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FluroTech” or the “ Company“), a leading developer of spectroscopy-based technology, is pleased to announce it has received conditional approval from the TSX Venture Exchange (the “ Exchange“) to commence an Early Warrant Exercise Incentive Program (“ EWEIP“) intended to encourage the early exercise of up to 18,550,000 Warrants (as defined and described below). In January of 2021, FluroTech closed, in two tranches, a non-brokered private placement of units (“ Units“), for aggregate gross proceeds of $2,531,000. Each Unit comprised one common share in the capital of FluroTech (“ Common Share“) and one Common Share purchase warrant (“ Warrant“). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.22 per share for a period of 12 months from the date such Warrant was issued; provided that, if the closing price of the Common Shares (or the closing bid, if no sales were reported on a trading day) as quoted on the Exchange o

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