Mr. Lynn Chapman reports

THREED CAPITAL INC. ANNOUNCES UNAUDITED APRIL 30, 2023 NET ASSET VALUE PER SHARE - $0.72

At April 30, 2023, ThreeD Capital Inc.'s unaudited net asset value per share was 72 cents.

This announcement is made based on ThreeD's established practice of releasing net asset value on a monthly basis as part of the company's continuing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information.

About ThreeD Capital Inc.

ThreeD is a publicly traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technology sectors. ThreeD's investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early-stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the company's ecosystem.

We seek Safe Harbor.