Change to Location of Special Meeting

Pinehurst Capital II Inc.

Change to Location of Special Meeting

TORONTO, April [8], 2022 (GLOBE NEWSWIRE) — Pinehurst Capital II Inc. (TSXV: PINHP) (the "Corporation" or "Pinehurst"), a capital pool company listed on the TSX Venture Exchange, announces a change to the location of its special meeting to be held on April 14, 2022 at 10:00 a.m. (Toronto time) (the "Meeting").

The new location for the Meeting will be 130 King St. West, Suite 2210, Toronto, Ontario, M5X 1E4. There is no change in the date or time of the Meeting.

Vote by proxy – Instructions for voting by proxy are contained in the March 23, 2022 Notice of Meeting and accompanying Management Information Circular and Instrument of Proxy sent to shareholders.

For more information concerning the Corporation, please refer to the Corporation’s profile on the SEDAR website at www.sedar.com.

For further information, please contact:

David Rosenkrantz Pinehurst Capital II Inc., CEO e: [email protected] p: +1 416-865-0123

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.

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