Mr. Robert Thast reports

IZOTROPIC ANNOUNCES DEBT SETTLEMENT

Izotropic Corp. has entered into a debt settlement agreement with a lender to settle outstanding interest payable pursuant to a promissory note originally issued by the company.

The company previously entered into a promissory note dated April 1, 2022, with the lender in the principal amount of $2-million. As of the date hereof, the company owed the lender $60,000 in accrued interest, representing three months of interest for the period from July to September, 2025.

Pursuant to the agreement, the company will settle the interest through the issuance of 240,000 units at a deemed price of 25 cents per unit in full settlement of the interest. Each unit will consist of one common share in the capital of the company and one share purchase warrant, with each warrant entitling the holder to acquire one additional share at a price of 35 cents per warrant share for a period of five years from the date of issuance.

All securities to be issued in connection with the interest settlement will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

Completion of the interest settlement remains subject to the approval of the Canadian Securities Exchange.

We seek Safe Harbor.