Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or the "Company") announces that an investor webinar will be held on November 7th, 2023 at 3pm EST / 12pm PST / 10pm CEST to provide business updates and answer questions.

Webinar:

November 7th, 20233pm EST / 12pm PST / 10pm CEST

Registration required using this link: https://banxa.zoom.us/webinar/register/WN_t0pgaK04TxSHXTR77qk2UA

Shareholders are encouraged to attend the webinar for an update on business operations and the journey ahead for the Company. There will be a question and answer (Q&A) segment at the conclusion of the presentation.

CONTACTS

Investors:Zafer Qureshiinvestors@banxa.com

Media:WachsmanEthan Lylebanxa@wachsman.com

ON BEHALF OF THE BOARD OF DIRECTORSPer: "Zafer Qureshi”Zafer Qureshi = Director and Head, Corporate Affairs, +1 416-347-4192

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This press release contains statements including “forward-looking information” (“Forward-looking statements”). Forward-looking statements in this news release include statements regarding the date of the Meeting. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company will hold the Meeting on the expected date. However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertainties and risks may include, among others that the Company will hold the Meeting on the expected date. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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