Mr. Mark Aiken reports

CHRISTINA LAKE CANNABIS ANNOUNCES DEBENTURE EXTENSION

Further to the press release dated Aug. 22, 2025, holders of Christina Lake Cannabis Corp.'s convertible debentures in the principal amount of $710,000 have entered into amending agreements to amend the terms of the debentures of the company issued on Sept. 7, 2022. The debentures will mature on Sept. 7, 2026.

The interest rate on the debentures will remain unchanged. Additionally, the repayment of the debentures will be made on a quarterly basis beginning on Dec. 7, 2025, such that the debentures shall be fully repaid by the new maturity date. Any holders who did not enter into amending agreements are expected to be repaid in connection with their original maturity dates.

About Christina Lake Cannabis Corp.

Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act with a standard cultivation licence and corresponding processing amendment from Health Canada, as well as a research and development licence. Christina Lake Cannabis's facilities consist of a 32-acre property, which includes over 950,000 square feet of outdoor grow space, offices, propagation and drying rooms, research facilities, and a facility dedicated to processing and extraction, and a 342-acre property, which includes approximately 100 acres of licensed outdoor grow space, greenhouses and a dry room. Christina Lake Cannabis also owns a 99-acre plot of land adjoining its principal site. Christina Lake Cannabis focuses its production on creating high-quality outdoor flower, extracts and distillate for its business-to-business client base.

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