Mr. Jay Hutton reports
VSBLTY ENTERS INTO SHARES FOR SERVICES AGREEMENT
Vsblty Groupe Technologies Corp. has entered into a consulting agreement with Burtech Systems Tech LLC (BST), an arm's-length consultant. Pursuant
to the terms of the consulting agreement, BST agreed to, among other things, support the company in
business development efforts, including strategic and technical consulting in the defence, smart city, and
sovereign security sectors, originating partner and customer discussions, and representing the company in
key markets, with a focus on the markets in Gulf region and the Arabian Peninsula.
As consideration for services provided by BST, Vsblty has agreed to:
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Subject to applicable regulatory and stock exchange approvals and compliance with all applicable
laws, pay $250,000 (U.S.) to BST, which will be satisfied by Vsblty issuing 2,850,833 common
shares to BST at a deemed price of 12 cents per share (the first payment).
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Pay an additional $250,000 (U.S.) to BST if BST-sourced opportunities generate over $1.5-million (U.S.) in
revenue for Vsblty during the term of the consulting agreement.
All common shares of the company to be issued to BST in connection with the first payment will be
subject to a statutory hold period of four months and one day from the date of issuance, in accordance with
applicable securities laws. The closing of the proposed share issuance to BST remains subject to various
conditions, including the receipt of all necessary corporate and regulatory approvals, including approval
from the Canadian Securities Exchange (the CSE).
Jay Hutton, chief executive officer, commented: "We've been working with Burtech for a number of months now and are
astounded with the level and nature of access they have to key decisions makers in the identified markets.
There is no question that this relationship, especially when couple with our existing investor base in the
Gulf region, will generate immediate material revenue and strategic advancement."
The consulting agreement will remain in effect until terminated by either party with 90 days of written notice.
About Vsblty Groupe Technologies Corp.
Headquartered in Philadelphia, Vsblty is the world leader in pro-active digital display, which transforms retail and public spaces as
well as place-based media networks with software-as-a-service-based audience measurement and security software that
uses artificial intelligence and machine learning. Its proprietary technology effectively integrates with other
digital retail solutions, including QR codes and mobile applications. The firm is also recognized for its
leadership role in the growing store as a medium movement that enables brands to reach customers when
and where buying decisions are being made while producing a new revenue stream for retailers.
We seek Safe Harbor.
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