Alphagen arranges $526,500 private placement

Mr. Eli Dusenbury reports ALPHAGEN INTELLIGENCE CORP. ANNOUNCES LIFE OFFERING FOR UP TO C$526,500 Alphagen Intelligence Corp. has arranged a non-brokered private placement financing, consisting of a minimum of 2,222,222 units of the company and a maximum of 3.9 million units of the company, at a price of 13.5 cents per unit, for gross minimum proceeds of up to $300,000 and gross maximum proceeds of $526,500. Each unit shall comprise one common share in the capital of the company and one share purchase warrant, with each warrant entitling the holder to purchase one share at a price of 18 cents for a period of 24 months from closing (as defined herein). The warrants are subject to a 60-day hold period. The offering is anticipated to close on or about Nov. 8, 2025, subject to the satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. The net proceeds of the offering are intended to be used for general administrative expenditures and general working capital purposes. The company intends to complete the offering pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, and the Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the securities issuable under the offering will be offered for sale to purchasers resident in all of the provinces of Canada (except Quebec) pursuant to the listed issuer financing exemption under Part 5A.2 of NI 45-106. Pursuant to the LIFE, the securities issued to subscribers will not be subject to resale restrictions in accordance with applicable Canadian securities laws. There is an offering document dated Sept. 25, 2025, related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. The offering document contains further details regarding the offering, including additional details regarding the expected use of proceeds therefrom. Prospective investors in the offering should read this offering document before making an investment decision. About Alphagen Intelligence Corp. Alphagen is a publicly traded company, holding a portfolio of technology-based assets related to gaming, entertainment, e-commerce and retail. Operational units include: Shape Immersive, a full-service metaverse studio that has built virtual retail experiences for Fortune 500 companies and beyond through 3-D, spatial computing and game production; and Mana, a software-as-a-service (SaaS) solution and innovation lab that empowers partner companies to level up their community engagement by launching their own gaming platforms. Alphagen clients and partners previously have included RTFKT, Olympics, Red Bull, Intel, TED and more. We seek Safe Harbor.