File: '\\swfile\EmailIn\20240820 105540 Attachment Press Release 08-20-2024 Maple Leaf Announces Revocation of Cease Trade Order by ASC.docx'

Maple Leaf Announces Revocation of Cease Trade Order by

Alberta Securities Commission

FOR IMMEDIATE RELEASE August 20, 2024

CALGARY, ALBERTA - Maple Leaf Green World Inc. ("Maple Leaf" or the "Company"), (CSE: MGW), (OTCIQ: MGWFF), is pleased to announce that on August 19, 2024, the Alberta Securities Commission (the "ASC"), the Company's principal regulator, issued a full revocation of the failure-to-file cease trade order that it previously issued against the Company dated July 15, 2024 (the "FFCTO"). The Revocation comes as a result of the Company filing the outstanding annual and quarterly continuous disclosure filings as required under Parts 4 and 5 of National Instrument 51-102 - Continuous Disclosure Obligations and pursuant to National Instrument 52-109 - Certification of Disclosure in Issuer's Annual and Interim Filings, that had triggered the issuance of the FFCTO (the "Annual Filings and Quarterly Filings"), as further described in the Company's news releases dated August 8, 2024 and August 14, 2024 respectively. Copies of the Annual Filings and Quarterly Filings are available on the Company's SEDAR+ profile at www.sedarplus.ca.

With the revocation of the FFCTO, trading in the common shares of the Company through the facilities of the Canadian Securities Exchange (the "CSE") is expected to resume in the coming business days.

The Company is finalizing the interim financial statements and management discussion and analysis for the period ended June 30, 2024 (the "Q2 Filings") , and shall file the same before August 29, 2024.

About Maple Leaf Green World Inc.

Maple Leaf is a public Canadian company that is focused on the health and wellness industry in North America and China. With a long-term vision to expand its renewable energy portfolio, Maple Leaf aims to contribute to a greener and more sustainable future. The Company's common shares are listed for trading on the Canadian Securities Exchange ("CSE") under the symbol "MGW" and on the OTC Pink under the symbol "MGWFF."

For further information, please contact:

Maple Leaf Green World Inc.

Raymond Lai, Chairman, President & CEO

Email: rlai@mlgreenworld.com;

Tel: (403) 907-3715

Cautionary Statement Regarding Forward Looking Information

Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of applicable securities legislation that involve risks and uncertainties relating, but not limited, to Maple Leaf's current expectations, intentions, plans, and beliefs. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "target", "intend", "estimate", "could", "should", "may" and "will" or the negative of these terms or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Examples of forward-looking information in this news release include, without limitation: the timing of reinstatement of Trading of the Company's shares on the CSE and Q2 Fillings. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.

Security holders, potential security holders and other prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Such risks include the factors discussed from time to time in Maple Leaf's filings with the Canadian Securities Authorities, copies of which can be found under Maple Leaf's profile on the SEDAR+ website at www.sedarplus.ca. Security holders, potential security holders and other prospective investors are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Maple Leaf undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.