ARCPOINT ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT AND ANNOUNCES UPSIZE

Core Points - ARCpoint Inc. has successfully closed a non-brokered private placement, raising gross proceeds of C$800,000 through the sale of 10,000,000 units at C$0.08 per unit [1] - Each unit consists of one class A subordinate voting share and one share purchase warrant, with the warrant allowing the purchase of an additional share at C$0.12 for 24 months [1] - The company plans to raise an additional C$700,000 by offering another 8,750,000 units under the same terms [5] Financial Details - The net proceeds from the offering will be allocated for operational expenses, investor awareness, investor relations, and marketing [2] - A cash commission of $36,057.60 was paid to finders, along with the issuance of 428,400 finder's shares and 536,400 finder's warrants [4] Related Party Transactions - Directors Felix Mirando and Adam Ho purchased a total of 764,199 units as part of the offering, which is classified as a related party transaction [3] - The participation of these directors is exempt from formal valuation and minority shareholder approval requirements under MI 61-101 [3] Marketing Agreement - ARCpoint has entered into a Marketing Service Agreement with Outside the Box Capital Inc., effective March 7, 2025, for marketing services [8] - The agreement includes a monthly cash fee of$25,000 USD for services aimed at increasing awareness of the company's activities [8]