Ynvisible Announces Closing of First Tranche of Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (the "Company" or "Ynvisible") announces that further to its news release of April 24, 2026, the Company has closed the first tranche ("First Tranche") of its follow-up non-brokered private placement (the "Private Placement") of up to 15,000,000 units ("Units").

In the First Tranche, the Company issued 3,330,000 Units at a price of $0.10 per Unit for total gross proceeds of $333,000. Each Unit consists of one common share and one transferable common share purchase warrant (a "Warrant"), whereby each Warrant is exercisable into one additional common share at a price of $0.14 per common share until May 13, 2029, being the date that is three years from the date of issuance.

Insiders of the Company participated in the First Tranche acquiring an aggregate of 1,180,000 Units for proceeds to the Company of $118,000. Ramin Heydarpour, Chief Executive Officer and Chairman of the Board of the Company, purchased 500,000 Units for $50,000; Alex Langer, Director of the Company, purchased 500,000 Units for $50,000 through a corporation he controls and directs; and Kamran Kian, Director of the Company, purchased 180,000 for $18,000. Including insider participation in the Company's private placement closed on April 24, 2026, insiders have collectively subscribed for an aggregate of 2,030,000 Units for total proceeds of $203,000 across both financings.

The participation by insiders of the Company in the First Tranche constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the Units purchased by the insiders, nor the consideration for the Units paid by such insiders, exceeded 25% of the Company's market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the First Tranche, which the Company deems reasonable in the circumstances in order to complete the First Tranche in an expeditious manner.

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