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Maple Leaf Green World Inc
Symbol MGW
Shares Issued 27,477,394
Close 2025-05-06 C$ 0.025
Market Cap C$ 686,935
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Maple Leaf Green receives failure-to-file CTO

2025-05-07 14:53 ET - News Release

Subject: News Release PDF Document

File: Attachment Press Release May 07-2025 Maple Leaf Announces Receipt of FFCTO.pdf

Maple Leaf Green World Inc. Announces Receipt of Failure to File Cease Trade Order By ASC

FOR IMMEDIATE RELEASE May 07, 2025

CALGARY, ALBERTA Maple Leaf Green World Inc. ("Maple Leaf" or the "Company"), (CSE: MGW), (OTCQB: MGWFF), announces that that the Alberta Securities Commission (the "ASC") has issued a failure to file cease trade order ("FFCTO") prohibiting the trading by any person of any securities of the Company in Canada, including trades in the Company's common shares made through the Canadian Securities Exchange.

The FFCTO was issued as a result of the delay in filing the Company's annual information form for the year ended December 31, 2024, audited annual consolidated financial statements for the year ended December 31, 2024, the related management's discussion and analysis of financial condition and results of operations and CEO and CFO certificates relating to the audited annual financial statements as required by National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the "Required Documents") beyond the April 30, 2024 filing deadline.

The Company is working diligently with its auditor to facilitate the completion of the audit of the annual consolidated financial statements and expects to be in a position to file the Required Documents within the next 45 days. The Company anticipates that the FFCTO will remain in place until such time as the Required Documents are filed.

For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.

About Maple Leaf Green World Inc.

Maple Leaf is a forward-thinking company dedicated to sustainable development and economic revitalization. With a strategic focus on innovative greenhouse operations, Maple Leaf is committed to advancing eco-friendly agricultural practices, including vertical growth and hydroponic feeding systems. With a strong commitment to sustainability, Maple Leaf is also investing in solar energy solutions to ensure a zero-emission, self- sufficient operation. Backed by interest from global investors, Maple Leaf is poised to create new employment opportunities and contribute to affordable housing development, reinforcing its role as a leader in responsible and innovative growth.

Cautionary Statement Regarding Forward Looking Information

This news release contains statements that are forward-looking, such as those relating to the Company's potential responses to the Annual Filings delay, potential results of the Annual Filings delay, and the expected timing for filing of the Annual Filings. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the dates the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company, including its annual information form for the year ended December 31, 2024 and financial statements and related MD&A for the financial years ended December 31, 2024 and 2023, along with the accompanying MD&A, filed with the securities regulatory authorities in certain provinces of Canada and available on SEDAR+ at sedarplus.ca. The forward-looking statements contained in this document are as of the date of this document and are subject to change after this date. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward- looking statements. Maple Leaf disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.

Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

Please contact:

Raymond Lai, Chairman, President & CEO Email: rlai@mlgreenworld.com; Tel: (403) 907-3715

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