Logica Ventures Corp. provided the following corporate update. Subject to final approval of the Exchange, the Company's Board of Directors and management have been reconstituted and now consist of Clayton Fisher (CEO, CFO, Corporate Secretary and director), Munaf Ali (director), Darren Collins (director) and Anthony Viele (director).

Biographies of each of the current officers and directors of the Logica are set out below. Clayton Fisher ­ Chief Executive Officer, Chief Financial Officer, Corporate Secretary and Director: Mr. Clayton Fisher brings more than 15 years of experience as an investment advisor in the financial services industry at Canaccord Genuity and Raymond James. During his time as an investment advisor, Mr. Fisher evaluated and financed numerous mineral exploration companies.

He holds a bachelor of Arts in Economics and Finance from the University of Victoria. Mr. Fisher has served on both public and private company boards while assisting and advising on capital market strategies. Munaf Ali ­ Director: Mr. Munaf Ali, Co-Founder and Group Managing Director of the Phoenix Group, is a visionary entrepreneur, and innovator with over 20 years Capital Markets experience (including previous executive banking roles in Citigroup across London and UAE).

Mr. Munaf has founded and built billion- dollar corporations globally across sectors including Hospitality, Leisure and Blockchain. Anthony Viele ­ Director: Mr. Viele has been an entrepreneur for over 40 years. He began his career in 1976 starting a small business manufacturing light automotive product that ran for 20 years.

He went on to start a consulting/marketing business specializing in high-value products such as High Tec machining to composites material in the industrial and military space. In 2018, he was the CEO of Adent Capital Corp. when it merged with Khiron Life Sciences Corp., a Columbian-based medical cannabis company.

Prior thereto, he was a director of Friday Capital Inc. when it merged with Hit Technologies Inc., operating as HitCase, which designs, manufactures and distributes mobile accessories. Recently, he was a director of Trueclaim Exploration Inc. when it merged with New Wave Esports Corp., a competitive gaming-focused investment company, and a director of Manganese X Energy Corp., a Manganese mining company in North America. He currently consults companies to develop successful business strategies and objectives.

He is currently a director of CanBud Distribution Corp. a science and technology company focused on providing products and services, including analytical testing services within the hemp and cannabis market sector. Darren Collins ­ Director: Darren Collins has over 15 years of corporate experience as an executive, board director and advisor of private and public companies across multiple industries.

His expertise spans mergers and acquisitions, debt and equity financings, go-public transactions, commercial partnerships, accounting, and corporate governance. In recent engagements, he has led and supported fundraisings totaling over $250 million in equity capital and launched active M&A programs for early stage companies. He has also been an executive and advisor to companies that have collectively created billions of dollars in market value.

Prior to his current corporate activities, Darren worked for several investment and merchant banks, including Alegro Capital, LP in London, UK, Scotia Capital Inc. and Quest Capital Corp. (now known as Sprott Resource Lending Corp.) in Toronto, Canada. Mr. Collins holds a Bachelor of Commerce degree in finance from Dalhousie University.