1329306 B.c. Ltd. Announces Changes to Management and Board

1329306 B.C. LTD.

1329306 B.C. LTD. ANNOUNCES CHANGES TO MANAGEMENT AND BOARD

Toronto, Ontario – January 4, 2023 – 1329306 B.C. Ltd. (the “Company”) announces the resignation of

Albert Contardi as President, Chief Executive Officer and director of the Company, effective immediately.

The Company would like to thank Mr. Contardi for his contribution to the Company and wishes him all the

best in his future endeavours.

Jen Thor has been appointed P resident and Chief Executive Officer of the Company and Carly Burk has

been appointed as a director of the Company, effective immediately.

Jen Thor, President and Chief Executive Officer – Ms. Thor is a Law Clerk at Irwin Lowy LLP. Ms. Thor

is Chief Executive Officer of Interactive Capital Partners Corporation and serves or has served as an officer

and/or director of several public companies. Ms. Thor is a member of the Institute of Law Clerks of Ontario.

Carly Burk, Director – Ms. Burk is a Student-At-Law at Irwin Lowy LLP. Ms. Burk holds a Bachelor of

Laws from the University of Southampton, a Certificate of Qualification from the Federation of Law

Societies and a Bachelor of Arts (Honours) from Carleton University. Ms. Burk serves as an officer and/or

director of several public and private entities.

For further information, please contact:

Jen Thor

President and Chief Executive Officer

Tel: (416) 361-2820

This news release contains certain “forward-looking information ” within the meaning of applicable securities law. Forward

looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”,

“estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or

conditions “may” or “will” occur. These statements are only predictions. Forward -looking information is based on the opinions

and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other

factors that could cause actual events or results to differ materially from those projected in the forward -looking information. For

a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s

Management’s Discussion and Analysis. The Company undertakes no obligation to update forward -looking information if

circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place

undue reliance on forward-looking information.