Mr. Sean Peasgood reports

IONIK ENGAGES SOPHIC CAPITAL FOR CAPITAL MARKETS ADVISORY SERVICES

Popreach Corp. (doing business as Ionik) has engaged Sophic Capital Inc. to provide capital markets advisory services under an agreement dated Nov. 7, 2023. The Agreement and the obligations of the Company under the Agreement are subject to the approval of the TSX Venture Exchange (the "TSXV").

"We've been following Ionik closely as it executes its acquisition and optimization strategies to build its suite of advertising and marketing technology for brands," said Sean Peasgood, President and CEO of Sophic. "And as digital ad spend continues to grow amongst brands in a highly fragmented marketing environment, I believe Ionik has significant opportunities to consolidate the space and increase its strength in the industry. On behalf of Sophic's partners and employees, I'd like to thank Ionik for selecting us to develop its capital markets strategy and expand communication of this innovative, fast-growing company."

Services to be provided by Sophic pursuant to the Agreement will include assisting the Company in the preparation of an investor communications plan, investor materials, news releases, roadshows and conference calls. Sophic will also introduce the Company to its network of professional analysts, as well as institutional and retail investors.

Sophic's engagement will extend for a period of six months commencing on November 7, 2023 (the "Effective Date") and renew automatically for successive six-month terms unless earlier terminated by the parties. The Agreement allows for mutual termination for convenience on thirty days' notice, except during the initial six-month period.

Ionik will pay Sophic a fee of C$12,000 per month. In addition, Sophic will receive an aggregate of 1,000,000 stock options (the "Options") under the Company's First Amended and Restated Omnibus Equity Incentive Plan (the "Ionik Plan"). Each Option shall be exercisable to purchase one common share in the capital of the Company (each, a "Share") at an exercise price per Share that is equal to C$0.30. The Options will vest as to one-fourth of the total Options every three months over the course of the twelve month period following issuance thereof. The vested Options shall be exercisable until the earlier to occur of (1) the date that is 12 months following the date Sophic ceases to be an eligible participant under the Ionik Plan; and (ii) 5 years following the issuance date of the Options. Issuance of the Options is subject to review and approval by the TSXV.

The Company further announces its termination, effective November 25, 2023, of the investor relations engagement announced by the Company on August 12, 2020.

About Ionik

Ionik, a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on OTCQX(TM) Best Market, is a multi-platform technology company focused on assembling the most effective and complete suite of advertising, marketing and monetization solutions for brands, advertisers and publishers. We acquire, optimize and scale market-leading digital technology businesses providing cross-platform, performance-driven advertising and data solutions to attract, engage and monetize high-value consumers. Our portfolio includes: PopReach Games, a free-to-play mobile game publisher; NotifyAI, a push notification advertising platform; Q1Media, an industry-leading advertising and media service provider; Ubiquity, a data driven user acquisition and marketing technology platform; SCS, an integrated agency powering brand performance with data and creativity; Contobox, a leading edge customer engagement platform integrated with SCS; and OpenMoves, a Google Premier Partner driving creative and growth across pay-per-click advertising and search engine optimization. Ionik is a registered business name of PopReach Corporation and is the name under which the Company currently operates its business.

We seek Safe Harbor.