Novateqni Announces Completion of Shares for Debt with CEO

FOR IMMEDIATE RELEASE

December 18, 2017 – Calgary, Alberta – NovaTeqni Corporation (“NovaTeqni” or the "Company") (TSXV - NTQ: OTCQB - NVTQF) announces that it has completed its previously announced shares for debt transaction with Gerhard Mynhardt. Gerhard Mynhardt received 2,535,347 common shares of the Company in settlement of $380,302 of loans to the Company. Gerhard Mynhardt is the sole shareholder of NovaMeric (Pty) Ltd. which owns 13,424,051 approximately 41.6% of the issued and outstanding common shares. Upon completion of the debt settlement, Gerhard Mynhardt and NovaMeric (Pty) Ltd. now jointly own 15,959,398 common shares (approximately 45.9% of the issued and outstanding common shares).

For further information, please contact Gerhard Mynhardt, Chief Executive Officer of the Corporation, by email at [email protected].

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