BLUERUSH ANNOUNCES PRIVATE PLACEMENT OF UP TO US$5 MILLION OF CONVERTIBLE DEBENTURE UNITS

/‎NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR ‎DISSEMINATION ‎IN THE UNITED STATES/

TORONTO, June 6, 2022 /CNW/ - BlueRush Inc. ("BlueRush" or ‎‎the "Company") (TSXV:BTV.VN) (OTC-BB:BTVRF), an emerging personalized video creation Software as a Service company, is pleased to announce that it intends to complete a proposed non-brokered private placement (the "Offering") ‎up to 5,000 convertible debenture units (the "Convertible Debenture Units") at a price ‎of US$1,000 per Convertible Debenture Unit, for aggregate gross proceeds of up to ‎‎US$5,000,000. Each Convertible Debenture Unit will consist of US$1,000 principal amount of ‎‎a 10.0% unsecured convertible debenture (the "Convertible Debentures") and 12,500 common share purchase warrants (the "Warrants") of the Company.