Montréal, September 16, 2024 – TheNewswire – ZeU Technologies, Inc. (CSE: ZEU) (OTC: ZEUCF) would like to announce that it intends to raise up to $250,000 in the form of a non-brokered private placement. The Offering will consist of units at a price of $0.02 per Unit.

Each Unit will be comprised of one common share in the capital of the Corporation (each a “Share”) and one Share purchase warrant (each a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one additional Share (each a “Warrant Share”) in the capital of the Corporation at a price of $0.03 for a period of 24 months following the issuance of the Units (the “Warrant Expiry Date”).

In the event that the trading price of the Shares on the Canadian Securities Exchange (the “CSE”) reaches

$0.10 per Share on any single day, the Corporation may, at its option, accelerate the Warrant Expiry Date by delivery of notice to the registered holders (an “Acceleration Notice”) thereof and issuing a press release (a “Warrant Acceleration Press Release”, and, in such case, the Warrant Expiry Date shall be deemed to be 5:00 p.m. (Montreal time) on the 30th day following the date of issuance of the Warrant Acceleration Press Release.

The Corporation might pay a finder’s fee on parts or all of the Private Placement offering. All securities to be issued in respect of the Private Placement will be subject to a hold period of four (4) months following the issuance of the securities. The Offering is subject to the approval of the CSE.

The proceeds of the offering will be used to bring the financial reporting up to date, cover the exchange, transfer agent and some legal advisor fees and pay amounts due to the Québec government. The remainder will be used to complete the financial engineering of a transaction that is currently being contemplated.

The maximum proceeds of the Private Placement offering are $250,000.

ON BEHALF OF THE BOARD OF DIRECTORS

“Ryan Gibson”

Ryan Gibson, President & CEO

The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.