November 9, 2021

Stryker Ventures Corp. (the “Company”) is pleased to announce, as a follow-up to its news release dated November 2, 2021, that it has closed initial tranches of its non-brokered private placement to raise $15,262,000 through the issuance of an aggregate of 30,524,000 subscription receipts (the “Receipts”) at a price of $0.50 per Receipt.

Each Receipt entitles the holder to receive, for no additional consideration, one unit of the Company (a “Unit”) upon completion of the Company’s previously announced 20:1 share consolidation (the “Consolidation”), each unit consisting of one post-consolidated common share (a “Share”) and one-half of one Share purchase warrant (a “Warrant”), each whole Warrant exercisable at $1.00 for a period of 24 months from the date of issuance of the Receipts.

In connection with the private placement, the Company paid cash commissions of $100,200 and issued an aggregate of 315,600 finder’s subscription receipts (the “Finder’s Receipts”) to certain brokerage firms for introducing subscribers to the Company. Each Finder’s Receipt entitles the holder to receive on completion of the Consolidation one Share and one-half of one non-transferrable Share purchase warrant (a “Finder’s Warrant”), each whole Finder’s Warrant exercisable at a price of $1.00 for a period of 24 months following the date of issuance of the Finder’s Receipts.

The Receipts and Finder’s Receipts, together with all securities which may be issued on conversion, are subject to a hold period under applicable Canadian securities laws expiring four months and one day from the date of issuance of the Receipts or Finder’s Receipts.

The proceeds of the private placement will be used to finance the Company’s entry into the carbon credits and carbon offsets industry.