Mr. Larry Howard reports

AMCOMRI GRANTED MANAGEMENT CEASE TRADER ORDER

Amcomri Entertainment Inc.'s principal regulator, the British Columbia Securities Commission, has accepted the company's application for, and has granted, a management cease trade order (MCTO) dated April 3, 2024. As previously announced on March 19, 2024, the application for the MCTO was made by the company due to a delay in the filing of its consolidated audited annual financial statements, management's discussion and analysis, related officer certifications and annual information form for the year ended Dec. 31, 2023, by the filing deadline of April 2, 2024. The delay in completing the annual filings is to permit sufficient time for the company's auditor, MNP LLP, to complete its customary quality reviews with respect to significant risk areas for purposes of the annual filings.

During the currency of the MCTO, the general investing public, who are not insiders of the company, will continue to be able to trade in the company's listed shares. However, the company's directors and senior officers and other insiders will not be able to trade the company's shares until such time as the annual filings have been filed by the company and the MCTO has been lifted.

The company's board of directors and its management are working expeditiously to meet the company's obligations relating to the filing of the annual filings. At this time, the company anticipates being able to complete the annual filings on or about April 15, 2024.

During the MCTO, the company confirms that it will comply with the provisions of the alternative information guidelines set out in National Policy 12-203, Cease Trade Orders for Continuous Disclosure Defaults, for as long as it remains in default, including the issuance of biweekly default status reports, each of which will be issued in the form of a news release.

The company also confirms that there are no other material developments concerning the affairs of the company that has not been generally disclosed.

About Amcomri Entertainment Inc.

Amcomri Entertainment provides global distribution capabilities for independent movie, documentary and television series producers, as well as for its own in-house productions. With decades of experience across all key media platforms, Amcomri Entertainment is rapidly becoming the go-to team for independent producers seeking the broadest possible audience for their productions. The Amcomri Entertainment group of companies includes 101 Films, 101 Films International, Hollywood Classics International, Amcomri Productions, Appreciated Media Global, Amcomri Productions and Abacus Media Rights.

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