NEXTGEN DIGITAL CLOSES FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES –

Vancouver, B.C., Nov. 07, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) announces, further to its news release of October 6, 2025, that the Company has completed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement of units (the “Offering”). Pursuant to the First Tranche, the Company issued 2,065,000 units of the Company (the “Units”) at $0.40 per Unit for gross proceeds of $826,000.

Each Unit will consist of one common share in the capital of the Company (a “Share”) and one half of a transferrable common share purchase warrant (a “Warrant”).  Each whole Warrant will entitle the holder to purchase one additional Share at a price of $0.60 for a period of 24 months from the closing of the Offering.

The Warrants will be subject to an accelerated expiry provision such that if, for any ten (10) consecutive trading days (the "Premium Trading Days") during the unexpired term of the Warrants, the closing price of the Common Shares exceeds $0.90, the expiry date will be accelerated to 30 calendar days (the "Acceleration Clause"). The activation of the Acceleration Clause will be announced by press release and the 30-day period will commence seven days after the last Premium Trading Day.

In connection with the First Tranche, the Company paid finder’s fees to eligible finders consisting of $30,820 in cash and 57,050 common share purchase warrants (the “Finder’s Warrants”). Each Finder’s Warrant is exercisable to acquire one common share of the Company at an exercise price of $0.40 per share for a period of 24-months.

The Company anticipates closing one or more additional tranches of the Offering in the coming weeks.

All securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation.

The Company will use the net proceeds from the Offering for corporate development, marketing, and general working capital.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.