File: Attachment Pepcap SFD Agmt (FVF) July 8, 2025 clean.pdf

PEPCAP ENTERS INTO SHARES FOR DEBT SETTLEMENT

Vancouver, BC, July 14, 2025 Pepcap Resources, Inc. (TSXV:WAV.H) (the "Company") announces a series of private debt assignments and a related shares for debt transaction involving the settlement of debt owed by the Company.

Three creditors of the Company, each Tim Man-Tin Ng, Sophie Tran, and Tek Sian Kwan, entered into separate assignment agreements with Clark Swanson under which they transferred their respective claims against the Company to Mr. Swanson. The assigned debts arose from services rendered and monetary advances previously made to the Company and collectively totaled $389,960.

Following the completion of the above assignments, Mr. Swanson entered into a further assignment agreement under which he assigned the full aggregate amount of $389,960 to Franziska Von Fischer. Under this final assignment, Ms. Von Fischer acquired all of Mr. Swanson's rights, title, and interest in the assigned debt, including any rights of action, free of any liens or encumbrances.

In final settlement of the full $389,960 debt owed to Ms. Von Fischer, Pepcap entered into a shares for debt agreement dated July 8, 2025. Pursuant to the agreement, the Company shall issue 38,996,000 common shares at a deemed price of $0.01 per share, in full and final satisfaction of the amount owing. The transaction which constitutes a change of control under the policies of the TSX Venture Exchange remains subject to TSXV acceptance, and, to the extent required, disinterested shareholder approval of the transaction in the event the issuance results in the creation of a new Control Person.

As an update to the Company's news release of May 22, 22025 announcing preliminary negotiations with Blockmetrix LLC, the Company is continuing its due diligence review and no agreement has been entered into yet.

PEPCAP RESOURCES, INC.

Per:__ "Richard C. King Jr" Richard C. King Jr., CEO

For further information, please contact: For further information: Richard C. King Jr. Phone: +1 (502) 345-0966 Email: richardckingjr@icloud.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.