Futr investor Paterson acquires 700,000 units

Mr. G. Scott Paterson, a shareholder, reports G SCOTT PATERSON ACQUIRES FUTR SHARES TRIGGERING EARLY WARNING G. Scott Paterson has acquired 700,000 units of The Futr Corp. at a price of 30 cents per unit as part of a private placement financing in which a total of 20 million units were issued by the company for gross proceeds of $6-million. Immediately prior to the acquisition of the purchased units, Mr. Paterson had beneficial ownership over 8,274,103 common shares of Futr, representing approximately 8.0 per cent of the outstanding common shares of Futr on an undiluted basis and 10.3 per cent on a partially diluted basis, assuming the exercise of 131,358 vested stock options and 2,497,826 warrants into common shares. Following the acquisition of the aggregate units, Mr. Paterson owns directly or exercises control or direction over 8,974,103 common shares of Futr, representing 7.3 per cent on a non-diluted basis and 9.5 per cent on a partially diluted basis, assuming the exercise of 131,358 vested stock options and 2,847,826 warrants into common shares. Mr. Paterson has acquired control and direction of these Futr shares for investment purposes. Depending on market conditions and other factors, Mr. Paterson may from time to time acquire and/or dispose of securities of Futr or continue to hold his current position. This news release is being issued as required by National Instrument 62-104 (Take-Over Bids and Issuer Bids) and relates to the company and to Mr. Paterson. A copy of Mr. Paterson's early warning report required to be filed by him in connection with his acquisition of control and direction over these shares of Futr will be available on SEDAR+.