(via TheNewswire)

Vancouver, British Columbia, Canada – September 13, 2024 – TheNewswire – GOAT Industries Ltd. (“Company” or “GOAT”) (CSE: GOAT) (OTC: BGTTF) (FWB: 26B.F) is pleased to announce that it intends to adopt a revised investment policy which broadens the scope of permitted investments (the “Revised Investment Policy ”). The Revised Investment Policy, if adopted, would allow the Company to invest in any industry or sector, subject to certain specified investment criteria. The paramount goal of the Revised Investment Policy is to allow management of the Company to generate maximum returns from its investments, and management of the Company believes that broadening the scope of the Revised Investment Policy furthers that goal.

In order to proceed with implementing the Revised Investment Policy, the Company intends to obtain majority shareholder approval (the “Shareholder Approval ”) at the Company’s Annual General and Special Meeting scheduled for October 10, 2024. Implementation of the Revised Investment Policy is subject to receipt of the Shareholder Approval, as well as acceptance from the Canadian Securities Exchange (the “CSE ”).

ABOUT GOAT INDUSTRIES LTD.

GOAT is an investment issuer focused on investing in high-potential companies operating across a variety of industries and sectors. The paramount goal of the Company is to generate maximum returns from its investments.

For more information about the Company, please visit https://www.goatindustries.co/ . The Company’s final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR+ at www.sedarplus.ca .

ON BEHALF OF THE BOARD OF DIRECTORS

Chief Executive OfficerMichael Leahy

Head OfficeSuite 2300, 550 Burrard Street, Vancouver, BC V6C 2B5

Telephone1-204-801-3613

Websitewww.goatindustries.co  

Emailinfo@goatindustries.co  

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including in relation to the Company’s intention to obtain security holder approval for and implement the Revised Investment Policy. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including the risks that the security holders may not approve the Revised Investment Policy and the Revised Investment Policy may not be implemented as contemplated or at all. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may terminate and not proceed with the implementation of the Revised Investment Policy, or that the Revised Investment Policy will not be successfully implemented for any reason (including failure to obtain the Shareholder Approval or acceptance from the CSE). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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