Mr. Lawrence Hay reports

GOAT INDUSTRIES ANNOUNCES SHARE CONSOLIDATION

Goat Industries Ltd., pursuant to receipt of shareholder approval on July 11, 2023, will be consolidating its issued and outstanding common shares on the basis of one postconsolidation share for each 100 preconsolidation shares effective July 20, 2023. The company's name and trading symbol will remain the unchanged.

The consolidation is expected to result in the number of issued and outstanding shares being reduced from 328,167,950 preconsolidated shares to approximately 3,281,680 postconsolidation shares. The common shares are expected to begin trading on a postconsolidation basis on the Canadian Securities Exchange when markets open on July 19, 2023.

New ISIN:  CA 38021J 20 2 0

New Cusip No.:  38021J 20 2

No fractional shares will be issued as a result of the consolidation. Any fractions of a share less than one-half will be rounded down to the nearest whole number of shares. Any fractions of at least one-half will be rounded up to the nearest whole share. No cash consideration will be paid in respect of fraction shares. Shareholders of record as at the record date will receive a letter of transmittal providing instructions for the exchange of existing share certificates evidencing preconsolidation shares for new share certificates representing the number of postconsolidation shares to which they are entitled, as soon as practicable following record date.

About Goat Industries Ltd.

Goat Industries is an investment issuer focused on investing in high-potential companies and assets operating across a variety of sectors. The paramount goal of the company will be to generate maximum returns from its investments.

We seek Safe Harbor.