BuzBuz Capital Corp. Completes Initial Public Offering

Toronto, Ontario--(Newsfile Corp. - May 24, 2019) - BuzBuz Capital Corp. (TSXV: BZBZ.P) (the "Company") is pleased to announce that it has completed an initial public offering (the "Offering") in British Columbia, Alberta and Ontario of 2,500,000 common shares ("Common Shares") in the capital of the Company at a price of $0.10 per Common Share for gross proceeds of $250,000. Following the closing of the Offering, a total of 9,500,000 Common Shares were issued and outstanding, of which, 7,000,000 are currently held in escrow pursuant to the policies of the TSX Venture Exchange (the "TSX-V").

The net proceeds of the Offering, together with the proceeds from prior sales of Common Shares will be used by the Company to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the capital pool company program of the TSX-V.

Canaccord Genuity Corp. (the "Agent") acted as agent for the Offering. In connection with the Offering, the Company granted to the Agent options to acquire up to an aggregate of 250,000 Common Shares at a price of $0.10 per share for a period of 24 months from the date the Common Shares are listed on the TSX-V. In connection with the Offering, the Agent also received a commission of $25,000, representing 10% of the aggregate gross proceeds of the Offering.

At the closing of the Offering, the Company also granted stock options (the "Options") to directors and officers of the Company to acquire up to an aggregate of 900,000 Common Shares. The Options may be exercised any time prior to May 24, 2024 at a price of $0.10 per share.

The current directors and officers of the Company are: Richard Buzbuzian, Chief Executive Officer, President and Director; Robert Suttie, Chief Financial Officer and Director; Anthony Di Benedetto, Secretary and Director; and Jason Monaco, Treasurer and Director.

The Common Shares will commence trading on the TSX-V under the stock symbol "BZBZ.P" starting May 28, 2019.

For further information please see the prospectus of the Company dated April 30, 2019 filed on SEDAR or contact:

Richard Buzbuzian, Chief Executive Officer, President & Director at (647) 501-3290 or [email protected].

The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available. 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 or accuracy of this release.

Forward-looking Statements

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

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