Exro Technologies Inc (EXROF)

[Gator532]

EXRO COMPLETES $189,000 PRIVATE PLACEMENT
For Immediate Release November 6, 2019

EXRO COMPLETES $189,000 PRIVATE PLACEMENT

VANCOUVER, B.C. – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (the “Company”) is pleased to announce that it has completed a non-brokered private placement financing of 700,000 common shares at $0.27 per share for proceeds of $189,000 (the “Offering”). The Shares are subject to a four month hold period from the date of issuance, pursuant to relevant prospectus or registration exemptions in accordance with applicable laws. No finder’s fees were paid by the Company. The proceeds raised from the sale of this Offering will be applied towards working capital and general corporate purposes.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.