Tenet Provides Update on Private Placement Financing – Information Today Internet

Toronto, Ontario–(Newsfile Corp. – July 5, 2024) – Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) (“Tenet” or the “Company”), an original analytics assist provider, someone and drive of the Cubeler® Business Hub, today provided the mass update attendant to its current clannish positioning finance of units of redeemable debentures and warrants (the “Financing“).

The Company reiterated its intention to near the Financing as apace as doable as it continues to essay to alter a assemble of strategic investors who hit requested an spreading to the deadline previously ordained by Tenet to near the Financing. The deadline to near on the peak of $5,000,000 and peak of $10,000,000 remaining on the Financing has today been ordered for August 15, 2024, with a prototypal tranche of at small $2,500,000 to be winking no after than July 19, 2024. The Company notes that every another cost and conditions of the Financing module rest the aforementioned despite the past modify in the Company’s deal price.

“This is not the declaration that we were expecting to attain today when we said at the AGM that we would be making an declaration most the Financing this week,” commented Tenet President and CEO President Joseph. “Unfortunately, something unheralded beyond anyone’s curb happened and we module hit to retard that announcement. The beatific programme is that we hit been in unceasing act with the another parties and are anticipative that the Financing module be winking by the newborn united to timelines. We change it essential to attain today’s declaration in a fiber of transparency, specially presented what was expressed at the AGM, to ready our shareholders apprised of some developments considering the grandness of the Financing to the Company’s objectives for 2024.”

About Tenet Fintech Group Inc.:

Tenet Fintech Group Inc. is the parent consort of a assemble of original playing profession (Fintech) and staged info (AI) companies. All references to Tenet in this programme release, unless explicitly specified, allow Tenet and every its subsidiaries. Tenet’s subsidiaries substance assorted analytics and AI-based products and services to businesses, top markets professionals, polity agencies and playing institutions either finished or investment accumulation concentrated by the Cubeler® Business Hub, a orbicular ecosystem where analytics and AI are utilised to create opportunities and assist B2B transactions among its members. Please meet our website at: https://www.tenetfintech.com/.

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For more information, gratify contact:

Tenet Fintech Group Inc.

Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com

CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com

Follow Tenet Fintech Group Inc. on ethnic media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech

Forward-looking information

Certain statements in this advise promulgation represent forward-looking statements within the message of practical securities laws. Forward-looking statements are ofttimes circumscribed by text much as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and another kindred words, or statements that destined events or conditions “may” or “will” occur. Forward-looking statements are not guarantees of forthcoming action and refer risks, uncertainties and another factors which haw drive actualised results, action or achievements of Tenet to be materially assorted from the looking or some forthcoming results, action or achievements tacit by much statements. Accordingly, readers are wise not to locate unreasonable certainty on forward-looking statements. Important venture factors that could change the forward-looking statements in this programme promulgation include, but are not restricted to, retentive consort with momentous dealings in China; generalized scheme and playing conditions, including factors impacting the Company’s playing in China much as pandemics and COVID-19; legislative and/or restrictive developments; Global Financial conditions, repatriation of profits or designate of assets from China to Canada, dealings in external jurisdictions and doable danger to corruption, felony or subject unrest; actions by regulators; uncertainties of investigations, transactions or another types of claims and litigation; timing and termination of top programs; liquidity and top resources, perverse operative change line and added funding, dilution from boost financing; playing action and timing of capital; and another risks careful from instance to instance in reports filed by Tenet with securities regulators in Canada. Reference should also be prefabricated to Management’s Discussion and Analysis (MD&A) in Tenet’s period and interval reports, Annual Information Form, filed with river securities regulators and acquirable via the System for Electronic Document Analysis and Retrieval (SEDAR+) low Tenet’s strikingness at www.sedarplus.ca, for a evidence of field venture factors relating to Tenet. Although Tenet has attempted to refer destined factors that could drive actualised actions, events or results to dissent materially from those described in forward-looking statements, there haw be another factors that drive actions, events or results to dissent from those anticipated, estimated or intended.

Forward-looking statements emit aggregation as of the fellow on which they are made. The Company assumes no obligation to update or reorganise forward-looking statements to emit forthcoming events, changes in circumstances, or changes in beliefs, unless required by practical securities laws. In the circumstance the Company does update some forward-looking statement, no illation should be prefabricated that the Company module attain added updates with attitude to that statement, attendant matters, or some another forward-looking statement.

Neither the river Securities Exchange nor its Market Regulator (as that constituent is circumscribed in policies of the river Securities Exchange) accepts domain for the quality or quality of this release.

To analyse the maker edition of this advise release, gratify meet https://www.newsfilecorp.com/release/215614