XRApplied Technologies Inc. — Delisting Announcement 2021

Jul 29, 2021

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XRAPPLIED TECHNOLOGIES INC.

908-510 Burrard St Vancouver, B.C. V6C 2A8 Phone: 604-682-1643

XRAPPLIED TO LIST ON THE CSE

July 28, 2021, Vancouver, British Columbia. XRApplied Technologies Inc. (formerly Zadar Ventures Ltd. (the “Company”)) announces that, further to its recent news releases concerning its acquisition of XRApplied S.A.S., the closing of a concurrent private placement, and its impending listing on the CSE, the Company clarifies that the TSX Venture Exchange has not reviewed or approved any of the agreements or transactions pertaining thereto.

This release is being disseminated to facilitate the Company’s application to delist from the TSX Venture Exchange, which will now be effective at the close on Thursday, July 29, 2021. The Company will trade on the CSE under the symbol “XRA” commencing July 30, 2021. The new CUSIP is 98422K109.

Further details are set out in the Company’s Listing Statement, which has been filed on SEDAR.

About XRApplied Technologies Inc. (XRA)

XRA is an immersive technology solutions provider that specializes in bringing cost-efficient AR/VR e-commerce applications to businesses large and small. We accomplish this through a suite of proprietary products and services (AR catalog, toy gamification, AR App e-commerce, AR/VR interactive games) that we bring to the masses via our exclusive XRA Marketing Platform.

ON BEHALF OF THE BOARD OF DIRECTORS Mark Tommasi Chairman

Neither the Canadian Securities Exchange, the TSX Venture Exchange nor IIROC accepts responsibility for the adequacy or accuracy of this release.

This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Specifically, there is no assurance the Company will be able to (i) raise the necessary funds to close the transaction, (ii) obtain regulatory approval, or (iii) satisfy all conditions and close the transaction. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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