Further to its news releases dated November 10, 2022, and November 23, 2022, Hydreight Technologies Inc. (formerly Perihelion Capital Ltd.) (the "Company") announced that it has closed its reverse-takeover transaction pursuant to a merger agreement dated effective July 12, 2022, as amended, between the Company, IV Hydreight Inc. ("Hydreight"), Victory Square Technologies Inc. ("VST"), 1362795 B.C. Ltd. ("AssetCo"), and 1203500 B.C. Ltd., a wholly-owned subsidiary of the Company (together, the "Parties"). Following the completion of the Transaction, the following individuals will comprise the directors and officers of the Company: Joshua Sorin - Chief Financial Officer.