Scope Carbon Changes Name to Scope AI Corp.

Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") is pleased to announce that it has changed its name from "Scope Carbon Corp." to "Scope AI Corp." Scope's common shares will commence trading on the new name on the Canadian Securities Exchange effective open of markets on April 1, 2024. The stock symbol will remain "SCPE".

The CUSIP number assigned to the Company's shares following the name change will be 809144108. No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of under the old name will not be affected by the name change and will not need to be exchanged.

The Company's new website will be scopetech.ai

Director Changes

Scope also announces the resignation of Michael Zenko as Chief Operating Officer and as a director of the Company. Scope would like to thank Mr. Zenko for his services as an officer and a director of the Company since its inception.

Engagement of Think Ink

Scope is also pleased to announce that it has engaged Think Ink Marketing Data and Email Services ("Think Ink") to provide investor relations services to Scope in order to increase public awareness of Scope and its products. In consideration of the services, Scope has agreed to pay US $10,000 to Think Ink. The parties anticipate that the services will commence on April 6, 2024 and continue until October 6, 2024. Either party may terminate the agreement by providing 30 days written notice to the other party.

Think Ink provides public awareness services to various entities and is located at 3308 W. Warner Ave., Santa Ana, California. Claire Stevens of Think Ink will be involved in providing the investor relations services to Scope. Contact details are by phone at 310-760-2616 and email at claire@thinkinkmarketing.com.

About Scope AI Corp.

Scope is a technology company located in Vancouver, British Columbia and is focused on the commercial development of its AI-driven image software, which the Company intends to use for the identification and estimation of carbon-based lifeforms and carbon emissions, both key components in the identification of carbon credits.

The Company is currently focused on the commercial development of its technology (the "Scope Analysis Platform) through its research and development program, to expand its capabilities of the Scope Analysis Platform and provide a one-tool solution in carbon mapping.

Contact Information

James Liang, Chief Executive Officer
(604) 683 0911

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved.

Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. For more information on the risks, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the risk factors set out in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.

The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/203208