Received by email:

File: SSC - Press Release announcingprivate placement of shares (November 201....docx



NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Smartcool Announces Private Placement Offering

Vancouver, B.C. November 8, 2018, Ted Konyi, CEO, Smartcool Systems Inc. (TSX:SSC.V OTC:SSCFF FSE: R3W) (the "Company"
--->) is pleased to announce that the Company is proposing to conduct a non-brokered private placement offering (the "Offe
--->ring") of up to 20,000,000 shares (each, a "Share") at a price of $0.05 per Share, for maximum gross proceeds of $1,00
--->0,000. 
Finder's fees or brokers' commissions may be paid in accordance with the TSX-V policies.
The Company plans to use the proceeds for marketing initiatives, research and development and general working capital.
The Offering is subject to approval from the TSX Venture Exchange.  All Shares issued will be subject to resale restri
--->ctions imposed by applicable law or regulation, including a four month hold period that will begin on the Closing Date
--->.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Shares in the
---> United States. These securities have not been and will not be registered under the United States Securities Act of 19
--->33, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the Unit
--->ed States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or a
--->n exemption from such registration is available.

About Smartcool
Smartcool Systems Inc. provides cutting edge energy efficient and energy cost reduction solutions for businesses aroun
--->d the world. The ECO3, ESM and ECOHome are Smartcool's unique retrofit technologies that reduce the energy consumption
---> of compressors in air conditioning, refrigeration and heat pump systems by up to 40%.
Total Energy Concepts (TEC), a wholly owned subsidiary of Smartcool, is a national leader in Power Protection, Energy 
--->Management, Power Quality, Facility Grounding, and Lighting Solutions that help companies improve their bottom line by
---> reducing expenses that drastically cut into company profits. TEC focuses on a holistic approach to energy efficiency 
--->with proprietary technologies for power factor correction and third party technologies including LED, voltage conditio
--->ning and intelligent motor controls.
 
For more information please visit www:smartcool.net and www:totalenergyconcepts.com



Investor inquiries
Mike Kordysz
Vice President, Investor Relations
TEL +1 604 904 8632 EMAIL mike.kordysz@smartcool.net 

Legal Notice Regarding Forward Looking Statements

This news release contains "forward looking statements".  Forward-looking statements are projections of financial perf
--->ormance or future events.  Forward-looking statements can be identified by the use of words such as "expect", "anticip
--->ate", "intend", "plan", "believe", "estimate" and words of similar meaning.  Forward-looking statements are based on m
--->anagement's current expectations and assumptions and they are subject to risks that may cause actual results to differ
---> materially from those expressed or implied by such forward looking statements. These statements are subject to risks 
--->that may cause the actual results to be materially different in future periods from those expressed or implied by such
---> forward looking statements.  Risks that may prevent or delay the forward looking statements from coming to fruition a
--->s anticipated include the availability of working capital, risks inherent in product development, as well as market fa
--->ctors that may increase costs or time to market.  It is our policy not to update forward looking statements except to 
--->the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com
---> or at the Company's website, www.smartcool.net.
 
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accur
--->acy of this release.