New bank Financing

28 October 2021

Thetford Mines, Quebec – July 20, 2021 – KDA Group Inc. (TSXV: KDA) (“KDA” or the “Corporation”) is pleased to announce it has entered into a commitment letter (the “Commitment Letter”) with Private Debt Partners (“PDP”) regarding terms and conditions of a new term debt financing of up to CAD $7.0 million for a 2-year term (the “Debt Financing”) to replace National Bank of Canada’s debt financing.