Mr. Peter Hughes reports

NAVION CAPITAL II ANNOUNCES TERMINATION OF LETTER OF INTENT

Navion Capital II Inc. has terminated its previously announced non-binding letter of intent (LOI) with Maple Brain Healthcare Inc. dated Oct. 24, 2025, regarding a proposed qualifying transaction as such term is defined in Policy 2.4, Capital Pool Companies, of the TSX Venture Exchange corporate finance manual.

Navion will continue to evaluate assets and businesses, including monitoring the progress of Maple Brain as it continues to develop its business, with a view of completing a qualifying transaction. In accordance with the policies of the TSX-V, the company will request a resumption of trading of its common shares and expects resumption of the same.

About Navion Capital II Inc.

The company is a capital pool company created pursuant to the policies of the TSX-V. The company has not commenced operations and has no assets other than cash. The company's principal business is the identification and evaluation of assets or businesses with a view to completing a qualifying transaction under the policy. As of the date hereof, the company has 4.6 million common shares issued and outstanding, and 460,000 options and 250,000 agent options, exercisable before five years from the date of issuance at a price of 10 cents per common share.

We seek Safe Harbor.