Mr. Philip Wong reports

BLUE HORIZON ANNOUNCES CSE APPROVAL OF CHANGE OF BUSINESS AND COMMENCEMENT DATE OF TRADING

Further to Blue Horizon Global Capital Corp.'s press releases of Nov. 30, 2023, June 30, 2023, June 8, 2023, Jan. 19, 2023, June 6, 2022, and Dec. 7, 2021, the Canadian Securities Exchange (CSE) has given its final approval to the company's change of business (COB) from a technology company to an investment company, which was approved by the company's shareholders on June 7, 2023.

The company's common shares will commence trading on the CSE on Thursday, Dec. 28, 2023, under the new name Blue Horizon Global Capital and new ticker symbol of BHCC.

There are 429,255,325 common shares issued and outstanding and 12,766,667 common share purchase warrants. Additional information about the company can be found in the company's filing statement dated Dec. 13, 2023, as filed under the company's profile on SEDAR+.

Acquisition of securities

As announced on Jan. 19, 2023, the company entered into securities purchase agreements with each of Robotic StemCell BioTech Ltd., Blockchain Assets Management Group Ltd. (BAM) and 14125339 Canada Inc. (1412).

Pursuant to the purchase agreements, the company issued an aggregate of 169,286,894 common shares on Dec. 12, 2023. The consideration shares were issued as follows:

1. 27,644,444 consideration shares in exchange for 27,644,444 common shares in the capital of Robotic (which represents approximately 20 per cent of the issued and outstanding securities in the capital of Robotic);
2. 99,554,560 consideration shares in exchange for 11,111 common shares in the capital of BAM (which represents approximately 10 per cent of the issued and outstanding securities in the capital of BAM);
3. 42,087,890 consideration shares in exchange for 19,875,156 common shares in the capital of 1412 (which represents approximately 20 per cent of the issued and outstanding securities in the capital of 1412).

Private placement

The company is also pleased to announce that, on Dec. 12, 2023, it issued an aggregate of 2,166,667 units of the company at a price of 30 cents per unit for aggregate gross proceeds of $650,000. Each unit comprises one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of 35 cents per warrant at any time until 5 p.m. on Dec. 12, 2024.

Resignation

The company also announces that Jay Vieira has resigned as a director of the company for personal reasons. The company will initiate a search for a replacement director. The company would like to thank Mr. Vieira for his many contributions to the company's success and wish him success in his future endeavours.

About Blue Horizon Global Capital Corp.

Blue Horizon is an investment company whose primary objective is to identify promising companies with excellent projects, innovative technologies or both, using management's extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the aim of generating returns from capital appreciation and investment income. It intends to accomplish these goals through the identification of and investment in securities of private and publicly listed entities across a wide range of sectors and industry areas, including but not limited to the technology, software development and biotechnology industries.