Mr. Jake Kalpakian reports

37 CAPITAL ANNOUNCES ACCELERATION CLAUSE ON ITS PROPOSED PRIVATE PLACEMENT FINANCING

Further to 37 Capital Inc.'s news release dated June 1, 2023, the company's proposed non-brokered private placement of up to $100,000 by issuing up to four million units of the securities of the company at the price of 2.5 cents per unit will contain acceleration clause as follows: "In the event that the company's shares trade on the CSE at 20 cents per share or above for a period of 10 consecutive trading days, a forced exercise provision will come into effect for the warrants issued in connection with this financing."

Each unit will consist of one common share in the capital of the company and one share purchase warrant to purchase an additional common share in the capital of the company at the price of five cents per common share for a period of five years from closing. Finders' fees may be payable in respect to this transaction and certain insiders may participate in this financing. The proceeds of this proposed financing shall be utilized towards the payment of the company's liabilities and for general working capital purposes.

We seek Safe Harbor.