Mr. Brian Wilneff reports

ALPHA METAVERSE ANNOUNCES PLANNED NAME CHANGE TO ALPHAGEN INTELLIGENCE CORP. (CSE: AIC)

Alpha Metaverse Technologies Inc. plans to change its name to AlphaGen Intelligence Corp., and its ticker symbol from ALPA to AIC, subject to the approval of the Canadian Securities Exchange. The company expects the name and ticker changes to take effect on June 14, 2023, and for its common shares to begin trading on the CSE under the new name and new ticker symbol on such date. The company will also be assuming a new Cusip number (02080J107) and a new ISIN (CA02080J1075) for its common shares.

About Alpha Metaverse Technologies Inc.

Alpha Metaverse Technologies is a publicly traded company holding a portfolio of assets in metaverse, gaming and generative artificial intelligence. Operational units include: Shape Immersive, a full-service metaverse studio building the future of Web 3.0 gaming and virtual retail experiences for Fortune 500 companies and beyond through 3-D (three-dimensional), NFT (non-fungible tokens), XR (extended reality) and game production; Mana, a custom-built SaaS (software-as-a-service) solution and innovation lab that empowers partner companies to level up their community engagement by launching their own gaming platforms; and GamerzArena, a gaming platform that provides an e-sports ecosystem for all gamers. The platform provides video game contests for top titles where gamers can compete for cash and prizes. Alpha clients and partners include RTFKT, Olympics, Star Altas, Red Bull, Intel and TED.

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