Parvis Enters into MOU with Axiom Advisors

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2023) - Parvis Invest Inc. (TSXV: PVIS) ("Parvis" or "the Company''), a technology-driven real estate company focused on supporting issuers and broadening access to institutional quality real estate investment opportunities, today announces a new partnership with Axiom Advisors Inc. ("Axiom").

Based in Vancouver, Axiom has established a proprietary practice dedicated to structuring Mutual Fund Trusts, advising clients on tax efficient structures towards enabling them to raise capital from investors with registered accounts and realize advanced tax efficiency. Axiom also provides investor administration services and project management support.

"Axiom's goal is to effectively provide top-tiered service to our clients, relying on expert partners to assist us in delivering the best advice and service possible in a wide variety of fields, including tax, financial reporting, fund-raising and securities compliance. Partnering with Parvis helps us to meet our goal efficiently and effectively," said Dwight Martin, Axiom's President.

"We are delighted to welcome Axiom as a new partner to Parvis," said David Michaud, Parvis' Chief Executive Officer."This is a step forward in fulfilling our mission to support issuers such as developers to efficiently process real estate investments as an end-to-end, regulated capital raising and processing platform. Our work together will grant us the opportunity to provide seamless digital, regulated EMDSolutions to clients of Axiom's tax and administrative services. We look forward to working closely with their team."

Parvis and Axiom both have well-established client networks, and the companies will be able to further expand them as they foster mutual client referrals as part of their partnership. Being leaders in their respective fields, their distinctive and synergistic service offerings will provide added value, benefiting developers through Parvis' EMDSolutions services and Axiom's expertise in fund structuring and servicing.

About Parvis

Parvis is a technology-driven investing platform. Focused on supporting capital raising efforts by issuers and broadening access to institutional quality investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by blockchain technology, Parvis makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering. Parvis Fintech Inc., a wholly owned subsidiary of Parvis, is registered as an Exempt Market Dealer in each of the Canadian Provinces. Parvis, headquartered in Vancouver, employs experts in Toronto, Vancouver, Kelowna, and Montreal. Additional information about Parvis is available at www.parvisinvest.com and on SEDAR at www.sedar.com.

About Axiom

Axiom provides consulting services to companies looking to realize tax efficiencies in their business, such as raising funds from registered accounts like RRSPs and TFSAs, and to ensure that the structure will maximize tax efficiencies for both the business and the investors. This often involves creating a special tax-efficient structure that is tailored to a specific industry and purpose. Axiom also provides back-office administration to its clients to manage the tax, financial and reporting requirements of its investors. Additional information about Axiom is available at www.axiomadvisors.ca.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements") within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer's business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer's prospective financial performance or financial position. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding: execution and integration of the Memorandum of Understanding; and the Company's business plans and role in the investment industry. To develop the forward-looking information in this news release, the Company made certain material assumptions, including but not limited to: prevailing market conditions; general business, economic, competitive, political and social uncertainties; and the ability of the Company to execute and achieve its business objectives. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Actual results may vary from the forward-looking information in this news release due to certain material risk factors. These risk factors include, but are not limited to: adverse market conditions; changes in general economic, business and political conditions; changes in applicable laws and regulations; compliance with extensive government regulation; reliance on key and qualified personnel; risks associated with the real estate, investment and technology industries in general. The foregoing list of material risk factors and assumptions is not exhaustive. The Company assumes no obligation to update or revise the forward-looking information in this news release, unless it is required to do so under Canadian securities legislation.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

For further information, please contact:

David Michaud, CEO, Parvis Invest Inc.
Email: david@parvisinvest.com
Tel: 1-844-487-4866

Dwight Martin, President, Axiom Advisors Inc.
Email: dwight@axiomadvisors.ca
Tel: 604-851-2662

For media inquiries, please contact:

Claudia Labelle, August Strategy Inc.
Email: claudia@auguststrategy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185178