Mr. Mike Marrandino reports

INVERITE ANNOUNCES 1ST TRANCHE CLOSING OF PRIVATE PLACEMENT

Inverite Insights Inc. has closed the first tranche of its private placement (see news release of Jan. 30, 2024), in the amount of 1.96 million units for aggregate proceeds of $98,000. The use of these proceeds will be for general working capital. Each unit comprised a common share and one whole warrant, a whole warrant exercisable to purchase a common share at a price of 10 cents for a period of two years. In connection with the closing, an aggregate of 137,200 shares were issued as finder fees. All securities issued are subject to a hold period until June 7, 2024.

An insider of the Company purchased 1,960,000 Units, representing the total number of Units issued pursuant to the closing, with the associated common shares representing approximately 1.0% of the then- issued common shares following closing and, if the associated warrants are exercised, an aggregate number of common shares representing approximately 2.1% of the then-issued common shares following closing. The participation by the insider constitutes a "related party transaction" within the meaning of the policies of the CSE and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction insofar as it involves interested parties (within the meaning of MI 61-101) in the Placement exceeds 25% of the Company's market capitalization calculated in accordance with MI 61-101, and on the basis that no securities of the Company are listed or quoted on a stock exchange as specified in MI 61-101.

About Inverite Insights Inc.

Inverite Insights Inc. ("Inverite") (CSE: INVR) (OTC: MRBLF) (FSE: 2V0) is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over seven billion financial data points from more than four million unique Canadian consumers transactions, Inverite empowers businesses to transact more effectively with consumers through innovative software-as-a- service (SaaS) and risk-model-as-a-service (RMaaS) solutions.

We seek Safe Harbor.