Zonetail Inc. Announces New Non-Brokered Private Placement for up to $500,000

(TheNewswire)

TORONTO, Ontario – TheNewswire- May 20, 2026 - Zonetail Inc. (“Zonetail”or the “Company”) (TSXV: ZONE), is pleased to announce that itintends to offer for sale, on a non-brokered private placement basis,securities of the Company (the “Offering”) consisting of commonshares in the capital of the Company (“Zonetail Shares”) at aprice of $0.02 per Zonetail Share for aggregate gross proceeds of upto $500,000 (“Maximum Proceeds”). The Offering is subject to thereceipt of all necessary approvals, including the approval of the TSXVenture Exchange (the “TSXV”), as well asthe satisfaction of other customary closing conditions. Assuming theMaximum Proceeds are raised, the Company will issue 25,000,000 Shares.

In connection with the Offering, the Company may payfinder’s fees equal to 6% of the gross proceeds in cash and issue 6%non-transferable warrants (the “Finder Warrants”) to variousregistered dealers or finder’s, representing up to 6% of the sharessold through such registered dealers or finders in the Offering. EachFinder Warrant will entitle the holder thereof to purchase one (1)Zonetail Share at a price of $0.05 per Zonetail Share for a period ofthirty-six (36) months from the closing date of the offering.

The Company intends to use the proceeds from the saleof the Zonetail Shares for the completion of the Company’s rentreporting portal, further development projects, sales efforts, as wellas general working capital purposes.

All of the securities issuable in connection with theOffering will be subject to a hold period expiring four months and oneday after the date of issuance of the securities.

The securities offered have not been registered underthe United States Securities Act of 1933, as amended, and may not beoffered or sold in the United States or to, or for the account orbenefit of, U.S. persons absent registration or an applicableexemption from registration requirements. This release does notconstitute an offer for sale of securities in the UnitedStates.

The Company intends to close a first tranche of theOffering on or about May 31, 2026, with a final closing no later thanJuly 3, 2026.

About Zonetail

Zonetail Inc. (TSXV: ZONE) is a mobile platform andmarket network. Our Mission is to provide a state-of-the-art mobileplatform that enables high-rise residents to better manage their homesby connecting people to products, amenities, and services. Our Visionis to build a critical mass of users in the hard-to-reach, high riseresidential vertical, through a unique mobile market network model -providing vital information, products, and services at the tap of ascreen. We are the search engine to optimize your home.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes

President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

Neither the TSXV nor its Regulation Services Provider(as that term is defined in the policies of the TSXV) acceptsresponsibility for the adequacy or accuracy of this release.

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statementsthat relate to Zonetail’s current expectations and views of futureevents. In some cases, these forward-looking statements can beidentified by words or phrases such as “may”, “will”,“expect”, “anticipate”, “aim”, “estimate”,“intend”, “plan”, “seek”, “believe”, “potential”,“continue”, “is/are likely to” or the negative of these terms,or other similar expressions intended to identify forward-lookingstatements. Certain matters discussed in this announcement containstatements, estimates and projections about the Offering, the growthof Zonetail’s business, potential distribution partnerships and/orclients, and related business strategy. Such statements, estimates andprojections may constitute forward-looking statements within themeaning of the federal securities laws. Factors or events that couldcause our actual results to differ may emerge from time-to-time.Zonetail undertakes no obligation to publicly update or revise anyforward-looking statements, whether as a result of new information,future events or otherwise. The recipient of this information iscautioned not to place undue reliance on forward-looking statements.Forward-looking statements are based on certain assumptions andanalysis made by Zonetail in light of its experience and perception ofhistorical trends, current conditions and expected future developmentsand other factors Zonetail believes are appropriate, and are subjectto risks and uncertainties. Although Zonetail believes that theassumptions underlying these statements are reasonable, they may proveto be incorrect. Given these risks, uncertainties and assumptions,prospective purchasers should not place undue reliance on theseforward-looking statements.

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