Two Hands Corporation Announces Conversion of Outstanding Debt

TORONTO, May 13, 2025 /CNW/ - Two Hands Corporation ("Two Hands" or the "Company") (CSE: TWOH.X) (OTC: TWOH) announces that effective May 2, 2025, it has converted an aggregate of US$850,972.01 of principal and accrued and unpaid interest into 170,194,403 shares of common stock of the Company ("Common Shares") at a deemed price of US$0.005 per Common Share, pursuant to the terms of a grid promissory note and credit facility agreement dated April 14, 2022, as amended on December 30, 2024 (the "Convertible Note"). The Convertible Note is described in the Company's listing statement dated August 3, 2022, which is available on SEDAR+ at www.sedarplus.ca.

The issuance of the Common Shares is subject to the acceptance of the CSE.

About Two Hands Corporation

Two Hands has been active in the Food Retail and Distribution Service Industry (SIC Code 7389) for several years, focusing on the Consumer Non-Cyclical sector. The Company is dedicated to providing quality products and services to meet the needs of its customers.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described under the heading "Risk Factors" in the Company's final long-form prospectus dated April 21, 2022, that is available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please visit www.twohands.ca.

SOURCE Two Hands Corporation

For further information, please contact:‎ Mr. Emil Assentato, CEO, Two Hands Corporation, Phone: [phone], Email: [email protected]