Mr. Robert Thast reports

IZOTROPIC CLOSES NON-BROKERED PRIVATE PLACEMENT

Further to the news release on Sept. 13, 2023, Izotropic Corp. has completed a non-brokered private placement financing of 2,841,325 units of the company at a price of 25 cents per unit for gross proceeds of $710,331.25. Each unit consists of one common share and one transferable warrant, and each warrant entitles the holder to purchase one additional share at a price of 50 cents per share for a period of two years from closing of the offering.

The use of proceeds from the offering will be used for general working capital, including paying interest and eliminating $50,000 in debt from promissory notes, and payments for the company's annual year-end audit, accounting and compliance-related items.

No fees or commissions were paid in connection with the private placement. Costs associated with managing the financing and its closing were mitigated by completing this work in-house.

All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.

We seek Safe Harbor.