Mr. Mark Binns reports

HOPEFIELD VENTURES TWO INC. OBTAINS CONDITIONAL APPROVAL FOR QUALIFYING TRANSACTION WITH CARRIER CONNECT AND FILES RELATED FILING STATEMENT

Further to Hopefield Ventures Two Inc.'s press releases dated Sept. 17, 2024, Oct. 23, 2024, and Nov. 6, 2024, the TSX Venture Exchange has conditionally approved its previously announced qualifying transaction with Carrier Connect Systems Ltd. In connection with the TSX-V's conditional approval of the qualifying transaction, the company has filed a filing statement dated Jan. 31, 2025, with the TSX-V and on the company's SEDAR+ profile. Additional information in respect of the qualifying transaction, the company and Carrier can be found in the filing statement.

The qualifying transaction is scheduled to close at mid-February, 2025, but remains subject to various closing conditions, including the final approval of the TSX-V. The company, upon and subject to completion of the qualifying transaction (the resulting issuer), will continue under the name Carrier Connect Data Solutions Inc. and trade on the TSX-V under the symbol CCDS. Final acceptance of the qualifying transaction will occur upon the issuance of a final exchange bulletin which will provide the proposed date on which the resulting issuer's common shares will commence trading. Until such time, in accordance with the policies of the TSX-V, the company's common shares are currently halted from trading and will remain so until such time as required by TSX-V policies. The company will issue a further comprehensive press release announcing closing of the qualifying transaction and the date on which trading in its common shares will resume, in due course.

Cautionary note

completion of the qualifying transaction is subject to a number of conditions including, without limitation, the receipt of all requisite regulatory approvals (including the final approval of the TSX-V) and other conditions that are customary for a transaction of this nature. Where applicable, the qualifying transaction cannot close until the required approvals have been obtained. There can be no assurance that the qualifying transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the filing statement containing full, true and plain disclosure regarding the qualifying transaction, any information released or received with respect to the qualifying transaction may not be accurate or complete and should not be relied upon.

About Hopefield Ventures Two Inc.

Hopefield was incorporated on Jan. 24, 2022, pursuant to the provisions of the Business Corporations Act (British Columbia), is a reporting issuer in the provinces of British Columbia, Alberta and Ontario, and is a capital pool company (within the meanings of the policies of the TSX-V, including Policy 2.4). Hopefield has not commenced commercial operations and has no assets other than a minimum amount of cash. Except as specifically contemplated in TSX-V Policy 2.4, until the completion of a qualifying transaction (as defined in TSX-V Policy 2.4), Hopefield will not carry on any business other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.

About Carrier Connect Systems Ltd.

Carrier operates a Tier II/III data centre located in downtown Vancouver, B.C., and specializes in delivering co-location and data centre solutions to service providers, enterprises and small businesses. Data centres are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives and network equipment. As a carrier-neutral facility, Carrier's systems are fully independent and owned outright within its leased space. The current principal market for Carrier is the Greater Vancouver Area, where it serves clients who use its facility either as their primary datacenter or as an ancillary site depending on their needs.

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