Lightspeed Discoveries arranges $300,000 financing

Mr. Ken Ralfs reports LIGHTSPEED DISCOVERIES ARRANGES FINANCING Lightspeed Discoveries Inc. has not proceeded with the revised the terms of its proposed financing previously announced on July 3, 2025. In addition, the company intends to complete a private placement of up to 20 million shares at 1.5 cents per share for gross proceeds of $300,000. The private placement will be subject to NEX policies and TSX Venture Exchange approval. A finder's fee may be payable in connection with the private placement, subject to exchange policies. All securities issued in connection with the private placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada. The private placement is subject to all necessary corporate and regulatory approvals, including approval of the TSX-V pursuant to TSX-V Policy 4.1, Private Placements. The use of proceeds will be dedicated to general working capital, with no specific use of proceeds representing 10 per cent or more of the gross proceeds, nor will proceeds be used for investor relations activities or payments to non-arm's-length parties of the issuer. In connection with the private placement, the company may pay finders' fees or commissions to eligible finders in accordance with the policies of the TSX-V, consisting of cash and/or non-transferable warrants, as applicable, subject to the approval of the TSX-V. We seek Safe Harbor.