Mr. Anthony Brown reports

AMPD VENTURES INC. ANNOUNCES UP TO CAN$2,000,000 PRIVATE PLACEMENT

AMPD Ventures Inc. intends to conduct a non-brokered private placement through the sale of up to 14,285,715 units of the company's securities at a price of 14 cents per unit for aggregate proceeds up to $2-million.

Each unit will comprise one common share of the company and one common share purchase warrant, with each unit warrant entitling the holder to subscribe for one common share in the capital of the company at an exercise price of 20 cents per warrant share for a period of 24 months following the date of the closing of the private placement.

As part of this transaction, the company may enter into finder's fee agreements with qualified finders, in accordance with securities laws and the policies of the Canadian Securities Exchange.

The company intends to use the proceeds from the private placement for the deployment of AMPD infrastructure in additional geographic locations, to increase head count and for general working capital purposes.

The private placement is subject to regulatory approval and all securities issued will be subject to a four-month hold period.

About AMPD Ventures Inc.

AMPD is a next-generation infrastructure company specializing in providing high performance computing solutions for low-latency applications. With state-of-the-art, high-performance computing solutions hosted in sustainable urban data centres, AMPD is leading the transition to the next generation of computing infrastructure as the hosting company of the metaverse. Through a mix of infrastructure as a service (IaaS) and an upgraded, high performance cloud offering, AMPD is meeting the low-latency requirements of multiplayer video games and e-sports, computer graphics rendering, artificial intelligence, machine learning, mixed reality, big-data processing, and the as-yet-uncharted technological developments of the coming decades.

We seek Safe Harbor.