Mr. Andrew Parks reports

FOUNTAIN ASSET CORP. ANNOUNCES NORMAL COURSE ISSUER BID

Fountain Asset Corp. intends to effect a normal course issuer bid through the facilities of the TSX Venture Exchange, subject to the receipt of regulatory approval.

Upon receiving regulatory approval, Fountain may, during the 12-month period commencing June 19, 2025, and ending June 18, 2026, purchase on the TSX-V up to 3,216,335 subordinate voting shares in total for the purposes of cancellation, representing approximately 5 per cent of the subordinate voting shares of Fountain currently issued and outstanding. The price which Fountain will pay for any such subordinate voting shares will be the market price at the time of acquisition. The actual number of subordinate voting shares which may be purchased and the timing of any such purchases will be determined by Fountain. Fountain has retained Canaccord Genuity Corp. to effect purchases on its behalf pursuant to the bid. Fountain is effecting the bid at this time as it believes that its subordinate voting shares are undervalued at their current market prices and that the purchase of subordinate voting shares would be a prudent use of funds.

About Fountain Asset Corp.

Fountain Asset is a merchant bank which provides equity financing, bridge loan services (asset-backed/collateralized financing) and strategic financial consulting services to companies across many industries, such as marijuana, oil and gas, mining, real estate, manufacturing, retail, financial services, and biotechnology.

We seek Safe Harbor.