NYWKF - 2729252 Ontario Inc. Acquires Shares of NTG Clarity Networks Inc.

(TheNewswire)

Toronto, Ontario - TheNewswire - August 11, 2021 –2729252 Ontario Inc. (the “Acquiror”) announces that it hasacquired 15,000,000 common shares of NTG Clarity Networks Inc.(“NTG”) by way of a shares for debt private placement at a priceof $0.05 per share, for an aggregate purchase price of $750,000, whichwas satisfied by the settlement and release of indebtedness of NTG tothe Acquiror in an amount equal to the subscription price (the“Private Placement”). The Acquiror is controlled by AshrafZaghloul, CEO of NTG, and Kristine Lewis, President of NTG.

Prior to completion of the Private Placement, theAcquiror did not own any common shares of NTG. After giving effect tothe Private Placement, the Acquiror owns 15,000,000 common shares,which represents 10.42% of the outstanding common shares.

The common shares were acquired for investmentpurposes. In the future, the Acquiror may, subject to applicable law,acquire or dispose of securities of NTG depending upon a number offactors, including but not limited to general market and economicconditions and other available investment opportunities.

For further information or to obtain a copy of theearly warning report, please contact Kristine Lewis at 905-305-1325 orklewis@ntgclarity.com.

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