Mr. Liran Brenner reports

SUPERBUZZ ANNOUNCES PRIVATE PLACEMENT

Superbuzz Inc. has arranged a non-brokered private placement for gross proceeds of up to $500,000 through the issuance of up to 16,666,667 units at a price of three cents per unit.

Each unit shall consist of one common share in the capital of the company and one warrant. Each warrant shall entitle the holder to acquire one common share for a period of 24 months from the closing date of the offering at an exercise price of five cents per common share.

The net proceeds of the offering will be used for general working capital purposes.

Closing of the offering is subject to the company obtaining all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada.

Policy 4.1 - Private Placements of the TSX Venture Exchange Corporate Finance Manual requires shareholder approval where a transaction creates a shareholder that holds or controls 20 per cent or more of an issuer's shares (a control person). The company anticipates that, upon completion of the private placement, a new control person will be created pursuant to Policy 4.1. To fulfill the requirements of Policy 4.1, the company intends to seek written approval of shareholders holding or controlling more than 50 per cent of its common shares to approve the creation of a new control person.

The company announced a proposed rights offering on Aug. 16, 2023. This rights offering will no longer be proceeding.

About Superbuzz Inc.

Superbuzz is revolutionizing how people interact with technology. Its AI (artificial intelligence) platform leverages GPT-3 to automate many processes, including push notifications and content creation. The platform simplifies the user experience, allowing for advanced digital interaction that cuts back on manual tasks. Moreover, Superbuzz's AI platform intelligently responds to small and medium-sized businesses' unique needs, making it an incredibly reliable and powerful tool for various applications.

We seek Safe Harbor.