TAAT Lifestyle & Wellness Ltd. Announces Name Change to TAAT Global Alternatives Inc. Effective Wednesday, April 28, 2021

LAS VEGAS and VANCOUVER British Columbia, April 26, 2021 (GLOBE NEWSWIRE) -- TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT”) announces that pursuant to a directors’ resolution, as of commencement of trading on Wednesday, April 28, 2021, the Company’s name will be changed from TAAT Lifestyle & Wellness Ltd. (the “Former Name”) to TAAT Global Alternatives Inc. (the “Updated Name”).

There will be no change to the symbol, the Company’s common shares will continue to trade under the ticker “TAAT” on the Canadian Securities Exchange. The CUSIP number assigned to the Company’s shares following the name change to the Updated Name is 87320M101 (ISIN: CA87320M1014).

No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged.

Any questions regarding the upcoming change from the Company’s Former Name to its Updated Name can be directed to TAAT Investor Relations by email at [e-mail] or by telephone at 1-833-TAAT-USA (1-833-822-8872).

TAAT CEO Setti Coscarella commented, “Now that we have gained momentum in the USD $814 billion global tobacco industry, we have determined it to be important to ensure the most prominent identifying attributes of the Company reflect our mission and business objectives. Last week, we announced our Beyond Nicotine initiative based on reports that the Biden administration plans to take action to reduce nicotine content in tobacco cigarettes sold in the United States. Our value proposition is built around offering a better alternative for smokers aged 21+, giving them the choice to keep the experiences they enjoy while leaving nicotine behind. With over 1.3 billion users of tobacco worldwide, we believe TAAT and its Beyond Tobacco base material are relevant globally, which led to our Board of Directors agreeing on the Updated Name.”

On behalf of the Board of Directors of the Company,

TAAT LIFESTYLE & WELLNESS LTD.

“Setti Coscarella”

Setti Coscarella, CEO and Director

For further information, please contact:

TAAT Investor Relations
1-833-TAAT-USA (1-833-822-8872)
[e-mail]

THE CANADIAN SECURITIES EXCHANGE (“CSE”) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE’S REGULATION SERVICES PROVIDER.