NEXTGEN DIGITAL CLOSES THIRD AND FINAL TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS AND COMMON SHARES

Fredericton, New Brunswick, Could 23, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Firm”) broadcasts, additional to its information releases of April 1, 2025, April 29, 2025, Could 8, 2025, and Could 16, 2025 that the Firm has accomplished the third and last tranche (the “Third Tranche”) of its beforehand introduced non-brokered personal placement (the “Providing”). Pursuant to the Third Tranche, the Firm issued 2,468,032 particular warrants (the “Particular Warrants”) on the value of $0.30 per Particular Warrant for gross proceeds of $740,409.74.

In reference to the Third Tranche, the Firm paid finder’s charges to eligible finders consisting of $7,476.00 in money and 13,320 widespread share buy warrants (the “Finder’s Warrants”). Every Finder’s Warrant is exercisable to amass one widespread share of the Firm (a “Widespread Share”) at an train value of $0.30 per Share for a interval of 24-months.

In reference to the Providing, the Firm issued a complete of 8,979,498 Particular Warrants and 440,000 Widespread Shares (collectively, the “Securities”), at a value of $0.30 per Safety for complete gross proceeds of $2,825,849.84 and paid complete finder’s charges to eligible finders consisting of $54,712.01 in money and 162,533 Finder’s Warrants.

Every Particular Warrant will robotically convert, for no further consideration, into one Widespread Share on the date that’s the earlier of: (i) the date that’s three enterprise days following the date on which the Firm information a prospectus complement to a brief kind base shelf prospectus with the securities commissions qualifying distribution of the Widespread Shares underlying the Particular Warrants (the “Prospectus Complement“), and (ii) the date that’s 4 months and in the future after the closing of the Providing.

The Firm will use its commercially cheap efforts to file the Prospectus Complement inside 60 days of the closing of the Providing (not together with the date of closing), offered, nonetheless, that there isn’t any assurance {that a} Prospectus Complement can be filed with the securities commissions, previous to the expiry of the statutory 4 month maintain interval.

All securities issued in reference to the Third Tranche are topic to a statutory maintain interval of 4 months plus a day in accordance with relevant securities laws ending on September 24, 2025.

The Firm will use the online proceeds from the Providing for company growth, advertising and marketing, and normal working capital.

Advertising and marketing Settlement

The Firm can be happy to announce in accordance with CSE insurance policies, that it has entered right into a advertising and marketing settlement with an arm’s size agency, Alpha Collective Inc. (“Alpha”) to offer, amongst different issues, digital advertising and marketing providers. In consideration for these providers, Alpha can be paid a money payment of $45,000 for a three-month time period commencing Could 21, 2025.

The contact particular person for Alpha is Mani Minhas, E mail: data@alphaequityreport.com, Phone: (236)-997-4461, and the deal with is 806 – 1238 Melville Road, Vancouver, BC V6E 4N2. The Firm is not going to challenge any securities to Alpha as compensation. Each Alpha and Mani Minhas are arm’s size to the Firm and should not have any curiosity, direct or oblique, within the Firm or its securities nor have they got any proper to amass such an curiosity

About NextGen Digital Platforms Inc.

NextGen Digital Platforms Inc. (CSE: NXT) is a expertise firm that operates e-commerce platform PCSections.com (“PCS”) and a hardware-as-a-service enterprise supporting the substitute intelligence sector, referred to as cloud AI internet hosting (“Cloud AI Internet hosting”). Each PCS and Cloud AI Internet hosting had been developed in-house by NextGen. The Firm additionally intends to democratize entry to cryptocurrencies by offering traders with publicity to a diversified basket of digital belongings by means of a regulated public car. Once in a while, the Firm additionally intends to guage and purchase or develop different micro-technology platforms.

For Extra Data:

Alexander Tjiang, Interim Chief Govt Officer
(416) 300-7398
https://nextgendigital.ca/
‎data@nextgendigital.ca

Ahead-Wanting Statements

Some statements on this information launch could comprise forward-looking info (inside the that means of Canadian securities laws), together with, with out limitation, the receipt of approval for the Providing together with the approval of the CSE, the closing of the Providing, and using proceeds of the Providing. These statements deal with future occasions and circumstances and, as such, contain recognized and unknown dangers, uncertainties, and different components which can trigger the precise outcomes, efficiency, or achievements to be materially totally different from any future outcomes, efficiency, or achievements expressed or implied by the statements. Ahead-looking statements communicate solely as of the date these statements are made. Though the Firm believes the expectations expressed in such forward-looking statements are based mostly on cheap assumptions, such statements aren’t guaranteeing of future efficiency and precise outcomes could differ materially from these within the forward-looking statements. Components that would trigger the precise outcomes to vary materially from these in forward-looking statements embody regulatory actions, market costs, and continued availability of capital and financing, and normal financial, market or enterprise circumstances. Traders are cautioned that any such statements aren’t ensures of future efficiency and precise outcomes or developments could differ materially from these projected within the forward-looking statements. Ahead-looking statements are based mostly on the beliefs, estimates and opinions of the Firm’s administration on the date the statements are made. Besides as required by relevant regulation, the Firm assumes no obligation to replace or to publicly announce the outcomes of any change to any forward-looking assertion contained or included by reference herein to replicate precise outcomes, future occasions or developments, adjustments in assumptions, or adjustments in different components affecting the forward-looking statements. If the Firm updates any forward-looking assertion(s), no inference must be drawn that it’s going to make further updates with respect to these or different forward-looking statements.

This information launch doesn’t represent a suggestion on the market, or a solicitation of a suggestion to purchase, in america or to any “U.S Individual” (as such time period is outlined in Regulation S underneath the U.S. Securities Act of 1933, as amended (the “1933 Act”)) of any fairness or different securities of the Firm. The securities of the Firm haven’t been, and won’t be, registered underneath the 1933 Act or underneath any state securities legal guidelines and might not be provided or bought in america or to a U.S. Individual absent registration underneath the 1933 Act and relevant state securities legal guidelines or an relevant exemption therefrom.

The Canadian Securities Alternate doesn’t settle for duty for the adequacy or accuracy of this launch.