Mr. Khurram Shroff reports

IMINING TECHNOLOGIES' SUBSIDIARY, AIMINING, APPOINTS BAHUBALI SHETE TO THE ADVISORY BOARD TO ASSIST IN DEVELOPING ITS PRODUCT COMMERCIALIZATION STRATEGY

iMining Technologies Inc. has appointed Bahubali Shete to the advisory board of its artificial intelligence subsidiary, AiMining Technologies. Mr. Shete, widely acclaimed for his visionary contributions in AI (artificial intelligence), LLMs (large language models), IoT (Internet of Things) and generative AI, brings a wealth of experience and leadership to AiMining Technologies, where he will assume a pivotal role in refining the company's commercialization strategy.

Mr. Shete's professional trajectory is characterized by an unwavering commitment to innovation and business expansion, underscored by his profound grasp of emerging technologies. As the founder and chief technology officer of TinyChef, a pioneering start-up reshaping the culinary industry, Mr. Shete has been instrumental in translating conceptual ideas into scalable, revenue-generating products. His significant achievements encompass guiding TinyChef's growth trajectory through strategic technological implementations, earning recognition as an IoT thought leader and voice influencer, establishing strategic partnerships with industry giants such as Amazon Alexa, and securing a coveted position in Google for start-ups' esteemed voice AI accelerator program.

Mr. Shete's prior experience includes founding an IoT venture in 2013, focused on IoT platform development, which was later acquired by Home Monitoring Solutions of Motorola's brand licensee Hubble Connected Ltd. Notable achievements from this venture include pioneering BLE-based key tag technology, spearheading India's first hardware crowdfunding campaign backed by Apple's co-founder Steve Wozniak and growing the team from three engineers to 60 before acquisition.

With expertise spanning IoT, embedded hardware, AI stack development, back-end technologies and software project management, Mr. Shete brings a proven record of building and leading cross-functional teams to drive technical innovation. His academic credentials include a bachelor's degree in electronics and communication engineering from Karnataka University in India.

Reflecting on his appointment, Mr. Shete articulated his vision for AiMining Technologies, expressing enthusiasm to leverage his expertise in advancing AI solutions and fostering responsible AI development. He added: "I am thrilled to join AiMining Technologies and contribute to the advancement of AI solutions. I aim to leverage my expertise to drive innovation and foster responsible AI development. I am also looking forward to joining AiMining to develop AI for good."

Khurram Shroff, chief executive officer of iMining Technologies, echoed confidence in Mr. Shete's appointment, highlighting his invaluable experience and expertise in AI as a significant asset to the scientific research board. Mr. Shroff stated: "Bahubali Shete's wealth of experience and expertise in AI will be invaluable to our scientific research board. We look forward to his strategic insights propelling AiMining Technologies to new heights of innovation."

Mr. Shete's addition underscores AiMining Technologies' dedication to excellence and leadership in the AI sector. His profound understanding of emerging technologies is anticipated to play a pivotal role in advancing the company's mission of spearheading responsible AI development.

About iMining Technologies Inc.

iMining is a publicly listed technology company, which, together with its subsidiaries, acquires, builds and manages future technology companies in Canada. The company's industry-specific technology businesses provide specialized and innovative solutions in future technologies and serve private sector markets. iMining is headquartered in Vancouver, Canada.