Artrari One closes $89,848 private placement

Mr. Reece Torode reports ARTRARI ONE CAPITAL CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING Artrari One Capital Corp. has closed its previously announced non-brokered private placement. Pursuant to the offering, 4,492,440 common shares at a price of two cents per share were issued for gross proceeds of $89,848.80. In addition, the company previously announced a proposed debt settlement to settle an aggregate of $10,232 of outstanding indebtedness through the issuance of common shares at a deemed price of two cents per share. The debt settlement has not yet closed, and the company will provide a further update in due course. Use of proceeds Approximately 90 per cent of the net proceeds from the offering will be used to pay outstanding invoices, including legal and audit fees, and the remaining balance will be used for general working capital purposes as the company continues to pursue a qualifying transaction under the rules of the TSX Venture Exchange. Minimum pricing exception The offering was completed in reliance on the TSX-V's minimum price exception, which allows for the issuance of shares below five cents per share in specific circumstances. The company confirms that no more than 10 per cent of the proceeds will be used to pay non-arm's-length parties, and none of the proceeds will be used for investor relations activities. Hold period and listing All securities issued under the offering are subject to a four-month-and-one-day statutory hold period in accordance with applicable Canadian securities laws. The offering remains subject to final acceptance by the TSX-V. About Artrari One Capital Corp. Artrari is a capital pool company, as defined in Policy 2.4 (Capital Pool Companies) of the TSX Venture Exchange corporate finance manual, which completed its initial public offering on Jan. 4, 2024. The common shares of Artrari are listed for trading on the TSX-V under the stock symbol AOCC.P. Artrari has not commenced commercial operations and has no assets other than cash. The officers of the corporation are Reece Torode, chief executive officer, Jeffrey Snowdon, chief financial officer, and Frank Sur, corporate secretary. Except as specifically contemplated in the TSX-V's CPC policy, until the completion of its qualifying transaction, the corporation will not carry on business, other than the identification and evaluation of companies, business or assets, with a view to completing a proposed qualifying transaction. We seek Safe Harbor.