POOL SAFE ANNOUNCES CLOSING OF DEBT CONVERSION, UPDATE ON DEBENTURE AND BONUS WARRANTS EXPIRY EXTENSION AND RSU GRANT

TORONTO, ON January 27, 2023 – Pool Safe Inc. (“Pool Safe” or the “Company”) (TSXV: POOL) announces that, further to its news release dated December 29, 2022 (the “Press Release”), the TSX Venture Exchange (the “Exchange”) approved the issuance of 750,000 common shares in the capital of the Company (the “Common Shares”) in exchange for $22,500 of certain existing debt owed to a director of the Company (the “Debt Conversion”). The Common Shares issued pursuant to the Debt Conversion are subject to a four month plus one day hold period….

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