share until July 3, 2035, subject to any earlier termination in accordance with the plan. All options vested immediately on the date of grant.

The grant of options to the directors constitutes a related party transaction pursuant to Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions (MI 61-101). The company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the grant of options to related parties in reliance on the exemptions contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively.

About Buzz Capital 2 Inc.

Buzz2 was incorporated under the Canada Business Corporations Act on May 8, 2018, and is a CPC (as defined in the policies of the TSX Venture Exchange) listed on the TSX-V. Buzz2 has no commercial operations and no assets other than cash.