Mr. Mario Beaulieu reports

CONVERSION OF DEBENTURE INTERESTS INTO EQUITY

In accordance with the terms and conditions of the convertible debenture units issued on April 14, 2021, Geekco Technologies Corp. has agreed, subject to the approval of the TSX Venture Exchange, to issue 384,614 Class A shares as settlement of payments of interest at a rate of 10 per cent per year on an aggregate principal amount of $250,000 of the second tranche debentures units 2021 announced on April 14, 2021, and equal to $25,000 accrued between April 14, 2023, to April 13, 2024. The common shares will be issued at the deemed price of 6.5 cents per common share, which is equal to last closing price since it was higher than the volume-weighted trading price of the common shares on the TSX Venture Exchange for the last 20 days prior to the applicable payment date. They will also be subject to a statutory four-month hold period beginning as of the date of issuance of the common shares.

About Geekco Technologies Corp.

Geekco is positioned at the forefront of technological solutions that are evolving the new way of doing marketing while stimulating and energizing the economy of each city and each neighborhood by making consumers and shops interact like never before.