Astron Connect Inc. Closes Non-Brokered Private Placement

VANCOUVER, British Columbia — Astron Connect Inc. (“Astron” or the “Company”) (TSX-V:AST) is pleased to announce that the Company has closed a non-brokered private placement (the “Private Placement”), previously announced on December 11, 2019. The Company will issue 30,000,000 units (each a “Unit”) at a price of $0.05 per Unit for gross proceeds of $1,500,000. Each Unit will consist of one Astron common share (the “Shares”) and one common share purchase warrant (the “Warrants”). Each Warrant will be exercisable to acquire one Share at a price of $0.05 each for a period of one year following the closing date of the Private Placement.

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Astron Connect Inc. Retains Communications Agency

VANCOUVER, British Columbia — Astron Connect Inc. (the “Company” or “Astron”) (TSX-V:AST) today announced that it has retained Kaiser Lachance Communications to provide public relations counsel and communications support and advice. Founded in 2011, Kaiser Lachance, with offices in Toronto and Montreal, provides strategic and integrated communications services with an emphasis on corporate, marketing and financial communications.

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