Mr. Jake Kalpakian reports

JACKPOT DIGITAL ANNOUNCES CONVERTIBLE DEBENTURE FINANCING

Jackpot Digital Inc. intends to conduct a convertible debenture financing to raise up to $2-million in gross proceeds. The debentures will pay interest at the rate of 10 per cent per annum and will mature 36 months from the date of issuance. The debentures shall be convertible at the conversion price of five cents per common share in the first year and at the conversion price of 10 cents per common share in the subsequent two years. In addition, the company shall issue up to 40 million detachable share purchase warrants, whereby each warrant shall entitle the debenture holder to purchase one Jackpot common share at the price of five cents per common share for a period of three years from the closing date.

The company will have the right to accelerate the expiry date of the warrants to a date that is not less than 30 days following delivery of notice of acceleration to holders of warrants if, at any time, the volume-weighted average trading price of the common shares equals or exceeds 10 cents for a period of 10 consecutive trading days on the TSX Venture Exchange. The warrants may be listed on the TSX-V in the future, subject to meeting applicable listing requirements.

The proceeds from the financing will be utilized to cover regulatory licensing fees and related expenses in multiple jurisdictions, industry product certifications, and for general working capital.

It is anticipated that there will be insider participation in the debenture financing.

The securities that may be issued in connection with the debenture financing shall include a hold period by applicable securities laws in Canada and the United States. There may be finders' fees payable with respect to the financing under the policies of the TSX-V.

The above transaction is subject to the approval of the TSX-V.

The company has cancelled its convertible debenture financing which was announced on July 7, 2026, and Aug. 24, 2026.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital is the leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.

We seek Safe Harbor.