Mr. Talal Yassin, a shareholder, reports

Ty & Sons Investments Inc., a holding company controlled by Talal Yassin, has acquired control and direction over 50,000 common shares of Good Purpose Investments Inc. through an acquisition on the Canadian Securities Exchange. The purchased shares represent approximately 0.12 per cent of the issued and outstanding common shares of the company and were acquired at a price of 20 cents per purchased share.

Prior to the acquisition, Mr. Yassin had control and direction over an aggregate of 4,026,339 common shares in the capital of the company, of which 1,709,759 were held by Mr. Yassin personally and 2,316,580 were held by Ty & Sons, 50,000 share purchase warrants, which are held by Mr. Yassin personally, and a convertible debenture in the principal amount of $547,994, which is held by Northbay Capital Partners Corp. The warrants entitle the holder to purchase an equivalent number of common shares at a price of $1.25. The debenture entitles the holder to convert the principal amount into 2,739,970 units of the company at a price of 20 cents per unit. Each unit consists of one common share and one share purchase warrant exercisable at a price of 40 cents.

The 4,026,339 common shares controlled by Mr. Yassin prior to the acquisition represented approximately 9.93 per cent of the total number of issued and outstanding common shares. If all of the warrants controlled by Mr. Yassin were exercised, and the debenture was converted in its entirety into units and the resulting share purchase warrants were exercised, prior to the acquisition, Mr. Yassin would have control and direction over an aggregate of 9,556,279 common shares, representing approximately 20.73 per cent of the issued and outstanding common shares on a partially diluted basis. Immediately following the acquisition, Mr. Yassin has control and direction over an aggregate of 4,076,339 common shares, representing approximately 10.05 per cent of the company's issued and outstanding common shares, 50,000 warrants and the debenture. If all of the warrants controlled by Mr. Yassin were exercised, and the debenture was converted in its entirety into units and the resulting share purchase warrants exercised, immediately following the acquisition, Mr. Yassin would have control and direction over an aggregate of 9,606,279 common shares, representing approximately 20.84 per cent of the issued and outstanding common shares on a partially diluted basis.

The purchased shares were acquired for investment purposes. Depending on market conditions, Mr. Yassin, Ty & Sons, or Northbay, may, from time to time, acquire additional securities, exercise warrants, convert any portion of the debenture, dispose of some or all of the existing or additional securities, or continue to hold the securities of the company.

This press release is being issued pursuant to the requirements of National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues) of the Canadian Securities Administrators. For further information and to obtain a copy of the early warning report that will be filed under applicable Canadian securities laws in connection with the acquisition, please contact Mr. Yassin or see the profile for the company on the SEDAR+ website.