FluroTech Ltd. Announces Transfer to NEX Exchange

Calgary, Alberta--(Newsfile Corp. - October 27, 2023) - FluroTech Ltd. (TSXV: TEST) (OTC Pink: FLURF) ("FluroTech" or the "Company") announces that effective October 30, 2023 the Company's listing on the TSX Venture Exchange (the "TSXV") will be transferred to the NEX Board of the TSXV (the "NEX"). The listing transfer is being made as a result of FluroTech not meeting the requirements of a Tier 2 company in accordance with TSXV Policy 2.5 - Continued Listing Requirements and Inter-Tier Movement.

The trading symbol for the Company will change from TEST to TEST.H. The Company name has not changed, there has been no change to its CUSIP number, and no consolidation of capital has occurred. The Company continues to review strategic opportunities that will qualify the Company to return to the TSXV.

For further information please contact:

Contact Information

FluroTech Ltd.
Danny Dalla-Longa, CEO
601, 256 Stewart Green SW
Calgary, AB T3H 3C8
Email: info@flurotech.com
Phone: (403) 680-0644

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to the transfer of the Company from the TSXV to the NEX. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder, court or regulatory approvals, including approval from the TSXV. 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 the forward-looking statements and information contained in this news release. Except as required by law, the Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

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

Not for distribution to United States newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

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