37 Capital Makes an Investment in SpendRight, Inc

• 37 Capital Inc. announced an investment of US $100,000 for a 5% ownership stake in SpendRight, Inc., a US-based AI consumer platform.
• The company holds an option to acquire an additional 5% interest for US $200,000 within the next 12 months.
• 37 Capital secured a 30-day first right of refusal on any future financing by SpendRight for 12 months.
• CEO Jake Kalpakian stated the company continues its focus on mineral exploration but found the opportunity compelling.
• This follows a series of recent financings, including a March 2026 private placement raising up to $280,000 and previous tranches totaling over $400,000 in late 2025.
• Historical data shows frequent equity issuances with warrants and forced exercise clauses tied to share price targets of $0.35.

• The investment amount ($100,000) is immaterial relative to the company's capital raising history (hundreds of thousands raised recently).
• No material change to core valuation drivers; mineral exploration remains primary focus per management.
• Cash outflow for a speculative AI stake in a company with recurring working capital needs presents a minor negative sentiment risk.
• The financing rights and option provide potential upside but do not guarantee immediate revenue or cash flow improvement.
• Market reaction is likely muted given the small size of the transaction compared to market cap and recent dilution events.

• 37 Capital Inc. operates primarily in the mineral exploration sector with a focus on acquiring and developing mineral properties.
• Flagship property mentioned is the Extra High mineral property, with development plans for 2026 under evaluation by consultants.
• Recent strategic shift includes minority investments in technology platforms (SpendRight) to diversify revenue streams beyond mining.
• No specific royalty structures or production milestones disclosed in provided news; exploration stage status implied.