An anonymous director reports

KUUHUBB INC. ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT OFFERING OF UP TO $1 MILLION AND NEGOTIATIONS FOR DEBT SETTLEMENT AGREEMENTS OF UP TO $8 MILLION

Kuuhubb Inc. is proposing a non-brokered private placement of up to $1-million. The proposed placement, to accredited investors, is for up to 20 million common shares at five cents per share. Closing of the placement, which is subject to a minimum subscription provision of $300,000, may take place in tranches once the minimum subscription level has been reached and will be subject to receipt of subscriptions and a number of other conditions, including without limitation the receipt of all relevant regulatory and TSX Venture Exchange approvals or acceptances.

Qualified agents may receive commissions in respect of subscriptions introduced by them by way of cash equal to 6 per cent of finances so introduced. The finances raised in the placement will be used for regularization of current financial commitments, development of game programs and general corporate expenses. It is anticipated that one or more of the company's insiders may subscribe for part of the proposed placement. Any securities issued pursuant to the proposed placement will be subject to a regulatory and TSX-V restrictive hold of four months and one day after the respective closing date.

Kuuhubb is also currently negotiating with some of its creditors to enter into debt settlement agreements, with a view to clearing up to $2-million of current vendor payables and up to $6-million of current debt from its balance sheet. Such proposed debt settlement agreements are planned to be effected by issuance of common shares priced at five cents. Any proposed debt settlement agreement will be subject to acceptance from the TSX-V and all other relevant consents and approvals. In particular, if any debt settlement agreement would result in any shareholder becoming a control person as defined by the policies of the TSX-V, then closing of any such debt settlement agreement will be subject, in addition, to disinterested shareholder approval. Any securities issued pursuant to any debt settlement agreement will be subject to a regulatory and TSX-V restrictive hold of four months and one day after the date of closing.

About Kuuhubb Inc.

Kuuhubb is a publicly listed a mobile casual games and lifestyle app development studio. Recolor, KuuHubb's industry-leading colouring app, has a lifetime 50-plus million downloads, 400-plus million pictures colored by fans and 150,000-plus five-star reviews in the Apple and Google Play stores.

We seek Safe Harbor.