UMeWorld Limited Updates Investors on Acquisition, Uplist and Relocation - Seite 2

The company has set a timeline of 90 days to execute on its acquisition and uplisting plan. Post acquisition the company will relocate its headquarters to Miami, FL and initiate the uplisting process to the NASDAQ stock exchange. UMEWF currently has secured interests from an investment banker, a notable financier of small cap companies, to underwrite the move once the application has been submitted.

About UMeWorld:

UMeWorld is pioneering the future of weight conscious cooking oils and biofuel based renewable energy by bringing proprietary enzymatic refining technologies to the United States. UMEWF is building a comprehensive offering for ESG investors by utilizing 100% all natural refining processes with cooking oils and biofuels, and downstream value-added investment opportunities to environmentally conscious investors. Our mission is to become a notable supplier of a greener, healthier product line in two verticals, meeting the diverse needs of health ranging from food and feed to oleochemicals and biofuels. Join us on this exhilarating journey towards a sustainable and health-conscious future.

Enzymatic oil refining; The enzymatic oil refining process is a modern, eco-friendly alternative to conventional chemical refining methods used for edible oils. This process involves using specific enzymes to catalyze reactions that can refine oils by removing unwanted compounds such as free fatty acids, phospholipids, and pigments, which affect the taste, color, and stability of the oil.

About Dagola Inc.

Dagola Inc. is a wholly-owned U.S. subsidiary of UMeWorld Limited. Dagola Inc. is engaged in the sales and marketing of novel foods in North America. For more information about Dagola Inc., please visit www.dagolaoil.com.

Forward-Looking Statements

This press release may contain forward-looking statements, about UMeWorld's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, UMeWorld or its representatives have made or may make forward-looking statements, orally or in writing.

Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by UMeWorld with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of UMeWorld's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause UMeWorld's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause UMeWorld's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in UMeWorld's filings with the SEC. In addition, UMeWorld operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. UMeWorld does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors associated with an investment in our securities which are included in our Annual Report on Form 20-F and other periodic and current reports filed with the Securities and Exchange Commission.