14 January 2025

Vancouver, British Columbia, January 13, 2025 /PRNewswire/ – General AI Solutions Company (“GenAI” or the “Company”) (CSE: AICO) (OTCQB: AICOF) announces that it proposes to amend the terms of 9,595,531 warrants to purchase common shares (“orders“) issued by the Company in connection with the private placement financing that was closed on June 6, 2023. The warrants were issued at an exercise price per share 1.65 Canadian dollars It is scheduled to expire on June 6, 2025. The proposed amendments will include the following (“Proposed amendments“): (a) Reduce the exercise price to 0.17 Canadian dollars per share issuable upon exercise of each warrant; and (b) extend the expiration date to June 6, 2028.

The proposed amendments are subject to approval by the Canadian Securities Exchange (“Private search engine“). Subject to CSE approval, the proposed modifications will automatically become effective as of the new expiration date and time of the Warrants. Prior to the original expiration date and time of the Warrants, the Warrants will remain in effect, without modification, according to their original terms and conditions. None of the Warrants are deemed to be proprietary. Beneficial, directly or indirectly, by parties related to GenAI None of the orders are included in the proposed CSE The amendments do not apply to any orders issued to researchers or agents as compensation.

Holders of Warranties may contact the Company at info@genai-solutions.com if they have any questions or wish to exercise their Warranties. Subject to the amendments coming into force, the original certificate representing the guarantees, together with a duly completed exercise form, will be accepted in addition to payment to General AI Solutions CompanyAccording to the instructions contained in the certificate representing the guarantees.

On behalf of the Council,

Patrick GrayCEO, Director and Chairman of the Board of Directors

General AI Solutions Company
Free north america: +1-833-879-7632
Outside North America: +1-406-879-7632
info@genai-solutions.com
www.genai-solutions.com

on General AI Solutions Company

GenAI is a leading AI company focused on developing vertically integrated AI solutions businesses through its MAI Cloud™ platform, while developing and marketing AI-powered tools and solutions for businesses and consumers across multiple industries. At GenAI, our mission is to harness the power of AI to create transformative products and services that benefit businesses and consumers across industries. Our team of talented AI specialists and engineers are committed to developing cutting-edge AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. Leveraging the MAI Cloud™ platform and our expertise in machine learning, natural language processing, and data analytics, we build versatile, high-performance tools that redefine efficiency, productivity, and user experience.

For more information about GenAI, please visit www.genai-solutions.com.

Forward-looking information and statements

This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as “plans,” “expects,” “does not expect,” “expects,” “budgeted,” “planned,” “estimates,” “predicts,” or “ “intends,” “expects,” “does not expect,” “believes,” or variations of these words and phrases, or may contain statements that some action, event or result “may,” “could,” “will,” or “May”, “will be taken”, “will continue”, “will happen” or “will be achieved”.

The forward-looking information contained in this press release is based on certain assumptions and expected future events, namely: the Company's ability to continue as a going concern; the Company's ability to continue developing revenue-generating applications; Ongoing approval of the Company's activities by relevant governmental and/or regulatory authorities; And the continued growth of the company. The Company's ability to continue to meet the requirements for listing on a stock exchange.

These statements involve known and unknown risks, uncertainties and other factors, which could cause actual results, performance or achievements to differ materially from those expressed or implied in such statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Although such information is considered reasonable by management at the time of preparation, it may prove incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates, opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

The Canadian Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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