Debt Settlement Complete

AGEDB Technology Completes Debt Settlement Transaction by Issuing Common Shares

AGEDB Technology Ltd. (TSXV: AGET) has announced the closing of its debt settlement transaction (theDebt Settlement), to settle C$4,068 of outstanding indebtedness owed to a creditor (the Creditor). The company issued 30,133 common shares of the Company (each a "Share") to the Creditors at a deemed price of $0.135 per Share. The Shares issued to related parties are considered a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. All securities issued to the creditors or in connection with the Debt Settlement are subject to a statutory hold period of four months and one day.