New just outFor Immediate Release Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms EDMONTON, Alta., June 17, 2021 Wavefront Technology Solutions Inc. (Wavefront or the Company; TSX-V: WEE, OTCQB: WFTSF), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces that it will be seeking the approval of the TSX Venture Exchange (the Exchange) to the extension of the term of certain share purchase warrants (Warrants) originally issued on July 17, 2018. Wavefront will be seeking an extension from the current expiry date of July 17, 2021 to July 17, 2022 (subject to early expiry). 3,712,592 Warrants are exercisable for one common share of the Company at an exercise price of $0.20, while the 628,741 Warrants, with an original $0.45 exercise price. Consistent with the policies of the Exchange, the 3,712,592 Warrants with an exercise price of $0.20 include an accelerated expiry clause such that their exercise period will be reduced to 30 days if, for any ten consecutive trading days during their unexpired term, the closing trading price of the common shares of the Company exceeds $0.25 per share. The 628,741 Warrants with an exercise price of $0.45 include an accelerated expiry clause such that their exercise period will be reduced to 30 days if, for any ten consecutive trading days during their unexpired term, the closing trading price of the common shares of the Company exceeds $0.65 per share. The extension sought will, if approved, apply to all 4,341,333 Warrants issued on July 17, 2018 to investors.