Mr. Mark Holmes reports

ZONETAIL ANNOUNCES EXTENSION OF PRIVATE PLACEMENT OF SHARES

Zonetail Inc. will extend by 30 days to June 16, 2025, its previously announced non-brokered private placement of up to $1-million in common shares of the company at a purchase price of two cents per share.

In connection with the offering, the company may pay finders' fees equal to 6 per cent of the gross proceeds in cash and issue 6 per cent in non-transferable warrants to various registered dealers or finders, representing up to 6 per cent of the shares sold through such registered dealers or finders in the offering. Each finder's warrant will entitle the holder thereof to purchase one Zonetail share at a price of five cents per share for a period of 36 months from the closing date of the offering.

The proceeds derived from the sale of the shares will be for the completion of major integration projects currently under way, further development projects and sales efforts, as well as general working capital purposes. Assuming aggregate gross proceeds are raised, approximately 30 per cent will be used for non-arm's-length salaries, 30 per cent for technology additions, 26 per cent for arm's-length salaries and 14 per cent for administration.

A portion of the offering may be allocated to investors relying on the accredited investor or other exemptions available to Zonetail under National Instrument 45-106 (Prospectus Exemptions).

Certain insiders of Zonetail may participate in the offering; however, the total participation by insiders is not expected to exceed 25 per cent of the offering.

All of the securities issuable in connection with the offering will be subject to a hold period expiring four months and one day after the date of issuance of the securities.

About Zonetail Inc.

Zonetail is a mobile platform and market network. Its mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities and services. Its vision is to build a critical mass of users in the hard-to-reach, high-rise residential vertical, through a unique mobile market network model -- providing vital information, products and services at the tap of a screen. It is the search engine to optimize your home.

We seek Safe Harbor.