Mr. Philip Wong reports

BLUE HORIZON ANNOUNCES STRATEGIC ACQUISITION OF MISS GLOBE GROUP INC.

Blue Horizon Global Capital Corp. has entered into a securities purchase agreement dated as of Jan. 26, 2024, with Miss Globe Group Inc. (MGGI), an arm's-length party to the company.

Pursuant to the terms of the agreement, the company has agreed to acquire two million common shares in the capital of MGGI at price of $2.10 per MGGI share. The purchased MGGI shares represent approximately 20 per cent of the issued and outstanding securities in the capital of MGGI.

The purchase price for the purchased MGGI shares is $4.2-million. The purchase price will be satisfied through a combination of cash and/or securities in the capital of the company. In the event that company satisfies the purchase price in full through the issuance of securities, the maximum number of common shares to be issued will be 10.5 million common shares. The consideration shares will be issued at a deemed price of 40 cents per consideration share.

"The acquisition of a 20-per-cent interest in MGGI represents a significant milestone in the expansion of BHCC's portfolio," stated Philip Wong, the chief executive officer of the company. "This strategic acquisition underscores the company's dedication and commitment to identifying and investing in promising opportunities that align with its long-term vision and corporate strategy. We feel that this transaction positions the company at the forefront of innovation and growth in the global market. The company looks forward to working collaboratively with MGGI to capitalize on the immense potential of this partnership and drive mutual success."

About Blue Horizon Global Capital Corp.

Blue Horizon is an investment company whose primary objective is to identify promising companies with excellent projects, innovative technologies or both, using management's extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the aim of generating returns from capital appreciation and investment income. It intends to accomplish these goals through the identification of and investment in securities of private and publicly listed entities across a wide range of sectors and industry areas, including but not limited to the technology, software development and biotechnology industries.

We seek Safe Harbor.