File: '\\swfile\EmailIn\20240322 102137 Attachment Global Compliance Applications Corp. - News Release - Warrant Extension [March 2024].docx'

PO Box 43, Suite 830, 1100 Melville Street

Vancouver, BC Canada V6E 4A6

LEGAL_43483068.1

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Global Compliance Applications Corp. Announces Extension of Warrants

Vancouver, British Columbia, Canada, March 22, 2024 - Global Compliance Applications Corp. ("GCAC" or the "Company") (CSE: APP, FSE: 2FA, OTC Pink: FUAPF) announces that it intends to extend the expiry date of an aggregate of 19,556,819 common share purchase warrants (the "Warrants") by one year to March 25, 2025.

The Warrants were originally issued on September 25, 2020 and were set to expire on September 25, 2023. However, in September 2023 the Company extended the expiry date of the Warrants for a period of six months and the Warrants are currently set to expire on March 25, 2024. Each Warrant entitles the holder thereof to acquire one common share in the capital of the Company at a price of $0.05 per common share. Of the 19,556,819 Warrants outstanding, 13,636,365 are held by insiders of the Company. All other terms of the Warrants, including the exercise price, will remain unchanged.

About GCAC

GCAC is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. GCAC's leading solution is Efixii, an Ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer- 2's, such as Polygon. GCAC can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain dApps that allows for data connectivity to drive better consumer experiences and sales. GCAC created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (Environmental, Social & Governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value, or truthness, through a reward program. GCAC works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS licensing model.

For more Company information, please visit www.gcac.tech or review its profiles on www.sedarplus.ca and on the Canadian Securities Exchange's website www.thecse.com.

Press Contact

Phone: +1 (800) 409-5679

Email: info@cannappscorp.com

Forward-Looking Information

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.

The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.