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Mobio Extends Expiry Date of Share Purchase Warrants

Tickers: XTSX:MBO, PINX:MBIOF
Tags: #Finance, #Technology

Vancouver, B.C. - TheNewswire - August 28, 2019 - Mobio Technologies Inc. (TSXV:MBO) (OTC:MBIOF) ("Mobio" or the "Company") is pleased to confirm further to its initial news release dated August 23, 2019, the Company's application to extend the expiry date of August 24, 2019 of an aggregate of 4,068,750 common share purchase warrants (the "Warrants") by twelve (12) months was accepted by the TSX Venture Exchange.

The new expiry date of the Warrants has been extended to 4:00 p.m. (Pacific Time) on August 24, 2020; all other terms and conditions of the Warrants, including the exercise price, remain unchanged. A notice of extension of expiry date will be sent to all Warrant holders; however, the Warrant holders are advised that replacement Warrant certificates will not be issued and that the original Warrant certificates must be presented to the Company in order to effect the exercise or transfer of such Warrant.

About Mobio Technologies Inc.

Mobio is a publicly traded company on the TSX Venture Exchange, headquartered in Vancouver, BC, and runs Strutta.com Media Inc. Strutta is a social promotions platform that helps marketers bring potential customers from stranger to fan to customer, and Strutta's Promotions API provides a technology platform that facilitates social media competitions and campaigns for global brands. For more information visit www.mobio.net.

For additional information contact:

Laurie Baggio, CEO

Tel: 604-805-7498

ir@mobio.net

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Other than statements of historical fact, all statements included in this news release, including, without limitation, statements regarding future plans and objectives of Mobio are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those expected by Mobio are those risks described herein and from time to time, in the filings made by Mobio with Canadian securities regulators. Those filings can be found on the Internet at: http://www.sedar.com.

Neither the TSX Venture Exchange nor its Regulatory 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.

Copyright (c) 2019 TheNewswire - All rights reserved.

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