Trench Solutions Commences Review of Financial Portals

TRENCH SOLUTIONS INC.

Suite 2200, 885 West Georgia Street

Vancouver, British Columbia

V6C 3E8

NEWS RELEASE

TRENCH SOLUTIONS COMMENCES REVIEW OF FINANCIAL PORTALS

July 8, 2020 – Vancouver, British Columbia – Trench Solutions Inc. (the “Company”) (TSXV: TSI)

announces that its board of directors has commenced a review of potential strategic development

and acquisition opportunities for the Company in the financial portal space, utilizing artificial

intelligence. The review will focus on options to either develop or acquire the necessary

technology to be able to support the financial services industries’ access to financial data through

a platform powered by artificial intelligence. The Company intends to initially focus on servicing

the twenty-seven European nations.

It is anticipated that the review will involve an assessment of whether to develop the platform

internally or acquire an existing one and expand on it. The Company anticipates providing further

information regarding the results of this review during the third quarter of 2020. The Company

will provide details of any transactions which it intends to undertake once terms have been

negotiated.

For further information, contact Simon Cheng at [email protected].

On behalf of the Board,

Trench Solutions Inc.

Simon Cheng, 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 contain certain “Forward-Looking Statements” within the meaning of the United States Private

Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release,

the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or

expressions identify forward-looking statements or information. These forward-looking statements or information may

relate to a review of potential strategic acquisition opportunities, and other factors or information. Such statements

represent the Company’s current views with respect to future events and are necessarily based upon a number of

assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant

business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known

and unknown, could cause results, performance or achievements to be materially different from the results,

performance or achievements that are or may be expressed or implied by such forward-looking statements. The

Company does not intend, and does not assume any obligation, to update these forward-looking statements or

information to reflect changes in assumptions or changes in circumstances or any other events affecting such

statements and information other than as required by applicable laws, rules and regulations.