Binovi Technologies Corp. — Capital/Financing Update 2021

Mar 26, 2021

574 Chartwell Road, Oakville, ON L6J 4A8 T: 1 (855) 416-7158 info@binovi.com

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March 26, 2021

BINOVI CLOSES SHARES FOR DEBT TRANSACTION

Vancouver, BC, March 26, 2021 – Binovi Technologies Corp. (“Binovi” or the “Company”)(VISN: TSX.V) (OTC: BNVIF) - a leader is neuro-vision performance technology, announces that further to its news release dated March 12, 2021, the Company has received approval from the TSX Venture Exchange for the shares for debt transaction, to settle the aggregate of $105,000.00 in indebtedness to a creditor of the Company, through the issuance of 954,545 common shares of the Company (each, a “ Share ”) at a deemed price of $0.11 per Share (the “ Debt Settlement ”).

The Shares issued pursuant to the Debt Settlement are subject to a statutory hold period of four-months and one day from the date of issuance.

About Binovi Technologies Corp (VISN)

Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.

On behalf of the Board of Directors

Adam Cegielski President | CEO

Investor Relations Email: info@binovi.com Toll-free: 1 (855) 416-7158

https://www.binovi.com/investors/

Forward looking information:

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forwardlooking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

binovi.com