Biocure Technology : “CURE”) Announces Shares for Debt Transaction

News Release

November 14, 2022

FOR IMMEDIATE RELEASE

Biocure Technology Inc ("CURE") Announces Shares for Debt Transaction

VANCOUVER, British Columbia, November 14, 2022 -- Biocure Technology Inc. ("CURE" or the "Company") (CSE:CURE; OTCQB: BICTF) announces that it has entered into an agreement dated for reference November 10, 2022 with Sunfits Investments Ltd., to settle debt in the amount of $345,000 owed pursuant to a consulting agreement dated April 1, 2019 in exchange for the issuance of 2,300,000 common shares at a deemed price of 15 cents per share. All securities issued are subject to a statutory hold period expiring on November 15, 2023.

About Biocure

Biocure is a South Korean based Bio Pharmaceutical company specializing in the development and potential commercialization of biosimilar pharmaceutical products. Biocure is in the process of pre- clinical trials of five major biosimilar products in South Korea, including Interferon Beta 1b, PEG- Filgrastim and Ranibizumab as well as CAR-T Cell Therapy. Interferon Beta 1b is used for treating relapsing forms of multiple sclerosis ("MS") Filgrastim is used to treat neutropenia, a lack of certain white blood cells caused by bone marrow transplants, chemotherapy, and other conditions. Ranibizumab is used for treating macular degeneration. It is also used to treat a type of eye problem known as macular edema, as well as certain eye problems caused by diabetes. Biocure is also developing a foot and mouth disease vaccine, and a hair growth production product.

ON BEHALF OF THE BOARD OF DIRECTORS

/S/ "SANG MOK LEE" CEO and Director

For further information, please contact:

Biocure Technology Inc. Telephone: [phone], or [e-mail]

Certain statements in this news release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's proposed activities under the Agreement and the expectations of the Company regarding funding payments due pursuant to the Agreement. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Except as required pursuant to applicable securities laws, the Company will not update these forward- looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements. Neither the Canadian Securities Exchange (the "CSE") nor the Investment Industry Regulatory Organization of Canada) accepts responsibility for the adequacy or accuracy of this release.