Dr. Eyad Al-Saleh reports

INTERCONNECT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Interconnect Ventures Corp. is undertaking a non-brokered private placement financing of up to $97,119 through the issuance of up to 9,711,901 units of the company at a price of one cent per unit. Each unit comprises one common share in the capital of the company and one transferable common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of five cents per warrant share for a period of one year following the closing of the private placement.

Proceeds of the private placement will be used for identifying and evaluating a proposed qualifying transaction (as defined in Policy 2.4 of the TSX Venture Exchange) and for general working capital purposes. No proceeds of the private placement are proposed to be paid to any non-arm's-length parties or for investor relations activities. Finders' fees may be payable in connection with the private placement.

All securities issued pursuant to the private placement will be subject to a statutory hold period expiring four months and one day after closing. Completion of the private placement is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the exchange.

Director resignation

The company also announces that Ibrahim Al-Subaiei has resigned from the board of directors, effective March 3, 2025. The company would like to thank Al-Subaiei for his contributions to the company and wishes him well in his future endeavours.

We seek Safe Harbor.