Mr. Anthony Sarvucci reports

CLEANGO ANNOUNCES LISTED ISSUER FINANCING EXEMPTION (LIFE) PRIVATE PLACEMENT OF UNITS

Cleango Innovations Inc. has arranged a non-brokered private placement of a minimum of 750,000 and up to a maximum of 1,166,670 units of the company at a price of 60 cents per unit for gross proceeds to the company of a minimum of $450,000 up to a maximum of $700,002. The offering has been structured to take advantage of the listed issuer financing exemption whereby securities of the company issued pursuant to the offering will be freely tradeable equity securities not subject to any hold period (see below).

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company for a period of 36 months following the closing date (as defined below) of the offering at an exercise price of 90 cents per warrant share.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions, the offering is being made to purchasers resident in each of the provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The securities offered under the exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.

There are no agents, underwriters or finders engaged in connection with the offering.

The company plans to use the proceeds from the offering to finance the development and running of pilot industrial programs, to finance equipment and stock purchases to further develop the company's product offerings, and for general working capital purposes.

The offering is scheduled to close on or about Nov. 30, 2023, unless otherwise disclosed by the company, and completion of the offering is subject to certain conditions, including, but not limited to, receiving subscriptions for the minimum amount of $450,000, and the receipt of all necessary corporate and regulatory approvals, as applicable.

About Cleango Innovations Inc.

Cleango Innovations is an international, publicly traded company that specializes in the development of early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.

The company is proud of its suite of proprietary, Green Seal-certified non-toxic green products that are Health Canada approved to claim 99.9-per-cent disinfecting of viruses and bacteria on a hard surface. Cleango's portfolio is proud to be a part of Cruelty Free/Leaping Bunny as a certified product while being both family and pet safe. It is Cleango's mission to create the world's leading non-toxic, green solutions for the worlds cleaning problems.

Cleango Innovation's experienced team brings new ideas and innovation based on science to find solutions to the problems of current world. Customers rely on quality, non-toxic products to keep their homes clean and their loved ones safe.

We seek Safe Harbor.