BrandPilot AI Announces Closing of Final Tranche of Upsized Non-Brokered Private Placement

BrandPilot AI Inc. (CSE: BPAI) (OTCQB: BPAIF) (FSE: 8LH0) (" BrandPilot " or the " Company "), a performance marketing technology company focused on identifying and eliminating inefficiencies in digital advertising for global enterprise brands, is pleased to announce that it has closed the second and final tranche (the " Second Tranche ") of its previously announced (see press releases dated May 7, 2026 and June 5, 2026) non-brokered private placement (the " Offering ") of units (" Units ") of the Company, for aggregate gross proceeds of $354,500 from the issuance of 17,725,000 Units.

Including the Second Tranche, the Company raised aggregate gross proceeds of $854,500 from the issuance of 42,725,000 Units in the Offering. The Offering was increased from the previously announced maximum gross proceeds of $750,000.

Each Unit is priced at $0.02 and is comprised of one common share in the capital of the Company (each, a " Common Share ") and one Common Share purchase warrant (each, a " Warrant "). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.05 at any time on or before the date that is five years following the date of issuance, subject to acceleration.

If the Common Shares trade at or above a volume-weighted average price of $0.15 for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants to a date that is 30 days following notice to the holders of Warrants.

The Company engaged certain finders (the " Finders ") in connection with the Offering and paid the Finders an aggregate cash commission of $30,760, equal to 8% of the gross proceeds of Units sold to purchasers introduced to the Company by the Finders. The Company also issued a total of 1,538,000 broker warrants (the " Broker Warrants ") to the Finders in connection with the Offering, equal to 8% of the aggregate number of Units sold to purchasers introduced to th...