(via TheNewswire)

Vancouver, British Columbia – TheNewswire - December 17, 2025 – VIP Entertainment Technologies Inc. (TSXV: VIP, OTC: VETIF) (“VIP” or the “Company”) is pleased to announce two key developments regarding its digital content platform, “Alchemist Republic.”

Global Publishing Agreement

VIP has secured global operating and service rights for “Alchemist Republic.” The Company hold global rights for platform operations, publishing, and service management, while overseeing content sourcing in partnership with Korean game development studios and across the broader Asian market. Under the commercial terms of the arrangement, the Company will be entitled to receive 80% of revenues generated through the platform, with the remaining 20% allocated to the related party platform provider, reflecting its role in platform contribution and support. This partnership represents a significant step in VIP’s platform expansion strategy and its Web3-based global game distribution framework.

This agreement involves a related party transaction, conducted in compliance with applicable regulatory requirements.

Platform Renewal Initiative

The Company also announces that it has commenced a comprehensive platform renewal of “Alchemist Republic,” targeting a Grand Opening in the second half of 2026. The renewal initiative is expected to include enhancements such as a new UI/UX framework, integration of Web3 wallet functionality, and improvements to the platform’s cross-platform service architecture. VIP will lead launch operations and service management across North America and other global markets.

The Company views this platform renewal as a key phase in its strategy to expand into a Web3-enabled global entertainment platform.

The completion of the transactions remains subject to acceptance by the TSX Venture Exchange.

About Alchemist Republic

“Alchemist Republic” is a blockchain-enabled digital content platform designed to support the tokenization and management of in-game assets and characters through NFT-based infrastructure.

The platform provides game developers with a streamlined framework to integrate blockchain services into existing games without disrupting core gameplay mechanics or in-game economic systems.

By abstracting technical complexity, Alchemist Republic enables developers to extend the lifecycle and monetization potential of their content while maintaining creative and operational control.

Key features include:

• Digital Asset Enablement Provides tools to transform in-game items and characters into blockchain-based digital assets (NFTs), allowing developers to establish verifiable ownership, provenance, and interoperability across platforms. 

• Tokenization & Asset Issuance Framework Enables the structured issuance and management of tokenized digital assets derived from gameplay and platform activity, supporting diversified value creation and engagement models. 

• Seamless Game Data Integration Connects blockchain services to existing game environments without requiring modifications to established in-game economic structures or balance systems. 

Alchemist Republic is positioned as an infrastructure-level platform that lowers the entry barrier for blockchain adoption in gaming, particularly for small and mid-sized studios, while contributing to the sustainable expansion of the global digital content ecosystem.

Forward-Looking Statements

This news release contains forward-looking statements, including statements regarding the platform renewal timeline, targeted launch schedule, and anticipated business outcomes. Actual results may differ materially due to technological, regulatory, market, and other risk factors.

About VIP Entertainment Technologies Inc.

VIP Entertainment Technologies Inc. is currently undergoing a restructuring process under new management. The Company is focused on stabilizing its financial position, restructuring outstanding debt, and pursuing opportunities to enhance shareholder value.

VIP Entertainment Technologies Inc. is focused on developing and expanding its global digital content platforms, enhancing service offerings, and creating shareholder value through strategic partnerships and platform innovation.

For further information please contact:

Brian Shin,

Chief Financial Officer

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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