PHILADELPHIA, PA – TheNewswire - January 23, 2024 — VSBLTY Groupe Technologies Corp. (the “Company” or “VSBLTY”) (OTC:VSBGF) (CSE:VSBY) (Frankfurt 5VS), announces that further to its news releases dated November 15, 2023, December 19, 2023 and December 22, 2023, it has closed the second tranche (the “Second Tranche”) of its previously announced private placement (the “Private Placement”)of units of the Company ("Units"), issuing 4,464,200 Units at a price of $0.13 per Unit for a total of approximately $580,346.

Each Unit issued in the Second Tranche is comprised of one common share in the capital of the Company (a "Share") and one Share purchase warrant (a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional Share (a "Warrant Share") at a price of $0.16 per Warrant Share for a period of 36 months from the date of issuance.

In connection with the closing of the Second Tranche, the Company paid finders fees of approximately $46,426, an advisory fee of $37,500 and issued an aggregate of 357,136 Share purchase warrants (the “Finders Warrants”) to eligible finders. Each Finders Warrant entitles the holder thereof to acquire one additional Share (a “Finders Warrant Share”) at a price of $0.16 per Finders Warrant Share for a period of 36 months from the date of issuance.

The Company will use the net proceeds from the Offering for general corporate purposes, including salaries, consulting fees, legal and accounting fees, and investor relations expenses.

All securities issued pursuant to the Second Tranche are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

In addition, the Company is pleased to announce that it has engaged Triomphe Holdings Ltd. dba Capital Analytica (“Capital Analytica”) to provide investor relations and communications services to the Company in exchange for cash compensation of $120,000.  The services will include continuing social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting, corporate video dissemination, and investor relations services. The term of the agreement with Capital Analytica is for a period of six months beginning February 1, 2024, and it is expected that the services will be provided by Jeff French, the President of Capital Analytica. Capital Analytica is a Nanaimo based company owned and operated by Jeff French who is arm's length to the Company.

On Behalf of the Board of VSBLTY Groupe Technologies Corp.

"Jay Hutton”

CEO & Director