Mr. Charlie Lamb reports

POTENT VENTURES COMPLETES CHANGE OF BUSINESS - ANNOUNCES NAME CHANGE TO "THE GUMMY PROJECT INC." AND CHANGE OF ITS TICKER SYMBOL TO "GUMY"

Potent Ventures Inc. has received shareholder approval and final approval from the Canadian Securities Exchange for its previously announced change of business from an issuer operating in the cannabis sector to an issuer focused on the branded gummy and wellness space. The company has changed its name to "The Gummy Project Inc.", but will continue to trade under its current stock symbol "POT" until it receives its new CUSIP and ISIN reflecting the name change. Following receipt of the CUSIP and ISIN, the Company will issue a press release advising of same and after that time the Company's common shares will trade under the stock symbol "GUMY". No action is required by shareholder as a result of the name and CUSIP change.

"We are extremely pleased to have completed the Change of Business and look forward to executing our business plan in the coming months. The name and ticker change are necessary as part of the overall proposed rebranding process and to accurately reflect our primary business strategy moving forward," said Charlie Lamb, President and CEO of the Company.

The transaction was considered a Fundamental Change pursuant to the policies of the CSE and was subject to shareholder approval and CSE review. A listing statement containing more details of the transaction has been filed with the CSE on its website as well as on www.sedar.com. The Company expects its shares will commence trading under the symbol GUMY on the CSE on or before Thursday, June 2, 2022.

ABOUT POTENT VENTURES

We are a growing community of individuals and organizations who believe small contributions can add up to something big. We sell low sugar, plant based gummy products while raising money (and awareness) to support endangered keystone species. We are the only "better for you" candy company that is built to support our planet's most precious species and ecosystems, while educating our future generations on the steps we must take today, to ensure a viable tomorrow.

We seek Safe Harbor.