NOT FOR DISSEMINATION TO U.S. NEWSWIRES OR DISCLOSURE IN THE UNITED STATES

POET Technologies Inc. ("POET" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Credit Facility Agreement") with respect to the previously announced secured credit facility (the "Bridge Loan") to be provided by Espresso Capital Ltd. The Bridge Loan will give the Company access of up to C$6.6 million (US$5.0 million). For a complete description of the terms of the Bridge Loan and Credit Facility Agreement, refer to the Company's press release of April 1, 2019. The Credit Facility Agreement will be available on SEDAR at www.sedar.com under the Company's profile.

The Company expects to draw the initial advance under the Bridge Loan of C$2.6 million (US$2.0 million) and issue the previously announced common share purchase warrants (the "Lender Warrants") to Espresso Capital on or about April 15, 2019. The Lender Warrants will entitle Espresso Capital to purchase 3,289,500 common shares at a price of C$0.35 per share for a period of 12 months following the date of issue.