Mr. Ted Clark reports

WI2WI CORPORATION ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Wi2Wi Corp. has closed a non-brokered private placement for total gross proceeds of $700,000 through the issuance of a total of 14 million units of the company at a price of five cents per unit.

Each unit consists of one common share of the company and one share purchase warrant. Each warrant entitled the holder to purchase one additional share at an exercise price of 10 cents per share for a period of two years from the closing date of the offering, subject to acceleration, as described below.

The warrants are subject to an acceleration clause, whereby if, at any time prior to the expiry date of the warrants, the closing price of the shares on the TSX Venture Exchange is equal to or greater than 10 cents for any 10 consecutive trading days, then the company may, at its option, accelerate the expiry date of the warrants by issuing a press release announcing that the expiry date of the warrants shall be deemed to be on the 30th day following the issuance of such warrant acceleration press release. All warrants that remain unexercised following the accelerated expiry date shall immediately expire and all rights of holders of such warrants shall be terminated without any compensation to such holder.

The company plans to use the net proceeds of the offering: (i) to prepay key suppliers of the company to secure critical production inventory to enable the company to fulfill its obligations related to outstanding and time-sensitive customer orders; and (ii) for general working capital purposes.

No finders' fees were paid in connection with the closing of the offering.

All securities issued in connection with the offering are subject to a statutory hold period until Nov. 26, 2025, in accordance with the policies of the exchange and applicable Canadian securities legislation.

Early warning disclosure

In connection with the offering, Chris Wardle (the subscriber) acquired 14 million units for the aggregate amount of $700,000 pursuant to a subscription agreement entered into between the subscriber and the company, therefore, representing 14 million shares and 14 million warrants.

Immediately prior to the offering, the subscriber had beneficial ownership of 9,215,000 shares and 1.25 million warrants, representing approximately 5.00 per cent of the issued and outstanding shares on a non-diluted basis. Immediately after the offering, the subscriber has beneficial ownership of an aggregate total of 23,215,000 common shares, representing approximately 11.71 per cent of the issued and outstanding shares on a non-diluted basis.

The subscriber acquired the units pursuant to the offering for investment purposes and intends to review his investment in the company on a continuing basis. Depending upon a number of factors including market and other conditions, the subscriber may from time to time increase or decrease his beneficial ownership, control, direction or economic exposure over securities of the company.

This news release is being issued under the early warning provisions of Canadian securities legislation. An early warning report will be electronically filed with the applicable securities commission in each jurisdiction where the company is reporting and will be available on SEDAR+.

About Wi2Wi Corp.

Wi2Wi is a specialized electronic component supplier with expertise in all aspects of frequency control devices as well as in wireless technologies. Wi2Wi's precision devices brand of products has earned a premier spot in numerous key markets including avionics, aerospace, industrial equipment, government and the United States military. Founded in 2005, Wi2Wi's headquarters, design centre and manufacturing facility are located in the heart of America's industrial belt in Middleton, Wis. Wi2Wi can deliver specific solutions using its in-house design and manufacturing expertise, as well as leveraging its global partnerships with silicon and wireless technology suppliers. The company uses a global network of manufacturer's representatives to promote its products and services and has partnered with distributors for the fulfilment of orders all of which augment a United States-based direct sales team.

We seek Safe Harbor.