Early Warning Report for Almo Capital Corp.

NEWS RELEASE EARLY WARNING REPORT FOR ALMO CAPITAL CORP.

Vancouver, B.C., March 23, 2016 – 1062954 B.C. Ltd. (the “Offeror”) announces that it purchased, and acquired ownership and control over, 2,200,000 common shares (the “Shares”) of Almo Capital Corp. (the “Issuer”) pursuant to a share purchase agreement, which represents approximately 41% of the issued and outstanding common shares of the Issuer.

After the transaction, the Offeror owned and controlled 3,400,000 common shares of the Issuer representing approximately 63.5% of the Issuer’s total issued and outstanding common shares.

The transaction was a private transaction and did not occur on any market. The Offeror acquired the Shares for total cash consideration of $25,000 Canadian dollars, representing an approximate value per Share of $0.01136.

The common shares of the Issuer were acquired for investment purposes. The Offeror may, directly or indirectly, depending on market and other conditions, acquire beneficial ownership of, control or direction over, additional common shares or other securities of the Issuer, through market transactions, private agreements or otherwise. The Offeror may, depending on market and other conditions, sell any or all of its securities in the Issuer.

This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues which requires a report to be filed under the Issuer’s profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters.

For inquiries or a copy of the related early warning report required under Canadian provincial securities legislation, a copy of which has also been filed on www.sedar.com, please contact:

1062954 B.C. Ltd.

Contact person: Barry Miller 3268 Highway 97 Okanagan Falls, B.C., V0H 1T0 Telephone: 778-232-1878