Mr. Andrew Shore reports

BOBA MINT OUTLINES PLANNED HEATCHECK REBRAND AND ASSET RESTRUCTURING AND ANNOUNCES CEASE TRADE ORDER

Boba Mint Holdings Ltd. is outlining planned corporate initiatives to align its identity with its gaming business, simplify its corporate structure and reduce debt.

Over the coming month, the company intends to advance a proposed name change to Heatcheck and restructuring opportunities involving unused assets while working to complete its outstanding audited annual financial statements.

The company also announces that on Nov. 3, 2026, the British Columbia Securities Commission (BCSC) issued a failure-to-file cease trade order (CTO) against the company under Multilateral Instrument 11-103 -- Failure-to-File Cease Trade Orders in Multiple Jurisdictions, resulting in a halt in trading of its common shares on the Canadian Securities Exchange (CSE). The company's board of directors and its management are working diligently to meet the company's obligations relating to the filing of the required filings as soon as possible, and seek revocation of the CTO and CSE approval to resume trading.

Heatcheck rebrand and asset restructuring

The proposed name change to Heatcheck is intended to align the company's corporate identity with its gaming business and strategic direction. The company intends to advance the change over the coming month, subject to applicable corporate and regulatory approvals, and will announce the effective date and any associated ticker change once confirmed.

Management is also reviewing opportunities to restructure unused assets with the objective of reducing debt and simplifying the company's corporate structure. These efforts are intended to reduce obligations associated with assets that are not contributing to current operations and focus resources on the company's active businesses. Further details will be announced as transaction terms and approvals are finalized.

Annual financial filings

The CTO was issued following the company's failure to file its audited consolidated financial statements for the year ended June 30, 2026, related management's discussion and analysis and management certifications by the prescribed deadline.

Completion of the audit has been delayed by outstanding financial information from an operating subsidiary following a change in that subsidiary's finance team. Management is working with the bookkeeping team to obtain the remaining information required by the auditors and complete the required filings.

About Boba Mint Holdings Ltd.

Boba Mint is a gaming and digital technology company pursuing a proposed transition to the Heatcheck name to align its corporate identity with its gaming business.

We seek Safe Harbor.