ICEsoft Technologies Canada Corp. Announces Private Placement

A VA Angels Diversified Fund 1 Portfolio Company

CALGARY, ALBERTA, September 16, 2019 – ICEsoft Technologies Canada Corp. (the “Company” or “ICEsoft”) is pleased to announce it has closed a non-brokered private placement of 383,000 units (the “Units”) at a price of CAD $0.15 per Unit, which raised aggregate proceeds of CAD $57,450, CAD $37,500 of which was from Insiders. Each Unit consists of (i) one Common share in the capital of the Company, and (ii) one purchase warrant exercisable at a price of CAD $0.20 per share. The funds will be used for general working capital.

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