INTURAI VENTURES ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT

The Company has completed the first tranche of its previously announced non-brokered private placement, issuing 6,273,331 Units at a price of $0.15 per Unit for gross proceeds of $940,999.65. The Company expects to close the remainder of the Offering in one or more tranches in the coming weeks. Inturai Ventures Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of up to 8,500,000 units (each, a " Unit ") at a price of $0.15 per Unit for gross proceeds of up to $1,275,000 (the " Offering "). Under the first tranche of the Offering, the Company issued 6,273,331 Units for aggregate gross proceeds of $940,999.65. Each Unit consists of one common share of the Company (each, a " Share ") and one share purchase warrant (each, a " Warrant "). Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.25 for a period of twenty-four months following the date of issuance. The Warrants are subject to an accelerated expiry if, any time following the date of issuance, the closing price of the Shares on the Canadian Securities Exchange, or such other market as the Shares may trade from time to time, is or exceeds $0.35 for five (5) consecutive trading days, in which event the holders of the Warrants may, at the Company's election, be given notice and the Company will issue a press release announcing that the Warrants will expire thirty (30) days following the date of such press release. The Warrants may be exercised by the holder of the Warrants during the 30-day period between the date of the press release announcing the accelerated expiry date and the expiration of the Warrants. The Company expects to close the remainder of the Offering in one or more tranches in the coming weeks. The Company expects to utilize the proceeds of the Offering for research and development, business development and general working capital purposes. The Units issued under the first tranche Offering were offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the " Listed Issuer Financing Exemption "), in each of the provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately "free-trading" under applicable Canadian securities laws. In connection with closing of the first tranche of the Offering, the Company paid $9,900 and issued 66,000 finder warrants (each, a " Finders' Warrant ") to certain arm's-length parties (each, a " Finder ") who assisted in introducing subscribers to the Offering. Each Finders' Warrant entitles the holder to acquire one common share of the Company at a price of $0.25 until August 28, 2028. All securities issued to Finders are subject to restrictions on resale until December 29, 2026 in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.