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

Fredericton, New Brunswick, Might 16, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Firm”) publicizes, additional to its information releases of April 1, 2025 and April 29, 2025, and Might 8, 2025, that the Firm has accomplished the second tranche (the “Second Tranche”) of its beforehand introduced non-brokered non-public placement (the “Providing”). Pursuant to the Second Tranche, the Firm issued 3,393,100 particular warrants (the “Particular Warrants”) and 440,000 frequent shares (the “Widespread Shares”) (collectively, the “Securities”) on the worth of $0.30 per Safety for gross proceeds of $1,149,930.10.

The Firm plans to finish a 3rd and closing tranche of the Providing subsequent week.

In reference to the Second Tranche, the Firm paid finder’s charges to eligible finders consisting of $41,845.31 in money and 131,244 frequent share buy warrants (the “Finder’s Warrants”). Every Finder’s Warrant is exercisable to accumulate one frequent share of the Firm at an train worth of $0.30 per share for a interval of 24-months.

Every Particular Warrant will routinely convert, for no extra consideration, into one frequent share within the capital of the Firm (a “Share”) on the date that’s the earlier of: (i) the date that’s three enterprise days following the date on which the Firm recordsdata a prospectus complement to a brief type base shelf prospectus with the securities commissions qualifying distribution of the 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 affordable 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 will probably be filed with the securities commissions, previous to the expiry of the statutory 4 month maintain interval.

All securities issued in reference to the Providing are topic to a statutory maintain interval of 4 months plus a day in accordance with relevant securities laws ending on September 17, 2025.

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

Investor Relations Engagement
The Firm additionally publicizes that it has entered into an settlement for advertising and investor relations. On Might 13, 2025, the Firm engaged Tafin GmbH (“Tafin”) to offer investor relations providers with a concentrate on the German inventory market (the “Settlement”). Tafin will, amongst different objects, present the Firm with advertising providers, together with the creation of articles and content material for numerous monetary platforms and newsletters. The Settlement has an preliminary time period of ten weeks, commencing on Might 15, 2025 and the Firm will make a one-time cost to Tafin for EUR250,000, as consideration for the providers.

The contact particular person for Tafin is Marco Marquardt, Tel: +49 6128 9792946 or Electronic mail: team@finanzmedien.gmbh, and the handle is Rosenweg 28, 65232 Taunusstein, Germany. The Firm is not going to challenge any securities to Tafin as compensation. Each Tafin and Marco Marquardt are arm’s size to the Firm and would not have any curiosity, direct or oblique, within the Firm or its securities nor have they got any proper to accumulate such an curiosity

About NextGen Digital Platforms Inc.

NextGen Digital Platforms Inc. (CSE: NXT) is a know-how firm that operates e-commerce platform PCSections.com (“PCS”) and a hardware-as-a-service enterprise supporting the bogus 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 property via a regulated public car. Sometimes, the Firm additionally intends to guage and purchase or develop different micro-technology platforms.

For Extra Info:

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

Ahead-Wanting Statements

Some statements on this information launch might include forward-looking data (throughout the which 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 handle future occasions and situations 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 converse 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 affordable assumptions, such statements will not be guaranteeing of future efficiency and precise outcomes might differ materially from these within the forward-looking statements. Elements that might 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 common financial, market or enterprise situations. Buyers are cautioned that any such statements will not be ensures of future efficiency and precise outcomes or developments might 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 mirror precise outcomes, future occasions or developments, modifications in assumptions, or modifications in different components affecting the forward-looking statements. If the Firm updates any forward-looking assertion(s), no inference ought to be drawn that it’s going to make extra updates with respect to these or different forward-looking statements.

This information launch doesn’t represent a proposal on the market, or a solicitation of a proposal to purchase, in the US or to any “U.S Individual” (as such time period is outlined in Regulation S beneath 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 beneath the 1933 Act or beneath any state securities legal guidelines and is probably not provided or bought in the US or to a U.S. Individual absent registration beneath the 1933 Act and relevant state securities legal guidelines or an relevant exemption therefrom.

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