Metaguest.AI closes $224,000 tranche of loan facility

Mr. Antonio Comparelli reports METAGUEST.AI ANNOUNCES CLOSING OF ADDITIONAL $224,000 TRANCHE UNDER $1,000,000 SECURED LOAN FACILITY Metaguest.AI Inc. has closed an additional tranche of its secured loan facility of up to $1-million, first announced on May 9, 2025, and subsequently reaffirmed on June 23, 2025, and Aug. 1, 2025. The company has closed on $224,000 of gross proceeds in this second tranche. Together with the $193,000 initial tranche closed on May 14, 2025, total funds raised under the facility stand at $417,000. The facility bears interest at 12 per cent per annum with a 12-per-cent loan advance fee payable in Class A common shares at a deemed price of 10 cents per share. The loan advance fee for this tranche will be satisfied through the issuance of 268,800 Class A common shares. Each tranche has a 12-month term with an option for the company to extend for an additional six months. The loans are secured by a general security agreement over the company's assets and rank pari passu with the company's existing secured obligations. A trust, for which a director of the company is one of several trustees, participated in the tranche. The participation does not constitute a related-party transaction under applicable securities laws. The company has also commenced work toward closing its third tranche. Proceeds from the financing are being put toward working capital requirements. About Metaguest.AI Inc. Metaguest.AI is a next-generation technology company focused on enhancing the guest experience through advanced artificial intelligence solutions. Its flagship platform provides an end-to-end guest engagement ecosystem, covering everything from prearrival to postdeparture. Features include on-property e-commerce with digital payments, real-time service requests, mobile checkout, personalized in-room controls, local experience and event bookings, and a multilingual virtual concierge -- all accessible without downloading an app or visiting a website. Hotels, resorts and short-term rental operators use Metaguest to boost efficiency, drive incremental revenue and elevate customer satisfaction.