Carbeeza Inc. Announces Private Placement Financing: A Step Towards U.S. Market Expansion and Enhanced Marketing

Carbeeza Inc. (TSXV:AUTO) (OTCQB: CRBAF), a Canadian-based software company, has announced a non-brokered private placement (the "Private Placement") of up to 30,000,000 units of the Company ("Units") at a price of $0.10 per Unit for gross proceeds of up to $3,000,000. The net proceeds from the Private Placement will be used by the Company to scale up the marketing campaign, to support the Company's move into the United States market and for general corporate purposes.

The Units will consist of one common share and one full common share purchase warrant ("Warrant") exercisable for a period of eighteen months from the closing date at a price of $0.20 per Warrant. The Private Placement will be conducted pursuant to available prospectus exemptions, including sales to accredited investors, family members, close friends and business associates of directors and officers of the Company, and to existing shareholders of the Company pursuant to the exemption set out in Alberta Securities Commission Rule 45-516 (Prospectus Exemptions for Retail Investors and Existing Security Holders) (the "Existing Shareholder Exemption"). The Company encourages existing shareholders who wish to participate in the Private Placement to contact the Company at the contact details below.

A finder's fee may be paid in connection with the Private Placement to finders as determined by mutual agreement between the Company and the finders and subject to TSX Venture Exchange ("TSXV") approval. The finders' fee shall consist of a cash fee of up to eight percent (8.0%) of the gross proceeds of the Private Placement raised by the finder and common share purchase warrants of the Company (the "Broker Warrants") equal to eight percent (8%) of the number of Units issued as a result of the finder under the Private Placement. Each Broker Warrant entitles the holder thereof to acquire one Common Shares of the Company at $0.20 per Broker Warrant expiring eighteen months from the closing date.

The Company concurrently announces that it has closed the first tranche of Units, closing on 700,000 Units for gross proceeds of $70,000. The remaining tranches of the Private Placement are expected to close in late August on such date(s) as may be determined by the directors of the Company. The closing of the Private Placement is subject to regulatory approval including but not limited to, the approval of the TSXV.

Carbeeza is a Canadian-based software company whose platform is targeted to the automotive marketplace. It is the first application to harness the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer. Carbeeza is highly beneficial to both consumers and auto dealers.

ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.
Sandro Torrieri, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.



The proposed private placement financing aligns with Carbeeza's long-term growth strategy and financial projections by providing the necessary capital to expand into the United States market and enhance its marketing efforts. By successfully executing this financing, Carbeeza will be well-positioned to capitalize on the growing demand for its innovative automotive financing platform and continue its trajectory of growth and success.