Americas Real Deal - July 22, 2024

Vancouver, British Columbia–(Newsfile Corp. – July 30, 2024) – Moovly Media Inc. (TSXV: MVY) (OTC Pink: MVVYF) (FSE: 0PV2) (“Moovly” or the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement“) to raise aggregate gross proceeds of up to $400,000 through the issuance of up to 20,000,000 units (each, a “Unit”) at a price of $0.02 per Unit. Each Unit will be comprised of one common share in the capital of the Company (a “Common Share“) and one common share purchase warrant (a “Warrant“). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.05 per share for a period of 24 months from the date of issuance. The net proceeds from the Private Placement are expected to be used for general corporate purposes. 

All of the securities issued under the Private Placement will be subject to a four-month resale restriction from the date of issuance. The completion of the Private Placement remains subject to approval of the TSX Venture Exchange.