Promino Announces Closing of Third Tranche of Private Placement - Seite 2

The Company also produces Promino™ - NSF Certified for Sport®, trusted by elite athletes. Promino's ambassadors include Stanley Cup Champion Jack Eichel (Vegas Golden Knights) and MLB legend José Bautista.

Learn more at www.drinkpromino.com and www.rejuvenatemuscle.com.

Forward-Looking Statements and Financial Outlook

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by terms such as "will", "may", "should", "anticipates", "expects", "intends", "plans", "believes", "estimates" and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements regarding: the completion of the remainder of the Company's private placement; the anticipated use of proceeds of the Third Tranche; and the receipt of all required regulatory approvals, including acceptance by the Canadian Securities Exchange. Forward-looking statements are based on a number of assumptions made by management that the Company believes to be reasonable in the circumstances, including assumptions regarding general economic and market conditions, continued consumer demand for the Company's products, the Company's ability to execute on its business plan, and the absence of material adverse changes affecting the Company or its industry. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or developments to differ materially from those expressed or implied by such statements, including, without limitation: the Company may not complete the remainder of its private placement on terms favorable to the Company or at all; the Canadian Securities Exchange may not approve the Third Tranche or the remainder of the private placement; the proceeds of the Third Tranche may not be used as stated in this news release; the Company may be unable to satisfy all of the conditions to closing of the private placement; and those additional risk factors described in the Company's continuous disclosure documents filed on SEDAR+ at www.sedarplus.ca, including the Company's most recent management's discussion and analysis. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.

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