Ocumetics Announces Upsizing of Unit Private Placement

Calgary, Alberta – TheNewswire - July 30, 2026. Ocumetics Technology Corp. (“ Ocumetics ” or the “ Corporation ”) (TSXV: OTC) (OTCQB: OTCFF) (FRA: 2QBO) announces that as a result of strong investor demand, it has increased the size of the offering of units at a price of $0.40 per unit (the “ Units ”) previously announced by the Corporation on July 7 and July 29, 2026 (the “ Offering ”) from up to 5,000,000 Units to up to 8,000,000 Units for total gross proceeds of up to $3,200,000.

Each unit consists of one common share in the share capital of the Corporation (“ Common Share ”) and one common share purchase warrant (“ Warrant ”).

Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.50 for a period of three years from the date of issuance of the Warrant.

The Warrants are subject to an acceleration clause such that if the volume weighted average trading price of the Common Shares on the TSX Venture Exchange is at ‎‎least $0.75 per Common Share for a period of 30 consecutive trading days, the expiry date of such warrants may be ‎accelerated by the Corporation to a date that is not less than 30 days after the date that ‎notice of such acceleration is provided to the warrant holders by way of a press release.

Net proceeds of the Offering are expected to be used to fund the Corporation’s continuing first in-human clinical trials, for ongoing research and development and for general working capital.

Although the Corporation intends to use the proceeds of the offering as described above, the actual allocation of proceeds may vary from the uses set out above, depending upon future operations, events or opportunities.

The Common Shares and Warrants are subject to a hold period of four months and one day from the date of issuance.

The increase in the size of the Offering was subject to the conditional approval from the TSX Venture Exchange, which was obtained.

The Corporation’s press release dated July 29, 2026 incorrectly referred to an offering price of $0.35 per unit. The correct price is $0.40 per unit.

Ocumetics Technology Corp. (TSXV: OTC) (OTCQB: OTCFF) (FRA: 2QBO) is a Canadian research and product development company that is dedicated to developing advanced vision correction solutions that enhance the quality of life for patients.

Through innovative research and development, Ocumetics aims to transform the field of ophthalmology with state-of-the-art intraocular lenses and other vision-enhancing technologies.

Ocumetics is in the first-in-human early feasibility study phase of a game-changing technology for the ophthalmic industry.

Ocumetics has developed a dynamic intraocular lens that fits within the natural lens compartment of the eye, potentially to eliminate the need for corrective lenses.

It is designed to allow the eye’s natural muscle activity to shift focus from distance to near, providing clear vision at all distances without the help of glasses or contact lenses, and without perceptible time lag.