Not for distribution to the United States

TORONTO, Ontario, November 6, 2024 – Zonetail Inc. (“Zonetail” or the “Company”)

(TSXV: ZONE, OTC Pinks: ZTLLF), is pleased to announce that it has closed its

previously announced private placement (see press releases dated July 19, 2024,

September 23, 2024 and September 29, 2024). The Company closed a total of

$175,000 of the Offering including $10,000 received subsequent to the first closing

announced September 29, 2024. No new insiders were created as a result of the

Closing.

The Company also announces that it intends to offer for sale, on a non-brokered private

placement basis, securities of the Company (the “Offering”) consisting of shares of the

Company at a price of $0.02 per share for aggregate gross proceeds of up to

$1,000,000 (“Maximum Proceeds”). The Offering is subject to the receipt of all

necessary approvals, including the approval of the Toronto Venture Exchange (the

“TSXV”), as well as the satisfaction of other customary closing conditions. Assuming

the Maximum Proceeds are raised, the Company will issue 50,000,000 Shares.

In connection with the Offering, the Company may pay finder’s fees equal to 6% of the

gross proceeds in cash and issue 6% non-transferable warrants (the “Finder Warrants”)

to various registered dealers or finder’s, representing up to 6% of the shares sold

through such registered dealers or finders in the Offering. Each Finder Warrant will

entitle the holder thereof to purchase one (1) Zonetail Share at a price of $0.05 per

share for a period of thirty-six (36) months from the closing date of the offering.

The proceeds derived from the sale of the shares will be for the completion of major

integration projects currently underway, further development projects, sales efforts, as

well as general working capital purposes. Assuming aggregate gross proceeds are

raised, approximately 30% will be used for Non-Arm’s length salaries, 5% for investor

relations, 30% for technology additions and 26% for arm’s length salaries.

A portion of the Offering may be allocated to investors relying on the “accredited

investor” or other exemptions available to Zonetail under National Instrument 45-106

– Prospectus Exemptions.Certain insiders of Zonetail may participate in the Offering; however, the total

participation by insiders is not expected to exceed 25% of the Offering.

All of the securities issuable in connection with the Offering will be subject to a hold

period expiring four months and one day after the date of issuance of the securities.

The securities offered have not been registered under the United States Securities Act

of 1933, as amended, and may not be offered or sold in the United States or to, or for

the account or benefit of, U.S. persons absent registration or an applicable exemption

from registration requirements. This release does not constitute an offer for sale of

securities in the United States.

It is anticipated that the first closing of the Offering will occur on or about November 30,

2024, with a final closing no later than December 20, 2025. Zonetail will update

shareholders when the Offering has been completed and TSXV final approval has been

received.

About Zonetail

Zonetail Inc. (TSXV: ZONE) (OTC Pinks: ZTLLF) is a mobile platform and market

network. Our Mission is to provide a state-of-the-art mobile platform that enables high-

rise residents to better manage their homes by connecting people to products,

amenities, and services. Our Vision is to build a critical mass of users in the hard-to-

reach, high rise residential vertical, through a unique mobile market network model –

providing vital information, products, and services at the tap of a screen. We are the

search engine to optimize your home.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes

President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current

expectations and views of future events. In some cases, these forward-looking

statements can be identified by words or phrases such as “may”, “will”, “expect”,

“anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”,

“continue”, “is/are likely to” or the negative of these terms, or other similar expressions

intended to identify forward-looking statements. Certain matters discussed in this

announcement contain statements, estimates and projections about the growth of

Zonetail’s business, potential distribution partnerships and/or clients, and related

business strategy. Such statements, estimates and projections may constitute forward-

looking statements within the meaning of the federal securities laws. Factors or eventsthat could cause our actual results to differ may emerge from time-to-time. Zonetail

undertakes no obligation to publicly update or revise any forward-looking statements,

whether as a result of new information, future events or otherwise. The recipient of this

information is cautioned not to place undue reliance on forward-looking statements.

Forward-looking statements are based on certain assumptions and analysis made by

Zonetail in light of its experience and perception of historical trends, current conditions

and expected future developments and other factors Zonetail believes are appropriate,

and are subject to risks and uncertainties. Although Zonetail believes that the

assumptions underlying these statements are reasonable, they may prove to be

incorrect. Given these risks, uncertainties and assumptions, prospective purchasers

should not place undue reliance on these forward-looking statements.