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*SAIS Limited 
Listed Company 

SAIS LIMITED ("SAIS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 11, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced by a news release dated January 28, 2020:

Number of Shares: 19,607,843 ordinary shares

Purchase Price: $0.255 per ordinary share

Number of Placees: 1 Placee

Insider / Pro Group Participation:

Name Insider = Y /
Pro Group = P Number
of Shares
Mark Irwin Y 19,607,843

Finders' Fees: Nil

The Company has confirmed the closing of the above-mentioned Private Placement by way of a news release dated January 31, 2020.
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