Novateqni to Complete Consolidation and Continuation

NOVATEQNI CORPORATION

Suite 510, 580 Hornby Street Vancouver, British Columbia V6C 3B6

NEWS RELEASE

NOVATEQNI TO COMPLETE CONSOLIDATION AND CONTINUATION

June 21, 2019 – Vancouver, British Columbia – NovaTeqni Corporation (TSXV: NTQ) (the “Company”) announces that effective at the close of business on Monday, June 24, 2019, it will complete a consolidation (the “Consolidation”) of its common share capital on a ten-for-one basis, following which the Company is expected to have approximately 3,794,746 common shares outstanding.

Concurrently with completion of the Consolidation, the Company will continue (the “Continuation”) its corporate existence into British Columbia under the name “NovaTeqni Technology Corporation” and will be governed by the Business Corporations Act (British Columbia). The Company is adopting the modified name in connection with the Continuation to meet the naming requirements of the British Columbia Registrar of Companies.

At the opening of markets on Tuesday, June 25, 2019, the Company’s common shares will trade on a post-Consolidation basis under the new name. There will be no change to the Company’s ticker symbol in connection with the Consolidation and the Continuation.

For further information regarding the Consolidation and the Continuation, readers are encouraged to review the management information circular prepared by the Company in connection with its annual general and special meeting held on May 21, 2019, a copy of which is available under the Company’s profile on SEDAR (www.sedar.com).

For inquiries regarding the Company, contact Simon Cheng at [email protected].

On behalf of the Board,

NOVATEQNI CORPORATION

Simon Cheng, Interim Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.