Mr. Blair Wilson reports

FORBIDDEN SPIRITS RECTIFIES PRIOR ANNOUNCEMENT CONCERNING CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT

Forbidden Spirits Distilling Corp. has retracted its prior announcement dated Dec. 6, 2024, concerning the closing of a second tranche of the company's non-brokered private placement of convertible notes for aggregate gross proceeds of $25,000. The subscriber under the second tranche did not advance the subscription funds to the company and as a result the convertible debentures were not issued. The company confirms that it did not pay any finders' fees in connection with the second tranche.

The completion of the first tranche of the private placement remains subject to the receipt of all requisite approvals, including the final acceptance of the exchange.

About Forbidden Spirits Distilling Corp.

Forbidden Spirits is a fast-growing craft distillery and trades under the ticker symbol VDKA on the TSX Venture Exchange.

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