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TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), today reported financial and operating results for the second quarter ended June 30, 2020.

• Board of Directors Name CFO David Charron as Interim CEO and Initiates Search for New CEO to Lead Company’s Next Phase of Growth
• Industry Veteran Ken Campbell Appointed to the Board of Directors

TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), announces that the nominees listed in the management information circular for the Company’s 2020 Annual and Special Meeting of Shareholders (the “Meeting”) were each elected as directors of TeraGo.

TeraGo Inc. today announced that 5G technical trials in the GTA have commenced at TeraGo’s Thornhill head office location, utilizing 5G fixed wireless network equipment from Nokia Inc. (“Nokia”). Initial testing will be in the 38 GHz frequency band using Innovation, Science and Economic Development (“ISED”) approved and issued developmental licences. TeraGo will also be utilizing Customer Premise Equipment (“CPE”) from Askey Computer Corp. (“Askey”) in support of these initial trials, which are expected to be carried out over the next several weeks. Due to the impact of the recent COVID-19 event, customer trials are planned to begin in the second half of 2020.