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Calgary, Alberta – TheNewswire - April 2, 2026 - Constellation Capital Corp. ( TSXV: CNST.P) (“ Constellation ”) announces that it has entered into an agreement to extend the deadline for all conditions to be met for the completion of the proposed business combination with Active Witness Corp. (the “ Proposed Transaction ”) previously announced by Constellation on September 29, 2025 and February 9, 2026 from April 15, 2026 to August 31, 2026.

Constellation is a Capital Pool Company under the policies of the TSX Venture Exchange (the “ Exchange ”).  The Proposed Transaction is subject to the review and approval of the Exchange.  If approved, the Proposed Transaction will constitute Constellation’s Qualifying Transaction, as that term is defined under Policy 2.4 of the Exchange.  If approved, upon Closing, Constellation will be listed on the Exchange as an Industrial or Technology or Life Sciences issuer.

About Active Witness

Active Witness is a private company incorporated under the laws of British Columbia and is arm’s length to Constellation.  Founded in 2018, Active Witness is a British Columbia-based technology company. It is in the business of licensing its proprietary access control software which controls access or entry into secured facilities such as offices, warehouses, data centers and other facilities requiring access control. The software is a modern control solution that combines cloud-based software, regenerating QR mobile credentials, optional facial authentication, and a built-in video intercom for secure and convenient facility entry.

About Constellation

Constellation is a Capital Pool Corporation under the policies of the Exchange.  If completed, the Transaction will constitute Constellation’s Qualifying Transaction under the policies of the Exchange.

Pursuant to the policies of the Exchange, trading of the shares of Constellation has been halted on the Exchange and will remain halted until the conditions of the Exchange for the resumption of trading have been met.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Dayton Marks

Chief Executive Officer and Director
(778) 347-2500

Completion of the Proposed Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this press release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions and expectations regarding the future, including, but not limited to, Constellation’s completion of the Proposed Transaction and related transactions, the completion of the Bridge Financing or the Concurrent Private Placement, the conditions to be satisfied for the completion of the Proposed Transaction, and the resumption of trading. Such statements are not guarantees of future performance. They are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Constellation. Such factors include, among other things, the fact that sufficient funds may not be available or raised pursuant to the concurrent financing, as well as other risks that are customary to transactions of this nature. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Constellation will obtain from them. Except as required under applicable securities legislation, Constellation undertakes no obligation to publicly update or revise forward-looking information should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

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