Mr. Tim Chan reports

UNIVERSAL DIGITAL INC. ENGAGES JOSEPH GUNNAR TO PURSUE U.S. CAPITAL MARKETS STRATEGY AND OTCQB LISTING

Universal Digital Inc. has entered into a capital markets advisory engagement with Joseph Gunnar & Co. LLC, a leading United States-based investment bank, to support the company's U.S. capital markets strategy and to assist in pursuing a quotation of its common shares on the OTCQB Venture Market in the United States.

Under the terms of the engagement, Joseph Gunnar will act as a non-exclusive capital markets adviser to the company for an initial six-month period, during which it will provide support for regulatory filings, investor road shows, application preparation and other strategic services related to the OTCQB listing process, as well as DTC eligibility. The engagement also includes the opportunity for Joseph Gunnar to participate in future financings and marketing initiatives.

"This engagement marks another step forward in our global growth strategy as we work to enhance liquidity and broaden our investor base," said Tim Chan, chief executive officer of Universal Digital. "Partnering with an experienced U.S. investment bank like Joseph Gunnar provides us with strategic insight and market access that will be instrumental as we expand our presence in the United States."

The OTCQB is a U.S. trading platform operated by OTC Markets Group for early-stage and developing companies that are current in their reporting and undergo annual verification and management certification. Should the company succeed in listing on the OTCQB, it would provide increased visibility and trading access for U.S. investors; however, such a listing is not guaranteed.

About Universal Digital Inc.

Universal Digital is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies.

About Joseph Gunnar & Co. LLC

Joseph Gunnar is a full-service boutique investment banking, securities and wealth management firm with main offices in New York. The firm provides a full array of financial services, including investment banking, private wealth management, global institutional equity, fixed-income and derivatives sales and trading, equity research, and advisory services, to a diverse range of corporate clients, institutional investors and high net-worth individuals. Joseph Gunnar's affiliate Buttonwood fund also offers suitable individual and entity investors membership interests in preinitial public offering (IPO) venture investments. Joseph Gunnar is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB), and is a member of the following: Financial Industry Regulatory Authority (FINRA); Securities Insurance Protection Corporation (SIPC); and the Nasdaq Stock Market.

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