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Novateqni to Change Name to Trench Solutions

Listings & Exchange Corporate Actions

NOVATEQNI TECHNOLOGY CORPORATION

Suite 510, 580 Hornby Street Vancouver, British Columbia V6C 3B6

NEWS RELEASE

NOVATEQNI TO CHANGE NAME TO TRENCH SOLUTIONS

December 6, 2019 – Vancouver, British Columbia – NovaTeqni Technology Corporation (TSXV: NTQ) (the “Company”) announces that it will change its name to “Trench Solutions Inc.”

Effective at the opening of markets on or about Thursday, December 12, 2019, the common shares of the Company will commence trading on the TSX Venture Exchange under the new name and the ticker symbol “TSI”. Holders of common share and warrant certificates in the Company’s prior name do not need to take any action as a result of the name change.

For inquiries regarding the Company, contact Simon Cheng at [email protected].

On behalf of the Board,

NOVATEQNI TECHNOLOGY CORPORATION

Simon Cheng, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.