Pounce Technologies Inc. (NEX: POI.H) ('Pounce' or the 'Company') announced today that Swapan Kakumanu has resigned as Chief Financial Officer of the Company effective December 19, 2019 to pursue other business opportunities.

Ms. Erika Racicot who is currently the Chief Operating Officer and a Board member of the Company is appointed as interim Chief Financial Officer of the Company with immediate effect.

Mr. Cameron Chell, CEO, extends his thanks on behalf of the Board for Mr. Kakumanu's service to Pounce since June 2016 and wishes him the best of success in his future endeavors.

Contact:

Tel: (403) 992-7295

Disclaimer for Forward-Looking Information

This news release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Pounce, such as statements regarding the proposed shares for debt transaction and Exchange approval thereof. There are numerous risks and uncertainties that could cause actual results and Pounce's plans and objectives to differ materially from those expressed in the forwardlooking information, including: (i) adverse market conditions; (ii) the inability of Pounce to close the shares for debt transaction; or (iii) the Exchange not approving the shares for debt transaction. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Pounce does not intend to update these forward-looking statements.

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