Mr. John McMullen reports

LGC CAPITAL LTD ANNOUNCES NEW ADDITION TO THE EXECUTIVE TEAM

LGC Capital Ltd. has hired a corporate controller.

Kym No, CPA, CMA, was recently the chief financial officer of a Toronto-based member investment firm that conducted business on behalf of its clients on a global basis. With over 18 years of experience working in finance, accounting and taxation, many of which were in the public sector at an international level, Ms. No brings additional depth and corporate governance to LGC's global investment portfolio of companies.

As corporate controller, Ms. No will be responsible for all the tasks normally associated with the position and work with LGC's chief executive and the chief financial officers and be responsible for the preparation of related budgets, press releases and other information destined for the investment community.

LGC Capital has also opened its new Toronto office within the downtown financial core, out of which the chief executive officer and corporate controller will operate. This office will also house the investee partners.

John McMullen, CEO of LGC, stated: "I am very pleased to announce Ms. No has joined LGC's executive team. Adding multiple levels of responsible corporate governance ensures that LGC Capital is even more equipped to achieve its corporate and investment goals within the global cannabis sector for our investors. I and the rest of the LGC executive team, along with our investee companies, look forward to working with Ms. No."

About LGC Capital Ltd.

LGC Capital is a Canadian incorporated public company listed on the TSX Venture Exchange. LGC's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services with an emphasis on significant investments in global medical cannabis sector.

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