News

SoLVBL Solutions and Empower Clinics Sign Memorandum of Understanding (MoU) to Develop a Program for Data Security in Diagnostic Testing

Toronto, ON – September 27, 2021 –SoLVBL Solutions Inc. (“SoLVBL Solutions” or the “Company”) (CSE: SOLV) is pleased to announce it has signed a Memorandum of Understanding (“MoU”) with Empower Clinics Inc. (CSE: CBDT) (Frankfurt: 8EC) (OTCQB: EPWCF) (“Empower”) to develop a cyber security program to detect cyber-attacks and provide data security to the diagnostic testing programs used by Empower.

Empower is an integrated healthcare company, that provides body and mind wellness to patients through its clinics with world-class diagnostics laboratories. The novel solution powered by SOLV’s underlying technology, will incorporate dedicated data security mechanisms for Empower’s diagnostic testing platform. As healthcare service providers face increased cybersecurity threats, the need for effective and resilient data security is paramount to maintain seamless healthcare services.

SoLVBL Solutions is at the forefront of developing cybersecurity solutions and advanced unique capabilities for providing customers with capabilities to protect and verify incoming data against a range of cyber threats.

We are extremely proud that SoLVBL Solutions’ collaboration with Empower will yield a comprehensive cybersecurity solution for Empower’s diagnostic testing platforms, answering a growing global cyber threat. We believe this will be the first of many such opportunities in the healthcare vertical, and one that we realized was needed and doable in our ongoing conversations with the Empower team. Together we realized the need for this level of data protection in this sector.” said Raymond Pomroy, CEO of SoLVBL Solutions.

 “We are excited to collaborate with SoLVBL Solutions, a company with broad know-how in data verification and cybersecurity. The collaboration agreement entered with Empower combines SoLVBL Solutions’ data verification capabilities with Empower’s experience and extensive expertise in the design, construction, operation, and maintenance of healthcare clinics and world-class diagnostic laboratories. With the increase in data collection, the demand to protect and verify data is unprecedented. We have seen such announcements come from both the Canadian and American governments. We feel this verification solution will allow us to continue to grow and meet the demands and needs of our patients and health care administrations. The collaboration aligns with our expansion and growth plans to become a global technological leader in the healthcare diagnostic sector.” said Steven McAuley, CEO of Empower.

You can authenticate your data before use by Q by SoLVBLTM. Q by SoLVBLTM allows you to create Trust, Fast.

If you have data worth forging, it’s worth protecting with Q by SoLVBLTM.

About Empower:

Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Our Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.

About SoLVBL Solutions Inc.

SoLVBL Inc.™ takes a different approach to cybersecurity with its proprietary Q by SoLVBL™ protocol that quickly and cost-effectively establishes the authenticity of digital records at very high speed. We don’t believe that any system is ‘un-hackable’, no matter how secure it appears to be, and if a system can be hacked, the data within that system is subject to manipulation. Bad data leads to bad decisions. Our Mission: ‘To empower better, faster decisions by developing a universal standard for establishing digital record authenticity which is easy to adopt, cheap to use, offers cryptographic assurances, and will not bottleneck systems.’. The Company is currently pursuing the following verticals: chain of custody for digital evidence including NG-911; data used in the financial sector; medical applications; and critical IoT infrastructures.

For Further Information, Contact:

SoLVBL Solutions Inc.

Raymond Pomroy, CEO

100 King Street West, Suite 5700

Toronto, ON, M5X 1C7

E: Ray.Pomroy@SoLVBL.com

T: 905.510.7982

Cautionary Note Regarding Forward-looking Information

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

SoLVBL Solutions’ Flagship Cybersecurity Product Q by SoLVBL™ Receives Independent Cryptographic Test Validation

Toronto, ON – September 9, 2021 – SoLVBL Solutions Inc. (“SoLVBL” or the “Company”) (CSE:SOLV) an
innovative cybersecurity company that provides proprietary data authentication SaaS that uniquely features
advanced cryptography for data authentication, announced that the Company has completed independent test
validations of its cryptographic cybersecurity product, Q by SoLVBLTM.
The tests performed on Q by SoLVBLTM, the Company’s flagship cryptographic cybersecurity product, confirms
the system to be existentially unforgeable. The tests were performed by Sonam Devgan Kaul, Ph.D., an
independent cryptography expert based in Toronto.
Ms. Kaul is an Assistant Professor of the Mathematical and Computational Sciences Department at University
of Toronto, and a Post-doctoral Cryptography Researcher at Department of ECE at University of Toronto. She
was previously the Academic Coordinator at the Fields Institute for Research in Mathematical Sciences. Ms.
Kaul’s Ph.D. was completed in Cryptography. Ms. Kaul undertook an independent, extensive, in-depth and
thorough review of Q by SoLVBLTM. The Company is pleased to announce that Ms. Kaul’s findings have verified
the system to be existentially unforgeable and the assurances the company claims –
namely: Identity, integrity, completeness, portability, attribution and confidentiality
have all been demonstrated, mathematically and cryptographically to be proven and true.
“We are delighted with the outcome of Ms. Kaul’s analysis. This is one more step – and an incredibly significant
step – in establishing Q by SoLVBLTM’s credentials. Any organisation with data worth forging should be using
Q by SoLVBLTM ”, said Ray Pomroy CEO of SoLVBL solutions Inc.
“This is a key further development in SoLVBL’s journey to being a highly successful business in today’s ever
changing technology world” Mr. Pomroy noted. He added, “SoLVBL has successfully raised $4 million recently,
which will fund its ambitious growth plans. The Company is actively adding to its talent pool as it continues to
bolster its team. Ms Kaul’s analysis demonstrates Q by SoLVBLTM’s pedigree in providing both a unique
solution to data authentication and cyber security. SoLVBL believes, if you have data worth forging, you should
be using Q by SoLVBLTM. We look forward to more announcements as we progress on our business plan
through to the rest of the year”.
SoLVBL Solutions Inc.
SoLVBL is an innovative cybersecurity company. The Company’s mission is to empower, better, faster
decisions by developing a universal standard for establishing digital record authenticity. The lead product Q by
SoLVBL™, is a proprietary software of the Company, designed to be easy to use and adopt, economically
priced and provide digital record authentication at very high speed. Q by SoLVBL™ allows organizations to
establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for
digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT
infrastructures.
For Further Information, Contact:
SoLVBL Solutions Inc.
Raymond Pomroy, CEO
100 King Street West, Suite 5700
Toronto, ON, M5X 1C7
E: Ray.Pomroy@SoLVBL.com
T: 905.510.7982
Cautionary Note Regarding Forward-looking Information
The CSE has neither approved nor disapproved the contents of this press release.
NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF
THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains
“forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”)
within the meaning of the applicable Canadian securities legislation. All statements, other than statements of
historical fact, are forward-looking statements and are based on expectations, estimates and projections as at
the date of this news release. Any statement that involves discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using
phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”,
“budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases
or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or
be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking
statements are necessarily based upon a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the
actual results and future events to differ materially from those expressed or implied by such forward-looking
statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its
business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other
economic, business and/or competitive, factors. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and
information contained in this news release. Except as required by law, SoLVBL assumes no obligation to
update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change,
except as required by law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
described herein in the United States. The securities described herein have not been registered under the
United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and
may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under
the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration requirements is available

SOLVBL SOLUTIONS ANNOUNCES CLOSING OF $1 MILLION SECOND BROKERED PRIVATE PLACEMENT

Toronto, ON – July 30, 2021 – SoLVBL Solutions Inc. (“SoLVBL” or the “Company”) (CSE:SOLV) is pleased to announce that it has closed a second private placement (the “Private Placement”) of units of the Company (the “Units”), pursuant to which the Company issued 13,333,333 Units at a price of $0.075 per Unit (the “Offering Price”) for aggregate gross proceeds of $1,000,000. The Private Placement was led by Research Capital Corporation as sole agent and sole bookrunner (the “Agent”). Together with the closing of the Private Placement and the closing of the upsized private placement on July 23, 2021 for gross proceeds of $3,000,000, the Company has raised aggregate gross proceeds of $4,000,000.

Each Unit is comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one Common Share (a “Warrant Share”) at a price of $0.12 per Warrant Share for a period of 24 months from the date of issuance.

“On behalf of SoLVBL, we are excited to be closing on a second private placement indicating strong investor demand and support for SoLVBL’s product solution targeting the cybersecurity market. Q by SoLVBL combats digital fraud with proprietary data authentication for enhanced data security and privacy. The total gross proceeds of $4 million from the first and second private placement will accelerate the implementation of Q by SoLVBL”, stated Ray Pomroy, CEO of SoLVBL.

The Company intends to use the net proceeds raised under the Private Placement for working capital and general corporate purposes.

The securities issued pursuant to the Private Placement are subject to a four-month and one day hold period under applicable securities laws in Canada.

In connection with the Private Placement, the Agent received an aggregate cash fee of $61,280 and an aggregate of 817,067 non-transferable compensation options (the “Compensation Options”). Each Compensation Option entitles the holder thereof to purchase one Unit at an exercise price equal to the Offering Price for a period of 24 months following the closing of the Private Placement.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

Alan Rootenberg, a current director of the Company, subscribed for 800,000 Units such that he now holds a total of 1,800,000 Common Shares which represent 1.18% of the total number of issued and outstanding Common Shares after giving effect to the Private Placement.

Related Party Participation in the Private Placement

An insider of the Company subscribed for 800,000 Units pursuant to the Private Placement. Participation of insiders of the Company in the Private Placement is deemed to be a “related party transaction” as defined under Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions (“MI 61-101“).

Neither the Company, nor to the knowledge of the Company after reasonable inquiry, a related party, has knowledge of any material information concerning the Company or its securities that has not been generally disclosed.

The Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(c) and 5.7(1)(b)) as the distribution of securities was for cash consideration and neither the fair market value of the Units distributed to, nor the consideration received from, interested parties exceeded $2,500,000.

The Company did not file a material change report more than 21 days before the expected closing of the Private Placement because the details of the insider participation were not settled until closer to the closing of the Private Placement and the Company wished to close as soon as practicable for business reasons.

SoLVBL Solutions Inc.

SoLVBL is an innovative cybersecurity company. The Company’s mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. The lead product Q by SoLVBL™, is a proprietary software of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at lightning fast speed. Q by SoLVBL™ allows organizations to establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT infrastructures.

For Further Information, Contact:

SoLVBL Solutions Inc.
Raymond Pomroy, CEO
100 King Street West, Suite 5700
Toronto, ON, M5X 1C7
E: Ray.Pomroy@SoLVBL.com
T: 905.510.7982

Cautionary Note Regarding Forward-looking Information

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

SOLVBL SOLUTIONS ANNOUNCES DEBT SETTLEMENT AGREEMENTS AND ENTERS INTO MARKETING AND CONSULTING AGREEMENTS

Toronto, ON – July 27, 2021 – SoLVBL Solutions Inc. (“SoLVBL” or the “Company”) (CSE:SOLV) is pleased to announce that it has settled aggregate indebtedness of $265,800 under debt settlement agreements with six creditors by issuing an aggregate of 4,430,000 units of the Company (“Units”). In addition, the Company also settled indebtedness under a debt settlement agreement with a creditor by issuing an aggregate of 500,000 common shares of the Company (“Common Share”).

The Company is also pleased to announce that it has entered into a one (1) year marketing agreement with LDJ Consulting Inc. (“LDJ”), a Toronto, Ontario based marketing consulting company beginning in July 2021 and ending in July 2022. The Company is prepaying the marketing fees to LDJ and intends to issue 500,000 common share purchase warrants (“Warrants”) to LDJ at an exercise price of $0.12 per Common Share exercisable for a period of 24 months from the date of issuance. The Warrants and the securities underlying the Warrants will all be subject to a four month and one day statutory hold period commencing on the date of issuance.

Raymond Pomroy, the Company’s CEO states “LDJ has an extensive network throughout North America, particularly among the millennial and the female demographics. SoLVBL is excited to tap into the millennial and female investor groups. We look forward to working with LDJ to bring our story to these new group of investors.”

The Company also entered into a one year consulting agreement with an arm’s length individual for business development services, and the Company agreed to issue 500,000 Warrants at an exercise price of $0.12 per Common Share exercisable for a period of 24 months from the date of issuance. The Warrants and the securities underlying the Warrants will all be subject to a four month and one day statutory hold period commencing on the date of issuance.

Debt Settlement

For capital conservation purposes, the Company today settled aggregate indebtedness under settlement agreements with six creditors by issuing 4,430,000 Units at a price of $0.06 per Unit. Each Unit is comprised of one Common Share and one Warrant. Each Warrant is exercisable for a period of 24 months from the date of issuance at an exercise price of $0.12 per Common Share.

The Company also settled indebtedness under a settlement agreement with one creditor by issuing 500,000 Common Shares at a price of $0.08 per Common Share.

All securities issued pursuant to the debt settlement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.

Related Party Transactions

As part of the debt settlement, Raymond Pomroy (“Pomroy”), CEO of the Company has agreed to convert all existing indebtedness due to him by the Company. In exchange for settling $30,000 in debt Pomroy will receive 500,000 Units. Khurram Qureshi (“Qureshi”), CFO of the Company has agreed to convert all existing indebtedness due to him by the Company. In exchange for settling $75,000 in debt Qureshi will receive 1,250,000 Units. Alan Rootenberg (“Rootenberg”), a director of the Company has agreed to convert all existing indebtedness due to him by the Company. In exchange for settling $60,000 in debt Rootenberg will receive 1,000,000 Units.

Participation of insiders of the Company in the debt settlement is deemed to be a “related party transaction” as defined under Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions (“MI 61-101“).

Neither the Company, nor to the knowledge of the Company after reasonable inquiry, a related party, has knowledge of any material information concerning the Company or its securities that has not been generally disclosed.

The debt settlement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 provided for in subsections 5.5(a) and 5.7(a) respectively, as the fair market value of the subject of, and the consideration paid in the debt settlement agreement, in each case, in relation to the interested parties, will not represent more than 25% of the Company’s market capitalization, as determined in accordance with MI 61-101. All of the independent directors of the Company, acting in good faith, considered the transactions and have determined that the fair market value of the securities being issued to insiders and the consideration being paid is reasonable.

The Company did not file a material change report more than 21 days before the expected closing of the debt settlement because the details of the insider participation, including negotiations between the Company and the creditors were not settled until closer to the closing of the debt settlement and the Company wished to close as soon as practicable for business reasons.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

SoLVBL Solutions Inc.

SoLVBL is an innovative cybersecurity company. The Company’s mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. The lead product Q by SoLVBL™, is a proprietary software of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at lightning fast speed. Q by SoLVBL™ allows organizations to establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT infrastructures.

For Further Information, Contact:

SoLVBL Solutions Inc.

Raymond Pomroy, CEO

100 King Street West, Suite 5700

Toronto, ON, M5X 1C7

E: Ray.Pomroy@SoLVBL.com

T: 905.510.7982

Cautionary Note Regarding Forward-looking Information

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations,

beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available

SoLVBL SOLUTIONS ANNOUNCES CLOSING OF UPSIZED $3.0 MILLION BROKERED PRIVATE PLACEMENT

Toronto, ON – July 23, 2021 – SoLVBL Solutions Inc. (“SoLVBL” or the “Company”) (CSE:SOLV) is pleased to announce that due to oversubscribed investor demand it has upsized and closed its previously announced brokered private placement (the “Private Placement”) of units of the Company (the “Units”), pursuant to which the Company issued 50,000,000Units at a price of $0.06 per Unit (the “Offering Price”) for aggregate gross proceeds of $3,000,000. The Private Placement was led by Research Capital Corporation as sole agent and sole bookrunner (the “Agent”).

Each Unit is comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one Common Share (a “Warrant Share”) at a price of $0.12 per Warrant Share for a period of 24months from the date of issuance.

The Company intends to use the net proceeds raised under the Private Placement for working capital and general corporate purposes.

“We are pleased with the oversubscribed investor demand for the private placement. Cybersecurity is an ever growing threat and we believe our solution, Q by SoLVBLTM, will combat digital fraud. The use of Q by SoLVBL solves the problem of data authenticity that is not solved today. The proceeds from the private placement will enable the implementation of Q by SoLVBLTM to target the cybersecurity market,” stated Ray Pomroy, CEO of SoLVBL.

The securities issued pursuant to the Private Placement are subject to a four-month and one day hold period under applicable securities laws in Canada.

In connection with the Private Placement, the Agent received an aggregate cash fee equal to $229,329 and an aggregate of 3,822,154 non-transferable compensation options (the “Compensation Options”) equal to 8.0% of the total number of Units sold under the Private Placement. Each Compensation Option entitles the holder thereof to purchase one Unit at an exercise price equal to the Offering Price for a period of 24 months following the closing of the Private Placement. In addition, the Company has paid the Agent a financial advisory fee satisfied by the issuance of 3,333,333 Common Shares and 3,333,333 Warrants.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

Ms. Brenda Brown, a current director of the Company, acquired beneficial ownership of 16,666 Units such that she now holds a total of 16,666 Common Shares which represent 0.01% of the total number of issued and outstanding Common Shares after giving effect to the Private Placement.

Related Party Participation in the Private Placement

An insider of the Company subscribed for 16,666 Units pursuant to the Private Placement. Participation of insiders of the Company in the Private Placement is deemed to be a “related party transaction” as defined under Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions (“MI 61-101“).

Neither the Company, nor to the knowledge of the Company after reasonable inquiry, a related party, has knowledge of any material information concerning the Company or its securities that has not been generally disclosed.

The Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(c) and 5.7(1)(b)) as the distribution of securities was for cash consideration and neither the fair market value of the Units distributed to, nor the consideration received from, interested parties exceeded $2,500,000.

The Company did not file a material change report more than 21 days before the expected closing of the Private Placement because the details of the insider participation were not settled until closer to the closing of the Private Placement and the Company wished to close as soon as practicable for business reasons.

SoLVBL Solutions Inc.

SoLVBL is an innovative cybersecurity company. The Company’s mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. The lead product Q by SoLVBL™, is a proprietary software of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at lightning fast speed. Q by SoLVBL™ allows organizations to establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT infrastructures.

For Further Information, Contact:

SoLVBL Solutions Inc.

Raymond Pomroy, CEO

100 King Street West, Suite 5700

Toronto, ON, M5X 1C7

E: Ray.Pomroy@SoLVBL.com

T: 1-833-722-7668

Cautionary Note Regarding Forward-looking Information

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available

SoLVBL Solutions Inc 赢得有关不可代替标记化相关技术开发和 Q 许可的提案申请书

安大略省多伦多市,2021 年 5 月 13 日,SoLVBL Solutions Inc.(CSE:SOLV)(以下简称“ SoLVBL”或“公司”),这是一家创新的网络安全公司,提供基于专有 SaaS 的数据身份验证,该功能独特地具有高级密码技术,用于数据身份验证和 我们以无与伦比的速度和可扩展性运行,很高兴地宣布,它赢得了一项不可替代的令牌化(“ NFT”)产品的提案,并获得了 SoLVBLTM向国际私人公司授予 Q 的相关许可。

SoLVBL 的获胜提案符合私营公司的提案要求(“RFP”)中规定的技术规格。 SoLVBL 还符合 RFP 中规定的所有法律和行政要求。 私人公司已决定 SoLVBL 具有所需的技术经验,可以为其产品提供所需的技术解决方案。

在接下来的几天中,私有公司与 SoLVBL 之间将签署相应的合同,以便尽快开始工作。 该协议的条款和补偿正在最终确定,并将在短期内宣布。

“作为我们最早的创收客户之一,我们很高兴与这群技术企业家合作,我们相信这种关系将为公司和我们的利益相关者带来巨大的价值。 此外,这并没有脱离我们的核心业务和产品,而是为我们提供了新的收入来源。” SoLVBL 首席执行官 Raymond Pomroy 说。

About SoLVBL Solutions Inc.

SoLVBL 是一家创新的网络安全公司。 该公司的使命是通过制定通用的标准来建立数字记录的真实性,从而授权更好,更快地做出决定。 SoLVBLTM的主导产品 Q 是公司的专有软件,旨在易于使用和采用,经济实惠的价格并以前所未有的速度提供数字记录认证。 通过 SoLVBLTM的 Q,组织可以建立对其数据的信任。 公司目前正在追求以下垂直领域:数字证据的监管链; 包括 NG-911,金融部门,医疗应用和关键物联网基础设施中使用的数据。

For more information, please visit SoLVBL.com

For further information, please contact:

SoLVBL Solutions Inc.

Raymond Pomroy,CEO

15 Toronto Street, Suite 602

Toronto, Ontario, M5C2E3

E: Ray.Pomroy@SoLVBL.com

T: 905.510.7982

Forward-Looking Statements

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

SoLVBL Solutions Inc. wins Request for Proposal for the development of technology and licensing of Q associated to Non-fungible Tokenization

Toronto, ON, May 13, 2021- SoLVBL Solutions Inc. (CSE: SOLV) (“SoLVBL” or the “Company”), an innovative cybersecurity company that provides proprietary SaaS based data authentication, which uniquely features advanced cryptography for data authentication and operates at unprecedented speed and scalability, is pleased to announce that it has won the proposal for a non-fungible tokenization (“NFT”) product and the associated licensing of Q by SoLVBL™ to an international private company.

SoLVBL’s winning proposal complied with the technical specifications set out in the request for proposal (“RFP”) by the private company. SoLVBL also complied with all legal and administrative requirements set out in the RFP. The private company has decided that SoLVBL has the required technical experience to provide the technology solutions it needs for its product offerings.

In the next few days the corresponding contract will be signed between the private company and SoLVBL so that the work can start as soon as possible. Terms and compensation of the agreement are being finalized and will be announced shortly.

“As one of our very first revenue generating customers, we are excited to be working with this group of technology entrepreneurs and we believe that this relationship will bring tremendous value to the Company and our stakeholders. In addition, this does not take away from our core business and offerings, it offers us a new revenue stream” said Raymond Pomroy, CEO of SoLVBL.

About SoLVBL Solutions Inc.

SoLVBL is an innovative cybersecurity company. The Company’s mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. The lead product Q by SoLVBL™, is a proprietary software of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at an unprecedented speed. Q by SoLVBL™ allows organizations to establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT infrastructures.

For more information, please visit SoLVBL.com

For further information, please contact:

SoLVBL Solutions Inc.

Raymond Pomroy,CEO

15 Toronto Street, Suite 602

Toronto, Ontario, M5C2E3

E: Ray.Pomroy@SoLVBL.com

T: 905.510.7982

Forward-Looking Statements

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBLTM, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.