Mr. Brian Keane reports

CYPHER METAVERSE INC. ANNOUNCES DEBT SETTLEMENTS

Cypher Metaverse Inc. has entered into settlement agreements that will see $149,215 of debt settled by the issuance of 1,755,470 shares at a deemed price of 8.5 cents, and the company's balance sheet much improved.

No finders' fees will be paid. The securities issued will be subject to a four-month-and-one-day hold period from closing.

Certain insiders participated in respect to accrued and unpaid fees and expenses. The company is relying on exemptions contained in National Instrument 61-101 from minority approval and valuation requirements for related party transactions.

About Cypher Metaverse Inc.

Cypher Metaverse seeks early-stage investments in emerging technology sectors, including the blockchain ecosystem, financial technology and the metaverse. The company identifies such opportunities and applies its relationships and capital to advance its interests.

We seek Safe Harbor.