Frankly Inc. (TSX-V: TLK) (OTCQX: FRNKF) ('Frankly' or the 'Company'), a multi platform engagement, monetization and data company, provides the following update in connection with its upcoming special meeting of shareholders to consider and approve, among other things, a plan of arrangement in respect of its previously announced transaction with Torque Esports Corp. and WinView, Inc. scheduled to be held on April 23, 2020 (and any postponement or adjournment thereof) (the 'Meeting').

Cautionary Statement on Forward-Looking Information

This news release includes forward-looking information regarding Frankly, including statements with respect to the Meeting, and the business combination between Frankly, Torque Esports Corp. and WinView, Inc. and the related plan of arrangement proposed to be considered thereat. Forward-looking information depends on certain assumptions that management deems to be reasonable in the circumstances, but such assumptions may prove to be incorrect and the actual outcome of any forward looking information cannot be guaranteed. In making the forward-looking information contained in this news release, management has made assumptions which they believe to be reasonable in the circumstances regarding the ability to conduct the Meeting by telephonic and video conference, the capabilities of the ZOOM technological platform, and the ability of the parties to fulfill contractual obligations in respect of the aforementioned business combination. However, such forward looking information may not occur as contemplated or at all, and actual results could differ materially from those contemplated or expected as a result of known and unknown risk factors and uncertainties. Such risks include, but are not limited to, risks that the Meeting may be postponed or adjourned, risks relating to the impact of the restrictions and closures arising from the ongoing COVID-19 global pandemic and other general uncertainties resulting therefrom, risks relating to the parties' ability to fulfill contractual obligations and closing conditions relating to the aforementioned business combination, and risks relating to the prevailing volatile and adverse general market conditions, among other risks and uncertainties. Accordingly, readers should not place undue reliance on forward looking information contained in this news release. Except as required by applicable securities laws, forward-looking information speaks only as of the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contact:

Tel: 949-574-3860

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