GOAT Announces Corporate Rebrand

2022-09-24 04:43:53 By : Ms. xuemei Li

GOAT Industries Ltd. (the " Company " or " GOAT ") (CSE: GOAT), is pleased to report that in conjunction with its name change to GOAT Industries Ltd., the Company has launched its rebranded corporate website and investor presentation which can be viewed at: https:www.goatindustries.co .

GOAT's Management encourages all shareholders to visit the website and explore its redesign initiatives.

GOAT Industries is an investment issuer focused on investing in high-potential companies operating across a variety of sectors. The paramount goal of the Company will be to generate maximum returns from its investments.

The Company's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company's prospectus dated February 15, 2022), certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

GOAT Industries Ltd. Investor Relations Email: alex@goatindustries.co Phone: 604-687-2038

News Provided by GlobeNewswire via QuoteMedia

According to the Government of Canada, the blue economy is driven by sustainable ocean resources and accounts for approximately C$30 billion per year. A significant factor in the blue economy is the preservation of aquatic life –– specifically, seafood. As a result, seafood alternatives are projected to reach a market size of US$1.6 billion in the next decade at a compound annual growth rate (CAGR) of 28 percent. With this in mind, companies with models that support blue economies, and offer seafood protein alternatives, will likely be of significant interest to investors seeking upside potential.

The company differentiates itself from a traditional investor as a partner that provides strategic assistance, network connections, and support to its portfolio companies. This partnership-driven relationship facilitates scale and faster growth for its portfolio companies, expanding their market opportunities and increasing their product lines. All of Billy Goat Brand’s portfolio companies have been more than satisfied with the assistance that Billy Goat Brands has provided to them.

Billy Goat Brands’ current portfolio consists of Sophie’s Kitchen, KOLD, The Vegetarian Butcher, and Evanesce Packaging. Sophie’s Kitchen, the company’s largest asset, focuses on delivering delicious and nutritious plant-based seafood alternatives that support a blue economy. As of May 5, 2022, Billy Goat Brands increased its investment in Sophie’s Kitchen, now owning 35 percent of the company. CEO Tony Harris credits this to the progress the company made over the past year and its ongoing commitment to innovative food products.

KOLD produces enhanced cold brew coffee that is made from high-quality coffee and functional mushrooms. The Vegetarian Butcher offers gluten-free and GMO-free plant-based deli meat alternative food products. Lastly, Evanesce Packaging creates truly compostable, organic, sustainable, and effective disposable packaging and utensil alternatives to non-compostable and inorganic options.

In October 2021, Billy Goat Brands signed a Letter of Intent to purchase an equity stake with Cascadia Seaweed. a vertically integrated company growing to become the largest provider of ultra-premium ocean cultivated seaweed in North America.

Each company that is currently in Billy Goat Brands’ portfolio is expected to produce a more than 50 percent, compound annual growth rate (CAGR) in each of the next three years. Billy Goat Brands plans to generate returns on its investments in several ways, including go-public transactions, mergers and acquisitions, and other liquidity events of its portfolio companies or projects.

The company is led by an experienced management team that is well-versed in the nuances of the public markets, venture capital, mergers and acquisitions, strategy, corporate governance, and operations. The company’s management team has executed over $5 billion of various debt and equity transactions. The team has also established highly successful brand channels, ideas and platforms for brands like Best Buy, Telus, and Tourism BC.

The company’s pre-money valuation is currently estimated to be an impressive C$44 million. Billy Goat Brands has 96,714,335 common shares issued and outstanding, 41,948,596 warrants and 4,425,000 stock options for a total of 143,087,931 fully diluted shares outstanding. If fully exercised, warrant proceeds would total approximately C$12.5 million while option proceeds would total C$1.2 million.

Currently, Billy Goat Brands has identified more than 200 potential portfolio companies and it has entered into more than 40 advanced discussions. Going forward, the company will be entering due diligence with more than 20 companies to establish fair negotiations, including two term sheets out for review by third parties.

Billy Goat Brands has the right to acquire up to 46 percent interest in its key brand, which is Sophie’s Kitchen. The interest agreement is contingent upon funding and conversion of an existing credit facility, as well as the exercise of subscription rights granted to Billy Goat Brands. Billy Goat Brands has also been granted share purchase warrants in Sophie’s Kitchen. The company will be providing capital markets advisory services to Sophie’s Kitchen to go public on the North American stock exchange. Sophie’s Kitchen is Billy Goat Brands’ largest asset to date.

Sophie’s Kitchen offers delicious and nutritious plant-based seafood alternatives that have zero mercury content, no fishy smell, no concern of microplastics, and do not negatively impact the ocean. The company is a manufacturer and distributor that creates both frozen and shelf-stable products. Sophie’s Kitchen’s products include Plant-Based Toona with Sea Salt, Plant-Based Toona with Black Pepper, Breaded Vegan Shrimp, Vegan Fish Fillet, Vegan Smoked Salmon, and Vegan Crab Cakes. Sophie’s Kitchen has experienced rapid revenue growth.

Sophie’s Kitchen has entered into several strategic partnerships to support its aggressive growth, including a manufacturing and distributor deal. The company’s products are available at various retailers like Amazon.com, Wegmans, Sprouts Farmers Market, Stop & Shop, Walmart and Whole Foods Market. The company has some of the best national distribution partners, including United Natural Foods, KeHE and Sysco. Going forward, the company plans to expand its product offerings to include a plant-based chicken alternative.

Sophie’s Kitchens has been featured by PETA, Forbes, Yahoo! Finance, Veg World, Well + Good, East Bay Express, Bloomberg, VegOut, VegNews, The Beet, and Vegconomist. The company has also won the PETA Vegan Food Award and the title of “Best Plant Based Seafood” from Goop’s “A Guide to the Best Plant Based Meats.”

Based on this success, Billy Goat Brands acquired additional stake in the company. As of May 5, 2022, the company owns 5 percent of the company. CEO Tony Harris credits this to the progress the company made over the past year and its ongoing commitment to innovative food products.

Billy Goat Brands owns 100 percent of KOLD. Billy Goat Brands will be providing KOLD with capital, marketing, and strategic partnerships. KOLD is a manufacturer and distributor that creates enhanced cold brew coffee that is made from high-quality coffee and functional mushrooms. KOLD offers organic Chaga and Lion’s Mane mushroom-infused cold brew coffee products that feature slow-roasted chicory for digestive health. Each serving of KOLD coffee contains 160 mg of mushrooms. KOLD products will also be packaged using reusable glass bottles through a partnership with Terracycle’s LOOP program. The company’s market strategy is targeting a share of the nearly US$23 billion functional mushroom market.

KOLD has partnered with Brew N Bottle as a key product formulator. Brew N Bottle has developed and produced products for several Fortune 500 brands, including Starbucks, Whole Foods Market, Hershey’s, Folgers, and Seattle’s Best. KOLD received the first preorder of its product, via its subsidiary FunGuys Beverages, proving the demand for coffee and functional mushrooms in the US$655 million market for cold-brew coffee. Going forward, the company plans to expand first to the US and then globally.

Billy Goat Brands owns a 12.4 percent stake in The Vegetarian Butcher. The Vegetarian Butcher creates gluten-free and GMO-free plant-based meat alternative food products. The company specializes in fresh vegan deli meats that are prepared in-house, frozen packaged foods and dry and canned ingredients. The Vegetarian Butcher also sells white-label vegan meat substitutes and catering services.

The Vegetarian Butcher has two primary brick-and-mortar locations in British Columbia. The company also has an e-commerce platform to sell its products. Both stores successfully became cash flow positive within two months of opening. The company has started the permitting process to open a third location in White Rock, BC.

The Vegetarian Butcher is currently exploring potential franchising and proprietary manufacturing. The company has a goal to begin manufacturing in-house to reduce costs and improve margins. The Vegetarian Butcher also hopes to expand nationwide over the next three years with 36 locations, including 10 or more stores in the Greater Toronto Area.

Billy Goat Brands owns a minority stake in Evanesce Packaging, a company offering truly compostable, organic, and sustainable disposable packaging and utensil alternatives to non-compostable and inorganic options. The company’s packaging is made from plant-based by-products and does not compromise strength, insulation, nesting capabilities, or cost competitiveness. The company’s packaging products decompose in under 90 days and have a shelf life of over two years. Evanesce Packaging’s products include takeout containers and compostable straws that don’t disintegrate like cardboard straws typically do. Evanesce Packaging’s innovative technology has three patents issued, one patent pending, and 17 claims.

Evanesce Packaging plans to target several markets, including grocers, meat and poultry packers, fast food chains, and produce packers. Billy Goat Brands recently increased its ownership in the company, exercising its incentive warrants to almost double the previous stake. Evanesce is currently in talks with Syco, Sobeys, Fiera Foods, and Oppy. The company also plans to pursue leads in its target market in the first half of 2022. During 2022, it’s also launching a new set of starch products including trays, cups, and containers, all made of moulded starch.

Based in Sidney, British Columbia, Cascadia Seaweed cultivates seaweed along the coast of BC in Canada. Founded in 2019, it produced seed, built farms, planted, grew, and harvested from two hectares of demonstration farms in the same year, Cascadia Seaweed has a vision to have at least 500 hectares under cultivation by 2025.

Under the terms of the Letter of Intent, Billy Goat Brands may provide capital advisory services to Cascadia Seaweed in exchange for an equity stake in the company.

Tony Harris has over 20 years of experience as an investor and entrepreneur. Harris has earned a reputation for leading high-performance teams. Harris is the president of the Tony Harris Group and a partner at Harris Auto Group. As an entrepreneur and investor, Harris has extensive experience in corporate banking and finance. He is an award-winning automotive dealer and real estate developer. A graduate of the University of Western Ontario, Harris also completed executive education in leadership and entrepreneurship from Babson College. Harris is a family man, a known community builder, and a philanthropist who serves as chair of the Nanaimo and District Hospital Foundation.

Ram Bangalore brings more 10 years of varied experience in financial and taxation management, corporate strategy, controls, accounting and financial reporting to the Company. Ram holds a Bachelor of Commerce and is a member of the Chartered Professional Accountants, Canada since 2018.

Paul Marr is the SVP of Marketing at Billy Goat Brands. Marr is an award-winning executive creative director. Marr is currently the principal director at KLOD and he is the head of Marcom creative for EA Sports. At EA Sports, Marr leads a team of strategists, designers, copywriters and creative directors. Before EA, Marr was a director at Cossette which is Canada’s leading creative agency. At Cossette, he helped establish brand channels, ideas, and platforms for brands like Best Buy, Telus and Tourism BC.

David Jackson is the senior vice president of branding at Billy Goat Brands. Jackson is a highly-regarded marketing leader. Jackson is currently the principal director at KOLD and vice president of marketing for EA Sports. At EA Sports, Jackson is responsible for over US$2 billion of revenue globally across the FIFA franchise. Before EA, Jackson worked in omnichannel advertising for the public and private sector with Saatchi & Saatchi in London, UK. He has also held a position in sponsorship strategy and activation with Barclays Bank.

Jan Urata is the founder and president of Take It Public Services. Urata founded Take It Public Services in 2011. Take It Public Services is a regulatory and corporate compliance support service for top-tier junior issuers in a wide range of industries, including biotech, mining, venture capital, and oil and gas. Urata brings over 20 years of industry experience and is well-versed in taking corporate entities from the initial seed capital stage to publicly-listed companies.

Todd Buchanan is chairman of Billy Goat Brands and has over 20 years of experience working with Fortune 500 public and private companies. Buchanan advised on the creation and implementation of business process management methods and technology, proving him a strong consensus builder and negotiator. Buchanan is focused on assisting founders and families operating early-stage companies from start-up through proof of concept to hyper-growth. He has worked with various companies during which he offered his multifaceted experience. Buchanan has held various senior executive positions at several companies including International Forest Products, SiCam Systems and its clients, Nexii Building Solutions, Luvo, and LYFE Kitchen, and Equifaira Partners and its clients. He currently serves on the board, as an officer and in advisory roles with multiple companies, a mutual fund trust and a not-for-profit organization.

Asghar Khan is part of the investment committee at Billy Goat Brands. Khan has extensive experience working with public and private enterprises, having driven shareholder value as well as long-term growth. Khan had served as the regional head of strategy and business development for PepsiCo, where he drove a multi-billion dollar portfolio in 14 countries across the Pacific Asia, with a primary focus on development of strategy and mergers and acquisitions. Before PepsiCo, Khan held senior finance and planning positions at Rogers Communications and PricewaterhouseCoopers, also serving on the boards of various MNCs in the Asia Pacific. Khan is a member of CIMA Australia, holding a bachelor’s degree from Albright College, a master’s of business administration from Lerner School of Business at the University of Delaware, and a master’s degree in finance from The Wharton School of Business at the University of Pennsylvania.

Lyndsay Hamelin brings over 15 years of experience in corporate and securities law. During her career, she has focused on securities and corporate finance. Hamelin assists with managing and orchestrating public company requirements with a focus on the CSE, TSXV, and TSX stock exchanges, as well as listings on the OTC Markets. After starting her career in Vancouver, Canada, Hamelin advanced to a senior position working with a top-tier law firm in London, England, where she assisted in completing a corporate reorganization. Hamelin has returned to Canada where she uses her international expertise to help clients navigate complex corporate compliance matters, financings, and IPO preparations for the Canadian markets.

Natasha Raey is an entrepreneur and philanthropist with over 15 years of operational and project management experience. Raey’s primary sector focuses include healthcare, cannabis, consumer discretionary, and women’s empowerment. Raey is the founder of Bloomelix and the CEO of Skye Cannabis. She has had experience developing and executing research projects, development action plans, and evaluation frameworks for many community development and health-focused projects. Raey is a partner at Cadence Health Center, where she oversees the development and execution of the multi-disciplinary health center and compounding pharmacy. She is an avid philanthropist with a focus on healthcare and women’s empowerment. Raey is the founder of SheTalks Global which is a platform for women to share their stories of empowerment that’s been recognized by CNN International. Currently, Raey sits on the board of Myconic Capital . She holds an honors degree in molecular biology and biochemistry from Simon Fraser University and has a master’s in health administration from the University of British Columbia.

Lawrence Hay is an officer and director of a variety of private and public companies and has extensive experience structuring and financing companies within the clean energy and ESG industries.

GOAT Industries Ltd. (the " Company " or " GOAT ") (CSE: GOAT), is pleased to announce the Company has entered into a non-binding Letter of Intent (the " LOI ") dated September 14, 2022 with 1000288601 Ontario Inc. (" Ontario Co ").

The LOI contemplates a proposed transaction (the " Proposed Transaction "), whereby GOAT would acquire all issued and outstanding securities of Ontario Co by way of a share exchange agreement (the " Share Exchange "). Ontario Co is in the process of acquiring the Canadian license for a Direct Lithium Extraction technology (the " DLE Technology ") developed by private industry, as well as University researchers based out of Australia.

It is the Company's understanding that the DLE Technology is more cost-effective extraction technology than fractional crystallization, membrane filtering, MOF's, adsorption, reverse osmosis, and ion exchange.

The DLE Technology has the potential to reduce capital and operating costs, while accelerating battery metal project startups via:

The proposed transaction is expected to be completed pursuant to available prospectus exemptions in accordance with applicable securities legislation. GOAT and Ontario Co have agreed to negotiate in good faith the terms of a definitive written agreement with respect to the proposed transaction within 60 days from the LOI. The proposed transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, approval of the Canadian Securities Exchange (CSE), completion of due diligence reasonable or customary in a transaction of a similar nature and entering into a definitive agreement, among other conditions. The proposed transaction would be an arm's-length transaction for GOAT and would not constitute a fundamental change or result in a change of control of the company, within the meaning of the policies of the CSE.

GOAT Industries is an investment issuer focused on investing in high-potential companies operating across a variety of sectors. The paramount goal of the Company will be to generate maximum returns from its investments.

The Company's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company's prospectus dated February 15, 2022), certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

GOAT Industries Ltd. Investor Relations Email: alex@goatindustries.co Phone: 604-687-2038

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Billy Goat Brands Ltd. (the " Company " or " GOAT ") (CSE: GOAT), is pleased to report that FunGuys Beverages (" FunGuys "), a 100-per-cent wholly owned subsidiary of GOAT has successfully achieved Phase II certification of TerraCycle's LOOP (" LOOP ") testing protocols. This operational milestone further demonstrates FunGuys's market position as a socially responsible distributor of organic mushroom-infused cold brew coffee beverages underpinned by proprietary formulation stack.

FunGuys's commercial associations with LOOP enables it to leverage reusable packaging for its line of Kold-branded beverages. As previously announced, LOOP's stringent design guidelines will enable Kold products to move from single-use packaging to a multiuse ecosystem while also providing FunGuys with access to a scalable sales channel through LOOP 's integrated network of retail partners. Recently, LOOP was invited to present its views on sustainable business practices at the World Economic Forum and has support from major North American and European grocers, retailers and packaged good brands.

FunGuys's maturing relationship with LOOP is also indicative of GOAT's commitments to advancing next generation CPG recycling ecosystems, technologies and associated intellectual properties through active investments. As disclosed in Q2 2022, GOAT nearly doubled its ownership stake in Evanesce Inc. (" Evanesce "), a sustainable packaging company that produces compostable straws and other packaging items. Evanesce has manufacturing plants located in South Carolina and Nevada which produced approximately 90 million total straws in the first quarter of 2022. Evanesce plans to list its shares for trading in 2022 or H1 2023 on either the Toronto Stock Exchange or Nasdaq Stock Market.

Headquartered in British Columbia, FunGuys is a leading distributor of organic chaga and lion's mane mushroom-infused cold brew coffee beverages. It's Kold line of beverages offer consumers an alternative and sustainable product as a supplement or even as a substitute for their daily coffee ritual. Each serving of Kold Beverages is infused with 160 milligrams (mg) of Chaga and Lion's Mane mushroom extract, among other natural ingredients, that are combined to create a unique, healthy and sustainable ritual for coffee lovers.

TerraCycle is an innovative recycling company that has become a global leader in recycling hard-to-recycle materials that created the circular Loop program to combat single-use waste. Loop is focused on hard-to-recycle materials, making sustainable packaging accessible to consumers through partnering with trusted brands to create durable and reusable packaging. It has established a long-standing relationship with various well-known consumer packaged goods companies ranging from Burt's Bees, Crest, Glad, Febreze and Natures Path Organic.

Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating across a variety of sectors. The paramount goal of the Company will be to generate maximum returns from its investments.

The Company's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company's prospectus dated February 15, 2022), certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Billy Goat Brands Ltd. Investor Relations Email: info@billygoatbrands.com Phone: 604-687-2038

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Billy Goat Brands Ltd. (the " Company " or " GOAT ") (CSE: GOAT), is pleased to announce that, subject to the approval of the Canadian Securities Exchange (" CSE "), effective September 12, 2022, the Company intends to change its name to "GOAT Industries Ltd." from "Billy Goat Brands Ltd." (the " Name Change ") The Company will continue to trade under the stock symbol "GOAT" on the CSE, under the stock symbol "BGTTF" on the OTCQB Venture Market and under the symbol "26B" on the Frankfurt Stock Exchange.

No action is required to be taken by shareholders with respect to the name change. Outstanding share certificates are not affected by the name change and do not need to be exchanged. The Company's ISIN and CUSIP numbers for the common shares will change to CA3802J1030 and 38021J103, respectively.

The Name Change will further re-enforce GOAT's recently announced capital deployment, diversification, and alpha generation mandates. Per its news release dated August 24, 2022, the Company intends to expand investment portfolio to include accretive holdings in new market sectors, including the following:

GOAT will aggressively pursue exposure to the above stated verticals, of which Management feels will function as anti-inflationary hedges as well as mitigate reliance on unstable international supply chains.

Furthermore, GOAT will continue to provide active, growth-stage funding into patented technologies, defendable CellAg intellectual property and plant-based brands focused on the food and water insecurity trade. More than 2.3 billion people are currently facing water stress and nearly 160 million children are exposed to severe and prolonged droughts and in the past 20 years, droughts have triggered global economic losses of about $124 billion. 1

One of the Company's flagship holdings, Sophies Kitchen is currently at the forefront of creating sustainable plant-based seafood alternatives to ensure the health of the oceans and global food chains. Further to its news release dated May 5, 2022, GOAT owns 35% ownership stake in Sophies Kitchen ( https://www.sophieskitchen.com/ ).

The Company also announces that effective August 29, 2022, Lindsay Hamelin has resigned from the board of directors to pursue other opportunities. The Board would like to thank Mrs. Hamelin for her contributions to the Company and wishes her continued success in her future endeavours.

Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating across a variety of sectors. The paramount goal of the Company will be to generate maximum returns from its investments.

The Company's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company's prospectus dated February 15, 2022), certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Billy Goat Brands Ltd. Investor Relations Email: info@billygoatbrands.com Phone: 604-687-2038

1 "World 'at a crossroads' as droughts increase nearly a third in a generation", United Nations, May 12, 2022, https://news.un.org/en/story/2022/05/1118142

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Billy Goat Brands Ltd. (the " Company " or " Billy Goat ") (CSE: GOAT), is pleased to announce that further to its news release dated June 30, 2022, it has completed the acquisition of Kojo Pet Performance Inc. (" Kojo ") in consideration of 25,000,000 common shares of the Company (each a " Consideration Share ") issued at a deemed price of $0.039 per share to the existing shareholders of Kojo (collectively, the " Vendors "). Kojo is an innovative pet-food brand focused on producing and marketing plant and cell-based pet food offerings.

Furthermore, the Vendors are eligible to earn up to an additional 30,000,000 Consideration Shares upon the realization of the following performance milestones by Kojo within 36 months from the date of closing:

The acquisition of Kojo was completed pursuant to a share purchase agreement entered into amongst the Company, Kojo and the Vendors, dated August 15, 2022. The Company is at arms-length from Kojo, and each of the Vendors. The acquisition of Kojo neither constitutes a fundamental change nor a change of business for the Company, nor has it resulted in a change of control of the Company within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. No finders' fees or commissions were payable in connection with the acquisition of Kojo.

Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating in the plant-based food technology sector. It intends to accomplish these goals through the identification of and investment in securities of private listed entities that are involved in the food and beverage industry, with a focus on: (i) plant-based protein, (ii) functional foods, (iii) food technology, (iv) fermented foods, and (v) cultured and cell agriculture. The Company plans to generate returns on its investments through various outcomes, including but not limited to go-public transactions, mergers or acquisitions, and the other liquidity events of its investee companies or projects. The paramount goal of the Company will be to generate maximum returns from its investments in a manner consistent with its environmental, social and governance values.

For more information about the Company, please visit https://billygoatbrands.com/. The Company's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties (including those risk factors identified in the Company's prospectus dated February 15, 2022), certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Billy Goat Brands Ltd. Investor Relations Email: info@billygoatbrands.com Phone: 604-687-2038

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Billy Goat Brands Ltd. (the " Company " or " Billy Goat Brands ") (CSE: GOAT), an investment issuer focused on investing in high-potential companies operating in the food technology sector, is pleased to announce it has entered into a non-binding Letter of Intent (the " LOI ") dated June 30, 2022 with Kojo Pet Performance Inc. (" Kojo ").

The LOI contemplates a Proposed Transaction, whereby the Company would acquire all issued and outstanding securities of Kojo by way of a share exchange agreement. Kojo is an innovative pet-food brand focused on producing and marketing plant and cell-based pet food offerings.

Pursuant to the proposed transaction, the Company will issue common share in its capital to the holders of common shares in the capital of Kojo (the " Consideration Shares ") at a deemed price per consideration share at a deemed price per Consideration Share equal to the minimum price allowed pursuant to the policies of the Canadian Securities Exchange, representing aggregate consideration to be determined and mutually agreed upon by the parties with reference to a pending valuation of Kojo, expected to be in the range of $500,000 to $1,000,000.

Additional shares may be issuable to the shareholders of Kojo, subject to the fulfillment of certain performance milestones being completed within 36 months from the closing date of the Proposed Transaction (the " Milestone Payments ").

The Proposed Transaction will be completed pursuant to available prospectus exemptions in accordance with applicable securities legislation. The Company and Kojo have agreed to negotiate in good faith the terms of a definitive agreement with respect to the proposed transaction within 60 days from the LOI.

The Proposed Transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, approval of the CSE, completion of due diligence reasonable or customary in a transaction of a similar nature, and entering into a definitive agreement, among other conditions. The proposed transaction would be an arm's-length transaction for the company and would not constitute a fundamental change or result in a change of control of the company, within the meaning of the policies of the CSE.

The Company also announces that Tony Harris has resigned as Chief Executive Officer and Director effective immediately. Billy Goat Brands would like to thank Mr. Harris for his many contributions to the company and wishes him well with his future endeavours. Lawrence Hay, director of the Company will assume the role of Chief Executive Officer.

Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating in the food technology sector.

For more information about the Company, please visit https://billygoatbrands.com/. The Company's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR at www.sedar.com .

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING "FORWARD-LOOKING" INFORMATION

This news release contains certain forward-looking statements within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Company has provided the forward-looking statements in reliance on assumptions that it believes are reasonable at this time. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, delays resulting from or inability to obtain required regulatory approval. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Lawrence Hay, Director Billy Goat Brands Ltd. Email: info@billygoatbrands.com Phone: +1 (604) 687-2038

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Naturally Splendid Enterprises Ltd. ("Naturally Splendid", "NSE" or "the Company") (FRANKFURT:50N)(TSX-V:NSP)(OTC PINK:NSPDD) is pleased to provide the following summary of the Distribution Network assembled for sales and distribution of the Company's PlanteinTM line of plant-based foods

Naturally Splendid CEO Mr. J. Craig Goodwin states, "We have made several announcements recently regarding the build-out of our distribution network. I am pleased to report that we have assembled a superb network of Distributors servicing Canada from coast to coast. We have secured two (2) of the largest foodservice distributors in North America, which are complemented by Regional and Specialty Distributors. Our Regional and Specialty Distributors have been selected for their established clientele and ability to service niche markets, while the larger distributors will service the mainstream market through their national infrastructure".

Goodwin adds, "This combination of National, Regional and Specialty Distributors will be effectual reaching consumers with the greatest of efficiency to distribute PlanteinTM plant-based food products throughout Canada targeting restaurants, healthcare and educational facilities as well as the hospitality industry."

Naturally Splendid has engaged Canex Foods as Distribution Coordinator.Canex is a full-service food importer that has been in operation since 1987.

Canex works closely with our roster of distributors who have the option to draw inventory directly from Naturally Splendid or coordinate shipments through Canex Distribution Centres / Freezer Storage Facilities that are strategically located in Canada's two largest markets, Vancouver and Toronto.

This arrangement optimizes shipping logistics across the country.

PlanteinTM entrees are now available across Canada through two of North America's largest foodservice organizations, as reported in earlier news releases.

This network of Distributors has a cumulative total of over twenty-five distribution centres across Canada and hundreds of sales representatives servicing Canada coast to coast.

In addition to the two (2) National Distributors, Naturally Splendid has augmented the distribution coverage by engaging with Specialty and Regional Distributors.

The Company has engaged with Specialty and Regional Distributors to target certain market segments.

Greenbridge Foodservice is a national foodservice sales and marketing organization that has organized a strategic group of seven (7) Distribution Members across Canada. This collaborative group of distributors has a collective fifteen (15) distribution centres across Canada providing coast to coast coverage.

Greenbridge Foodservice will market the complete PlanteinTM line including; Burgers; Nuggets; Crumbed Tenders; Sweet Chili Tenders; Schnitzel; Garlic Kiev; and Phishy Fillet throughout their extensive network.

Vegan Supply is a Vancouver based company with both retail and foodservice distribution, began business in 2015 as the world's largest e-commerce marketplace, exclusively providing its retail customers and foodservice clients with high-quality vegan products. Vegan Supply is listing five (5) PlanteinTM plant-based entrees: Nuggets, Schnitzel, Crumbed Tenders, Sweet Chili Tenders, and Crispy Burgers.

Naturally Splendid CFO Mr. George Ragogna states, "There has been extensive work behind the scenes assembling this network of distributors. This distribution network is key as interest in our products continues to grow and customers want to know where they can order. It is critical to have a robust distribution network in place, and that is what we have assembled. We look forward to working with all our Distribution Partners to grow our business."

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a plant-based food manufacturing and technology company that produces and distributes nutritious and delicious plant-based commodity products.

Founded in 2010, the Company operates a certified food manufacturing facility located just outside Vancouver, BC in Canada, focusing on producing an extensive range of plant-based entrees.

Naturally Splendid has an exclusive 10-year manufacturing and distribution agreement for Canada with a division of Australia's largest plant-based food manufacturer, Flexitarian Foods Pty. Ltd.

In addition to producing the Company's own branded products, Naturally Splendid provides contract manufacturing services and private labelling for a variety of nutritional plant-based food products destined for multiple distribution channels.

The Company has established healthy, functional foods under brands such as Natera Sport, Natera Hemp Foods, CHII™, Elevate Me™ and Woods Wild Bar™. The Company launched Plantein™ Plant-Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

Naturally Splendid has reached an agreement with Biologic to terminate the agreement with Plasm Pharmaceutical and is negotiating a compensation package for work done to date pursuing a potential treatment for Covid with the target drug Cavaltinib.

NSE has also developed proprietary technologies for the extraction of healthy omega 3 and 6 oils, as well as a protein concentrate from hemp.

On Behalf of the Board of Directors

Mr. J. Craig Goodwin President, Director

Naturally Splendid Enterprises Ltd. (NSP - TSX Venture; NSPDD - OTC PINK; 50N Frankfurt) #108-19100 Airport Way Pitt Meadows, BC, V3Y 0E2 Office: (604) 570-0902 E-mail: info@naturallysplendid.com Website: www.naturallysplendid.com

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control including, Naturally Splendid's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; customers will complete on sales contracts; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE:Naturally Splendid Enterprises Ltd.

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CoinSmart Financial Inc. (" CoinSmart " or the " Company ") (NEO: SMRT) (FSE: IIR), announced today that it has entered into a definitive agreement dated September 22, 2022 (the " Purchase Agreement ") with Coinsquare Ltd. (" Coinsquare "), a leading Canadian crypto asset trading platform, pursuant to which CoinSmart has agreed to sell to Coinsquare all of the issued and outstanding shares of its wholly-owned operating subsidiary Simply Digital Technologies Inc. (" Simply Digital ") (the " Transaction ").

The acquisition and integration of these two businesses will establish Coinsquare as one of Canada's largest crypto asset trading platforms with a diversified and compliant offering across various business lines, including both retail and institutional trading, crypto payment processing, and digital asset custody. CoinSmart will hold approximately 12% ownership in Coinsquare on a pro-forma basis. The combined company has transacted over $10 billion since January 2018 , and will have over $350 million in assets under custody with a combined user base in excess of 1 million.

Coinsquare is in the final stages of its approval to become Canada's first crypto asset trading platform regulated as an Investment Industry Regulatory Organization of Canada (" IIROC ") dealer and marketplace member.

"Today is an exciting day for all of us at CoinSmart," said CoinSmart CEO Justin Hartzman . "We are thrilled to be working alongside the Coinsquare team to build one of the largest regulated crypto asset trading platforms in Canada and I could not be more proud of what we have accomplished so far. With a diversified product suite, exceptional crypto talent, and one of the largest user bases in Canada , the combined company will be well-positioned to pursue its aggressive expansion plans. While the crypto market is in the building phase of its life cycle, this transaction will provide the torque needed to be in a favourable position entering the next bull run."

"This acquisition represents a monumental and exciting milestone for both companies and brings together two industry leading management teams." said Coinsquare, CEO Martin Piszel . "We are excited to work together to shape how the crypto industry in Canada grows and evolves, and together we will be able to offer our clients the most innovative and secure products backed by the highest standards of regulation in the industry."

Pursuant to the terms of the Purchase Agreement, Coinsquare will acquire all of the issued and outstanding shares of Simply Digital on a cash-free, debt-free basis.

The purchase price, which is subject to standard post-closing adjustments as set out in the Purchase Agreement, will be satisfied on closing by (i) the payment to CoinSmart of $3 million in cash, and (ii) the issuance of 5,222,222 Coinsquare Shares to CoinSmart. Coinsquare's largest shareholder, Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO), disclosed in their most recent financials that they valued the Coinsquare Shares at approximately $5.02 per Coinsquare Share as of June 30 , 2022. There can be no assurance that such value per Coinsquare Share has not changed since June 30, 2022 .

Subject to the terms set forth in the Purchase Agreement, additional consideration will be payable to CoinSmart pursuant to the Transaction upon the achievement of certain revenue-based earn-out targets related to CoinSmart's SmartPay business and OTC trading business. Up to an additional $20 million in cash may be payable pursuant to the SmartPay earn-out (over a period of three years following closing of the Transaction) and up to an additional 1,100,000 Coinsquare Shares may be issuable pursuant to the OTC earn-out (over a period of one year following closing of the Transaction).

On completion of the Transaction, CoinSmart will hold approximately 12% of the issued and outstanding Coinsquare Shares. Coinsquare is a privately held company incorporated under the laws of Canada . Other than its interest in Coinsquare Shares and cash, CoinSmart will hold no other material assets immediately following the completion of the Transaction. The Transaction has been unanimously approved by the board of directors of the Company (the " Board ").

Under the terms of the Purchase Agreement, the Board may respond to an unsolicited bona fide written proposal that, having regard to all relevant terms and conditions of such proposal, constitutes or could reasonably be expected to constitute or lead to a Superior Proposal (as defined in the Purchase Agreement).

The Transaction will constitute the sale of all or substantially all of the undertaking of CoinSmart pursuant to the Business Corporations Act ( British Columbia ) and, accordingly, will require approval by not less than two-thirds of the votes cast at a special meeting of the shareholders of CoinSmart (the " Meeting "). CoinSmart currently expects to mail the management information circular in connection with the Meeting to shareholders on or before October 29, 2022 , and to hold the Meeting on or before November 29, 2022 . Subject to the satisfaction (or waiver) of applicable closing conditions as set forth in the Purchase Agreement, the closing of the Transaction is anticipated to occur in the fourth quarter of 2022.

The management of CoinSmart will be employed by Coinsquare following the closing of the Transaction and will continue to play an active role in the ongoing and future business of Simply Digital (including the SmartPay business and the OTC business).

The Board has unanimously determined that the Transaction is in the best interests of CoinSmart. Accordingly, the Board approved the Purchase Agreement and recommends that Shareholders vote in favour of the resolution to approve the Transaction at the Meeting.

Each of the directors and certain senior officers of the Company, collectively holding approximately 45% of the issued and outstanding common shares of the Company, have entered into support and voting agreements with Coinsquare pursuant to which they have agreed to support and vote in favour of the Transaction. In making its determination, the Board considered, among other things, an opinion provided to the Board by Eight Capital to the effect that, based upon and subject to the limitations, assumptions and qualifications stated in such opinion, the consideration to be received by CoinSmart pursuant to the Transaction is fair, from a financial point of view, to CoinSmart.

In connection with the Transaction, CoinSmart has engaged Eight Capital as its financial advisor and Wildeboer Dellelce LLP as its legal advisor. Coinsquare has engaged Origin Merchant Partners as its financial advisor and Goodmans LLP as its legal advisor.

Complete details of the terms and conditions of the Transaction are set out in the Purchase Agreement, which will be filed by CoinSmart under its profile on SEDAR at www.sedar.com .

In addition, further information regarding the Transaction will be contained in the management information circular in respect of the Meeting which will be filed on SEDAR at the time that it is mailed to shareholders. All shareholders are urged to read the information circular once it becomes available, as it will contain additional important information concerning the Transaction.

CoinSmart is a leading Canadian-headquartered crypto asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum. CoinSmart is one of the few crypto asset trading platforms in Canada to be registered as a securities dealer and marketplace with the Ontario Securities Commission. CoinSmart is also one of the first Canadian headquartered trading platforms to have an international presence, accepting customers across 40+ countries at a time when the digital asset industry continues to rapidly expand. CoinSmart further builds on its mission to make cryptocurrency accessible by providing educational resources tailored to every level of cryptocurrency knowledge and unparalleled 24/7 omni-channel customer support. Offering instant verification, industry leading cold wallet storage, advanced charting with order book functionality and over-the-counter premium services, CoinSmart ensures every client's needs are met with the highest level of quality and care. For more information, please visit www.coinsmart.com .

Founded in 2014, Coinsquare, a private company incorporated under the laws of Canada provides customers with a proprietary platform engineered to deliver a robust, secure, and intelligent interface for trading Bitcoin, Ethereum, Litecoin, and other digital assets. Coinsquare has grown to become Canada's oldest operating digital asset firm, trading on behalf of over half a million Canadians. Coinsquare has raised over $100M in capital and has successfully executed trades in excess of $8 billion to date. For more information, please visit www.coinsquare.com .

This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, among other things, statements and information concerning: the anticipated benefits of the completion of the Transaction; the opportunities available to the combined company on completion of the Transaction; the consideration payable to the Company pursuant to the Transaction, including potential additional consideration payable upon the achievement of specified earn-out targets; the Company's pro-forma ownership of Coinsquare following completion of the Transaction; membership of the Company nominee on the board of Coinsquare following the completion of the Transaction; the requirement for the Company to obtain shareholder approval of the Transaction; the anticipated timing of the Meeting; the parties' ability to satisfy closing conditions, including the receipt of necessary regulatory approvals; and the anticipated timing for completion of the Transaction.

Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks in respect of forward-looking information in this press release include: risks associated with the Transaction and with purchase and sale transactions generally, such as the failure to satisfy closing conditions contained in the Purchase Agreement, the failure to obtain shareholder or regulatory approvals, and the absence of material adverse changes or other events which may give the parties a basis on which to terminate the Purchase Agreement; and the risk that the Transaction may not close on the anticipated timeline, or at all. In addition there are business risks and uncertainties associated with the digital currency industry generally, including: adapting to technological change, new products and standards; increased competition that adversely affects business; additional competition from new or existing technologies that adversely affect business; software products and/or services may contain undetected errors or "bugs", vulnerabilities or defects; damage or failure of information technology; cybersecurity risks associated with data security and hacking; potential violations of applicable privacy laws; political, economic and other uncertainties in respect of digital currencies; and various other risks as set out in the annual information form of the Company dated March 31, 2022 , in respect of the financial year ended December 31, 2021 , a copy of which is available under the Company's profile on SEDAR at www.sedar.com . Although the Company has attempted to identify certain important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.

The Transaction cannot close until the required shareholder and regulatory approvals are obtained. There can be no assurance that the Transaction will be completed as proposed or at all. The Transaction could be modified, restructured or terminated. Investors are cautioned that, except as disclosed in the Purchase Agreement or management information circular to be delivered to shareholders in connection with the Transaction, copies of each of which are or will be filed under the Company's profile on SEDAR at www.sedar.com , any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

The NEO Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2022/22/c4337.html

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On national TV Sat. September 24 & Sun. September 25, 2022 - BTV-Business Television showcases emerging companies in the markets.

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GCM Mining Corp. (TSX: GCM) (OTCQX: TPRFF) - Recently, GCM combined with Aris Gold to create a leading Americas gold producer that will continue under the name 'Aris Mining Corporation'. BTV explores the ESG programs GCM has implemented impacting their local communities.

Green Impact Partners Inc. (TSXV: GIP) - Green Impact Partners shares their vision with BTV on creating a sustainable, inclusive planet through the development of the world's cleanest energy, with a near-term focus on developing renewable natural gas projects throughout North America.

Greenlane Renewables Inc. (TSX: GRN) - Greenlane shares their mission with BTV: to clean up the natural gas grid and the transportation sector; two of the largest and most difficult-to-decarbonize sectors of the global energy system.

Vertex Resource Group Ltd. (TSXV: VTX) - BTV visits this ~950 employee firm and leading provider of environmental solutions spanning a variety of sectors from mining to government.

Electric Royalties Ltd. (TSXV: ELEC) (OTCQB: ELECF) - Electric Royalties is a royalty company set to take advantage of the demand for a wide range of commodities needed for the clean energy transition including electric vehicles, batteries, and large-scale energy storage.

On air for 24 years, BTV - Business Television, a half-hour investment TV show, features analysts and emerging companies at their location. With Hosts, Taylor Thoen and Jessica Katrichak, BTV highlights up and coming companies and investment opportunities with viewers.

TV BROADCAST NETWORKS and TIMES: CANADA:

BNN Bloomberg - Saturday Sept 24 @ 8:00pm ET, Sunday Sept 25 @ 5:30pm ET Bell Express Vu - Saturday Sept 24 @ 8:00pm ET, Sunday Sept 25 @ 5:30pm ET

US National TV: Biz Television Network - Sun Oct 2 @ 8:30am ET

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138000

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Naturally Splendid Enterprises Ltd. ("Naturally Splendid", "NSE" or "the Company") (FRANKFURT:50N) (TSX-V:NSP) (OTC PINK:NSPDF) is pleased to announce a variety of PlanteinTM inspired entrees created from Plantein's Nuggets; Schnitzel; and Sweet Chili Tenders, will be available at Vancouver Giants home games at the Langley Event Centre (LEC

The initiative to provide PlanteinTM plant-based options to spectators attending events at the LEC was initially brought forward by the Vancouver Giants Hockey Club (Giants) who play their home games at the LEC. The Giants (www.vancouvergiants.com) strive to provide the best possible experience for their fans when attending games and adding additional menu choices supports that initiative.

Vancouver Giants Senior Vice President Mr. Dale Saip states, "Its especially important to the Giants to ensure we are providing the best possible fan experience both on and off the ice. Our fans have asked for additional menu choices at home games and we have delivered by adding PlanteinTM entrees to the already existing selection of fan favourites."

Naturally Splendid CEO Mr. J. Craig Goodwin states, "We are more than pleased to be a Vancouver Giants Partner. In addition to supplying the LEC with PlanteinTM entrees, we will also be providing PlanteinTM products to the families that billet the Giant's hockey players as well as supporting various Giant's activities such as the Tail Gate Event at the LEC prior to the team's season opener September 23rd. The Vancouver Giants are ingrained in the community and the LEC is one of Langley's highest profile facilities. We are pleased to begin this relationship with Vancouver Giants the LEC and as we continue to grow our presence in the community as well."

The Vancouver Giants are a major juniorice hockey team playing in the Western Hockey League (WHL). and are led by majority owner and British Columbia-based businessman Ron Toigo. The Giants are considered amongst the elite of major junior hockey clubs in all North America having reached the pinnacle of major junior hockey winning the Memorial Cup. As importantly, the hockey club is well known and respected in the community for being actively involved in several charitable endeavours through their ‘Be A Giant Foundation'.

The Langley Events Centre (www.langleyeventscentre.com) is a multipurpose facility in the Township of Langley, BC, Canada and is the largest sports and recreation project in Langley's history. It is home to the; Vancouver Giants of the Western Hockey League; the Fraser Valley Bandits of the Canadian Elite Basketball League; Langley Thunder Lacrosse Teams; Trinity Western University Teams as well as hosts multiple tournaments annually as well as many non-sport related activities such as conventions and tradeshows.

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a plant-based food manufacturing and technology company that produces and distributes nutritious and delicious plant-based commodity products.

Founded in 2010, the Company operates a certified food manufacturing facility located just outside Vancouver, BC in Canada, focusing on producing an extensive range of plant-based entrees.

Naturally Splendid has an exclusive 10-year manufacturing and distribution agreement for Canada with a division of Australia's largest plant-based food manufacturer, Flexitarian Foods Pty. Ltd.

In addition to producing the Company's own branded products, Naturally Splendid provides contract manufacturing services and private labelling for a variety of nutritional plant-based food products destined for multiple distribution channels.

The Company has established healthy, functional foods under brands such as Natera Sport, Natera Hemp Foods, CHII™, Elevate Me™ and Woods Wild Bar™. The Company launched Plantein™ Plant-Based Foods, a line of delicious plant-based meat alternatives for the rapidly growing plant-based market segment.

Naturally Splendid has reached an agreement with Biologic to terminate the agreement with Plasm Pharmaceutical and is negotiating a compensation package for work done to date pursuing a potential treatment for Covid with the target drug Cavaltinib.

NSE has also developed proprietary technologies for the extraction of healthy omega 3 and 6 oils, as well as a protein concentrate from hemp.

On Behalf of the Board of Directors

Naturally Splendid Enterprises Ltd. (NSP - TSX Venture; NSPDF - OTCQB; 50N Frankfurt) #108-19100 Airport Way Pitt Meadows, BC, V3Y 0E2 Office: (604) 570-0902 E-mail: info@naturallysplendid.com Website: www.naturallysplendid.com

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control including, Naturally Splendid's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; customers will complete on sales contracts; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: Naturally Splendid Enterprises Ltd.

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Progressus Clean Technologies Inc. ("Progressus" or the "Company") is pleased to announce the execution of a letter of intent ("LOI") with Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) ("AFCP") executed on September 12, 2022, to complete a joint venture ("JV") pilot project that aims to provide a solution for natural gas utilities to directly power both residential and commercial businesses. Alkaline Fuel Cell Power Corp. is a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech. The JV is intended to provide proof of concept for each company's technologies and assess the ability to combine various Progressus technologies with AFCP fuel cells to serve residential and small building customers across North America.

Figure 1 - Frank Carnevale, CEO of Alkaline Fuel Cell Power Corp. and Channce Fuller, President and CEO of Progressus shake hands upon finalizing the LOI.

"Alkaline Fuel Cell Power is pleased to be working with the talented team at Progressus to combine our respective technologies and accelerate the ability for utility companies to utilize natural gas pipelines for the distribution of hydrogen for residential and commercial customers, more immediately," said Frank Carnevale, Chief Executive Officer of AFCP. "This JV pilot project is a key milestone in our goal of making zero emission fuel cells widely available, handing ‘power to the people' so that individuals can both save on energy costs while positively contributing to global emission reduction targets."

"The missions and combined vision of AFCP and Progressus are very complementary to one another. By leveraging the strengths of both organizations, we can more efficiently and effectively solve the growing need for innovative hydrogen solutions. The proposed JV pilot project with AFCP is an active step towards progressing hydrogen innovation and combining the suite of technologies that will ultimately be needed for global hydrogen solutions in the future," said Channce Fuller, Chief Executive Officer of Progressus.

Conceptual Description of the Pilot Project

To reduce CO2 emissions around the world, gas distribution companies and municipalities are setting-up projects to inject hydrogen into the local gas distribution grid. This gas mixture generally aims to contain up to 20% hydrogen and its use is targeted for residential and commercial buildings.

AFCP and Progressus will work together to execute a JV pilot project utilizing technologies from each company to provide in-field proof-of-concept, generate operational data that can inform continued development and market opportunities, and establish a platform to support future potential growth and additional partnerships. The exact location of the JV pilot project remains under consideration but, initially, North America will be the focus with secondary priority given to potential future pilots in Europe.

Progressus' technology enables the extraction of dilute hydrogen from gas streams, a critical component as utility companies globally increasingly strive to inject hydrogen into natural gas streams. Progressus represents a solution that can extract the hydrogen at high efficiencies, complementing AFCP's low-cost combined heat and power alkaline fuel cell and generator development.

The JV pilot project is designed to use the Progressus hydrogen separation technology to efficiently extract hydrogen at high purities from the existing natural gas grid, and then convert the purified hydrogen using either AFCP's 4 kW Micro-CHP or 4 kW generator to produce electricity, and potentially heat. This project could be put to immediate use in a residential home or commercial building, providing truly zero-emission power. AFCP has already identified interest from natural gas and electric utilities and municipalities to pilot the concept.

Combining the technologies from both companies offers an ideal potential solution to support the generation of low carbon energy that contributes to the world's clean energy transition.

The energy sector currently accounts for approximately three-quarters of global greenhouse gas emissions and is therefore simultaneously capable of averting the worst effects of climate change (1) . To reduce CO2 emissions, gas distribution companies and municipalities are advancing projects that facilitate the injection of hydrogen into the local gas distribution grid as a cleaner energy source.

In the last two years alone, there have been more than two dozen hydrogen injection projects announced in the United States with companies continuing to reinforce additional commitments in early 2022. ( 2 ) Further, with the passing of the Inflation Reduction Act (IRA), there is massive momentum building for additional investment in clean hydrogen solutions. Beyond the United States, the largest gas utilities around the globe (SoCalGas, Enbridge, ATCO Gas, Snam SpA, Enagas S.A., and Open Grid Europe to name a few) are all actively working on projects to inject hydrogen into their natural gas grids. ( 3 )

The proposed pilot project would initially cover one extraction system linked to one 4 kW Micro-CHP or generator system, with expansion to a larger scale in future pilots designed to provide clean hydrogen and power for multiple residential users or commercial applications.

1 https://www.un.org/en/climatechange/net-zero-coalition 2 https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/gas-utilities-get-to-work-piloting-hydrogen-use-in-distribution-systems-69302367 3 https://www.reuters.com/business/cop/europes-gas-firms-prime-pipelines-hydrogen-highway-2021-11-18/

Progress Clean Technologies (formerly AES-100 Inc.) is a venture stage green technology company focused on the development of novel hydrogen generation and separation technologies. Progressus Clean Technologies owns the exclusive rights and intellectual property pertaining to the Advanced Electrolyzer System for the production of hydrogen from dilute syngas.

ABOUT Alkaline Fuel Cell Power CORP. (NEO: PWWR)

AFCP is a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech. We bring ‘Power to the People' today, combining a stable revenue stream with a future- forward vision to commercialize our advanced hydrogen fuel cell technology to meet the massive global market need, and ultimately generate compelling returns for investors.

AFCP operates through two global entities: Fuel Cell Power NV, a wholly owned subsidiary in Belgium, and PWWR Flow Streams ("PWWR Flow"), an AFCP brand in Canada.

AFCP is well positioned to deliver ‘Power to the People' in the global energy transition while offering a diversified cleantech growth platform for investors.

Further information is available on the Company website at https://www.fuelcellpower.com/, and the Company encourages investors and other interested stakeholders to follow it on:

LinkedIn, Twitter, Facebook, Instagram and YouTube. Common shares are listed for trading on the NEO Exchange ("NEO") under the symbol "PWWR", the OTC Venture Exchange "OTCQB" under the symbol "ALKFF" and on the Frankfurt Exchange under symbol "77R" and "WKN A3CTYF".

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding Progressus Clean Technologies and Alkaline Fuel Cell Power Corp.; the letter of intent executed among the parties; the potential results or benefits of the joint venture pilot; the Advanced Electrolyzer System technology; and the company's future plans. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks inherent in the hydrogen industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Channce Fuller Senior Vice President l Forbes & Manhattan Resources President & CEO | Progressus Clean Technologies (Formerly AES-100 Inc.) 198 Davenport Road l Toronto, ON l Canada M5R 1J2 (403) 464 - 7851

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d5825491-2816-477a-9096-b5ac70cf8a8c

News Provided by GlobeNewswire via QuoteMedia

Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) ("AFCP" or the "Company") a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce the execution of a letter of intent (" LOI ") with Progressus Clean Technologies Inc. (" Progressus ") executed on September 12, 2022, to complete a joint venture (" JV ") pilot project that aims to provide a solution for natural gas utilities to directly power both residential and commercial businesses. Progressus is a venture-stage green technology company developing solutions for hydrogen generation and separation, which are complementary to AFCP's fuel cell technologies. The JV is intended to provide proof of concept for each company's technologies and assess the ability to combine various Progressus technologies with AFCP fuel cells to serve residential and small building customers across North America.

Figure 1- Channce Fuller, President and CEO of Progressus and Frank Carnevale, CEO of Alkaline Fuel Cell Power Corp. shake hands upon finalizing the LOI.

"Alkaline Fuel Cell Power is pleased to be working with the talented team at Progressus to combine our respective technologies and accelerate the ability for utility companies to utilize natural gas pipelines for the distribution of hydrogen for residential and commercial customers, more immediately," said Frank Carnevale, Chief Executive Officer of AFCP. "This JV pilot project is a key milestone in our goal of making zero emission fuel cells widely available, handing ‘power to the people' so that individuals can both save on energy costs while positively contributing to global emission reduction targets."

"The missions and combined vision of AFCP and Progressus are very complementary to one another. By leveraging the strengths of both organizations, we can more efficiently and effectively solve the growing need for innovative hydrogen solutions. The proposed JV pilot project with AFCP is an active step towards progressing hydrogen innovation and combining the suite of technologies that will ultimately be needed for global hydrogen solutions in the future." said Channce Fuller, Chief Executive Officer of Progressus.

To reduce the CO2 emissions around the world, gas distribution companies and municipalities are setting-up projects to inject hydrogen into the local gas distribution grid. This gas mixture generally aims to contain up to 20% hydrogen and its use is targeted for residential and commercial buildings.

AFCP and Progressus will work together to execute a JV pilot project utilizing technologies from each company to provide in-field proof-of-concept, generate operational data that can inform continued development and market opportunities, and establish a platform to support future potential growth and additional partnerships. The exact location of the JV pilot project remains under consideration but initially, North America will be the focus with secondary priority given to potential future pilots in Europe.

Progressus technologies enable the extraction of dilute hydrogen from gas streams, a critical component as utility companies globally increasingly strive to inject hydrogen into natural gas streams. Progressus represents a solution that can extract the hydrogen at high efficiencies, complementing AFCP's low-cost combined heat and power (" CHP ") alkaline fuel cell and generator development.

The JV pilot project is designed to use the Progressus hydrogen separation technology to efficiently extract hydrogen at high purities from the existing natural gas grid, and then convert the purified hydrogen using either AFCP's 4 kW Micro-CHP or 4 kW generator to produce electricity, and potentially heat. This project could be put to immediate use in a residential home or commercial building, providing truly zero-emission power. AFCP has already identified interest from natural gas and electric utilities and municipalities to pilot the concept.

By accelerating the distribution of hydrogen through natural gas transportation networks, particularly in North America, sales of AFCP's alkaline fuel cell CHP units and generator systems could be rapidly scaled. Combining AFCP's and Progressus' technologies offers an ideal potential solution to support the generation of low carbon energy that contributes to the world's clean energy transition.

Figure 2- AFCP's conceptual designs for the 4 kW Micro-CHP and 10 kW Fuel Cell Generator systems

The energy sector currently contributes approximately three-quarters of global greenhouse gas emissions and is therefore simultaneously capable of averting the worst effects of climate change 1 . To reduce CO 2 emissions, gas distribution companies and municipalities are advancing projects that facilitate the injection of hydrogen into the local gas distribution grid as a cleaner energy source.

In the last two years alone, more than two dozen hydrogen injection projects have been announced in the U.S., with additional commitments outlined in early 2022 2 . With the passing of the Inflation Reduction Act (IRA), there is massive momentum building for additional investment in clean hydrogen solutions. Beyond the U.S., the largest global gas utilities (including SoCalGas, Enbridge, ATCO Gas, Snam SpA, Enagas S.A., and Open Grid Europe, to name a few) are all actively working on projects to inject hydrogen into their natural gas grids 3 .

The proposed pilot project would initially cover one extraction system linked to one 4 kW Micro-CHP or generator system, with expansion to a larger scale in future pilots designed to provide clean hydrogen and power for multiple residential users or commercial applications.

As the Company disclosed on August 26, 2002 , AFCP is expecting to have six prototype fuel cells to utilize within pilots, globally.

Outlook for Second Half of 2022

On June 20, 2002, the Company provided an outlook for the balance of 2022 and over the longer-term. As an example, the Company indicated that it will further accelerate and ramp up efforts to bring fuel cells to market, globally. The Company also indicated that it will look to secure additional strategic partnerships for the piloting and deployment of fuel cells in North America.

With this announcement, AFCP is pleased to continue to meet its outlook objectives for the second half of 2022.

Progress Clean Technologies (formerly AES-100 Inc.) is a venture stage green technology company focused on the development of novel hydrogen generation and separation technologies. Progressus Clean Technologies owns the exclusive rights and intellectual property pertaining to the Advanced Electrolyzer System for the production of hydrogen from dilute syngas.

ABOUT Alkaline Fuel Cell Power CORP. (NEO: PWWR)

AFCP is a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech. We bring ‘Power to the People' today, combining a stable revenue stream with a future- forward vision to commercialize our advanced hydrogen fuel cell technology to meet the massive global market need, and ultimately generate compelling returns for investors.

AFCP operates through two global entities: Fuel Cell Power NV, a wholly owned subsidiary in Belgium, and PWWR Flow Streams ("PWWR Flow"), an AFCP brand in Canada.

AFCP is well positioned to deliver ‘Power to the People' in the global energy transition while offering a diversified cleantech growth platform for investors.

Further information is available on the Company website at https://www.fuelcellpower.com/ , and the Company encourages investors and other interested stakeholders to follow it on:

LinkedIn , Twitter, Facebook, Instagram and YouTube. Common shares are listed for trading on the NEO Exchange ("NEO") under the symbol " PWWR ", the OTC Venture Exchange "OTCQB" under the symbol " ALKFF " and on the Frankfurt Exchange under symbol " 77R " and " WKN A3CTYF " .

For further information, please contact:

Frank Carnevale Chief Executive Officer +1 (647) 531-8264 fcarnevale@fuelcellpower.com

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "achieve". Forward-looking statements may include, but are not limited to, statements with respect to the Company's technology, intellectual property, business plan, objectives and strategy.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward- looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

NEITHER THE NEO EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE NEO EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

1 https://www.un.org/en/climatechange/net-zero-coalition 2 https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/gas-utilities-get-to-work-piloting-hydrogen-use-in-distribution-systems-69302367 3 https://www.reuters.com/business/cop/europes-gas-firms-prime-pipelines-hydrogen-highway-2021-11-18/

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/99e163be-2cf6-4133-b7e7-e24e48915eaa https://www.globenewswire.com/NewsRoom/AttachmentNg/3ab484da-9c44-4ccd-9a7b-5f4ef4d2966f

News Provided by GlobeNewswire via QuoteMedia

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