File: '\\swfile\EmailIn\20240327 183433 Attachment Gstaad Capital Corp. - News Release - Board Changes and Trading Resumption (2).docx'

GSTAAD CAPITAL CORP.

Suite 615 - 800 West Pender Street

Vancouver, British Columbia, V6C 2V6

GSTAAD CAPITAL ANNOUNCES RESUMPTION OF TRADING, UPDATED BOARD OF DIRECTORS AND RESULTS OF ANNUAL GENERAL MEETING

Vancouver, British Columbia - March 27, 2024 - Gstaad Capital Corp. (TSXV: GTD.H) (the "Company"), a capital pool company, announces that its board of directors has been reconstituted to consist of Paul Larkin, Andrew Bowering and Ehsan Agahi. Mr. Larkin will continue to serve in the capacity of President, Chief Executive Officer, Chief Financial Officer and Corporate Secretary of the Company.

Annual General and Special Meeting

The Company also announces that all matters presented at the annual general and special meeting of shareholders (the "Meeting"), held on February 5, 2024, were approved. At the Meeting, shareholders re-appointed the current auditor, elected directors, approved the adoption of a new incentive stock option plan and approved the reduction in the length of escrow applicable to certain common shares held by directors and officers of the Company.

For further information regarding the matters presented at the Meeting, readers are encouraged to review the management information circular prepared for the Meeting and which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).

Trading Resumption

Finally, the Company announces that effective at the opening of markets on or about April 1, 2024, trading its common shares will resume on the TSX Venture Exchange under the existing ticker symbol "GTD.H".

On behalf of the Board of Directors

Paul Larkin

President and CEO

604-728-4080

plarkin@pro.net

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

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are detailed from time to time in the filings made by the Company with securities regulations. 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. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.