Monitor Ventures issues 1.01 million shares for debt

Mr. William Radvak reports MONITOR VENTURES INC. ANNOUNCES CLOSING OF SETTLEMENT OF DEBT AND PRIVATE PLACEMENT Further to its previously announced debt settlement on Sept. 19, 2025, Monitor Ventures Inc. has issued 1,015,000 common shares of the company at 7.5 cents each to extinguish $76,250 of debt. The common shares were issued to an arm's-length party and a director of the company. The issuance of the common shares to the director of the company constitutes a related party transaction with the company within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. As a result, the director currently holds 665,000 shares, representing approximately 16.86 per cent of the issued and outstanding share capital of the company and 15.48 per cent of the issued and outstanding share capital of the company following closing of the private placement described below. The company has relied on the exemptions from the formal valuation and minority approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the debt shares is not more than 25 per cent of the company's market capitalization. The company also reports that it has closed its previously announced non-brokered private placement of 350,000 common shares at 7.5 cents each for proceeds of $26,250. The proceeds from the private placement will be used for working capital purposes, including audit fees, transfer agent fees and continuing filing fees. The shares issued pursuant to the debt settlement and the private placement are subject to a hold period of four months from date of issue in accordance with the rules and policies of the TSX Venture Exchange and applicable Canadian securities laws expiring Feb. 17, 2026. The above transactions are subject to the receipt of applicable final regulatory approvals.