Wialan Technologies Inc (WLAN)

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FLASH NEWS
March 20, 2023

Wialan Technologies, Inc (OTCMKTS: “WLAN”) announces that it has obtained
firm commitments from 2 investors to provide first round “friends and family”
debt financing totaling $300,000 to support the Company’s working capital
requirements and help kickstart the Company’s expansion and initiatives rollout
In 2023. The investments will be paid to the Company in tranches as and when
needed.

“We have successfully concluded this initial round of financing to establish a
solid foundation of both corporate enhancement and business development to
now in turn move forward to create greater revenue and financial stability. We
intend to continue to negotiate and obtain additional financing on terms we
believe are favorable to the Company as the springboard for rapid and strategic
growth” said Tony McDowell, CEO. “We are grateful to these initial investors for
their belief in the new Wialan business model and their confidence in Wialan’s
new management to achieve success in the rollout of our Business Plan.”

For additional information please contact:
Tony McDowell, CEO.
[e-mail]

https://www.otcmarkets.com/otcapi/company/dns/news/document/65572/content

https://www.otcmarkets.com/stock/WLAN/news/Wialan-Technologies-has-Obtained-Investors-Funding-Commitments-Totalling-300000?id=393850