File: Attachment Bushido - News - Terminates QT LOI - Nov 11, 2026.pdf

Bushido Capital Corp. Announces Termination of LOI in Respect of Proposed Qualifying Transaction

News Release - Vancouver, B.C. - (November 11, 2026) - Bushido Capital Corp. ("Bushido") (TSXV: BUSH.P) announces that further to its news release dated October 22, 2026, the Company has terminated the letter of intent with Gridbox Holdings Inc. dated October 21, 2026 in respect of a proposed Qualifying Transaction.

The Company will recommence the process of identifying and evaluating other prospective business opportunities in order to complete a Qualifying Transaction.

The common shares of the Company are currently halted from trading on the TSX Venture Exchange.

Contact Information Bushido Capital Corp. Anthony Zelen CEO, CFO, Corporate Secretary & Director 228 1122 Mainland Street, Vancouver, BC V6B 5L1 Tel: 778-388-5258 Email: Anthonyzelen88@gmail.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements in this news release are forward-looking statements or information, which include finding and completing a potential qualifying transaction, resumption of trading and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, litigation, increase in operating costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.