Tokenwell Platforms Announces Convertible Debenture Financing

Toronto, Ontario--(Newsfile Corp. - June 2, 2026) - Tokenwell Platforms Inc. (CSE: TWEL) (OTCQB: TWELF) (FSE: Y920) ("Tokenwell" or the "Company") is pleased to announce a non-brokered private placement (the "Offering"), of unsecured convertible debentures (the "Debentures"), for proceeds of up to $350,000.

The Debentures will bear interest at a rate of 8.00% per annum, calculated monthly and accrued, and are re-payable in cash on the date that is 12 months from the issue date (the "Maturity Date") or may, at any time on or before the Maturity Date, be converted into common shares of the Company (each, a "Share") at the option of the Debentureholder, based on a 5-day volume-weighted average price (VWAP) as of the conversion date, and subject to a minimum price of $0.05 (the "Conversion Price").

The Company intends to use the net proceeds from the Offering for general working capital purposes.

The Offering has been approved by the board of directors of the Company and is expected to close on or before June 30, 2026, or such other date as the Company may determine, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals.

In connection with the closing of the Offering, the Company may pay finders' fees to eligible parties who have assisted in introducing subscribers to the Offering. Completion of the Offering remains subject to regulatory approval. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

On Behalf of the Company

~Timothy Burgess~

Timothy J. Burgess

CEO and Director

About Tokenwell Platforms Inc. (CSE: TWEL) (OTCQB: TWELF) (FSE: Y920)

Tokenwell is a publicly listed cutting-edge cryptocurrency platform dedicated to making digital assets accessible, secure, and efficient for users worldwide. With a focus on innovation and user-centric design, Tokenwell empowers individuals and businesses to engage with the crypto economy confidently. For more information about Tokenwell, its upcoming launches, product benefits and features, Crypto users should visit www.tokenwell.io and download the Tokenwell app on iOS or Android. Potential investors are invited to visit www.tokenwell.com and everyone should follow us on LinkedIn, X & Telegram, and also subscribe to our News Alert opportunity for free and timely notifications from the Company.

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