Mr. Dean Bethune reports

DARELLE ANNOUNCES FINANCIAL RESULTS

Darelle Online Solutions Inc. has released its interim financial and operational results for the six-month period ended Feb. 28, 2025.

The full text of Darelle's second quarter financial results is contained in its unaudited condensed interim consolidated financial statements for the six-month period ended Feb. 28, 2025, and the related management's discussion and analysis, copies of which are available electronically on Darelle's profile on SEDAR+.

Quarterly financial results:

• The company generated revenue of $27,949 during the period compared with $37,832 during the same six-month period in 2024. Revenue is composed of a set-up fee and a flat administration fee per raffle ticket sold by organizations. The company realized set-up fees of $2,250, with the remaining revenue ($25,699) in processing fees. Processing fees are recognized once the raffle draw is complete and/or the organization has sold all available tickets.
• The company reported a comprehensive loss of $85,764 (four cents per share) during the six-month period ended Feb. 28, 2025, compared with a comprehensive loss of $93,244 (four cents per share) during the same six-month period in the 2024 fiscal year.

Operational update

The company continues to look at opportunities to expand the geographical scope of the Darelle on-line platform. Currently, the company only operates in the province of British Columbia. Opportunities for expansion include the provinces of Manitoba, Saskatchewan, Alberta, Nova Scotia and Ontario. The company is also reviewing opportunities for expansion into the United States. Expansion will be dependent upon the company securing a strategic partner and/or equity financing.

About Darelle Online Solutions Inc.

Darelle is a British Columbia corporation with its head office in Vancouver, B.C. The Darelle on-line platform is a marketplace which has developed a platform in which charitable and non-profit organizations can create, sell, deliver and manage their raffle ticket and 50/50 draws completely on-line. The company is listed on the TSX Venture Exchange as a Tier 2 technology issuer. The company has a total of 2,456,939 common shares issued and outstanding.

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