Mr. Mehdi Azodi reports

BELGRAVIA HARTFORD PROVIDES CORPORATE UPDATE

Belgravia Hartford Capital Inc. has provided a corporate update on the following matters.

Zonetail

After analyzing the various attempts by Zonetail to raise capital for the last 18 months, Belgravia came to the realization that the outstanding debt of $325,000 with the 18-per-cent interest which Belgravia provided to Zonetail cannot be paid back. Belgravia provided a full summary of the investments and events on Dec. 21, 2022. On Sept. 20, 2023, at the request of Belgravia, the management of both companies met to amicably discuss a resolution and path going forward. In 2018, after a series of equity investments, Belgravia provided Zonetail with a timely loan of $325,000 in good faith at the frequent request of Zonetail's management. Belgravia, at the request of Zonetail, extended the debt out one full year in order to ensure the public listing of Zonetail remained on schedule, which benefited all shareholders and stakeholders. After a series of equity investments in 2018, Belgravia had committed $876,600 and lost the majority of its holding value due to the performance of Zonetail while listed on the TSX Venture Exchange. In addition, Belgravia made available numerous professional staff to provide timely corporate governance, administrative assistance and further guidance to ensure the public listing of Zonetail remains on schedule. Belgravia has agreed to write off the loan and drop litigation versus Zonetail. In return, the claim against Belgravia will also be dropped.

Tartisan Nickel

Belgravia will no longer seek to nominate a director to the board of Tartisan and will not seek to collect any amounts in connection to the management service agreement. Belgravia's claim against Tartisan and D. Mark Appleby and Tartisan's counterclaim have been dismissed.

Mehdi Azodi, chief executive officer of Belgravia, stated, "We wish only the best for the shareholders of Zonetail and Tartisan and their respected management teams in executing their business strategy for prosperous and successful years ahead."

Litigation versus PolyNatura

Belgravia will now fully direct its efforts and working capital on monetizing the $12.2-million (U.S.) royalty from the Ochoa asset. Belgravia announced in December it would provide an update on the litigation matter against PolyNatura, a company controlled by Cartesian Capital, and it will in due course. In addition to Spencer Edelman at the law firm of Modrall Sperling to manage this claim, Belgravia has also retained FTI Consulting.

About Belgravia Hartford Capital Inc.

Belgravia Hartford is a publicly traded investment holding company listed on the Canadian Securities Exchange. Belgravia is focused on growing its assets and holdings and increasing its net asset value (NAV). Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multisector investment approach, with emphasis in the resources and commodities sector. Belgravia and its investments are considered high-risk holdings and it may expose shareholders to significant volatility and losses.

We seek Safe Harbor.