Mr. Brent Billey reports

KADESTONE CAPITAL CORP. REPORTS RESULTS OF ANNUAL GENERAL MEETING

Kadestone Capital Corp. has released the results of the votes on matters considered at its annual general meeting of shareholders of the company held on June 23, 2023, in Vancouver, B.C.

At the meeting, the shareholders re-elected to the board of directors, by ordinary resolution, Brent Billey, Anthony Holler, David Negrin, Norm Mayr and Jacqueline Tucker, to serve in office until the next annual meeting of shareholders, or until their successors are duly elected or appointed.

In addition, at the meeting, the shareholders approved: (i) the reappointment of KPMG LLP as auditor of the company; and (ii) the company's existing stock option plan.

About Kadestone Capital Corp.

Kadestone was established to pursue the investment in, acquisition, development and management of residential and commercial income-producing properties, and procurement and sale of building materials within major urban centres and high-growth, emerging markets in Canada. The company operates five complementary business lines, spanning building materials procurement and supply, property development and construction, construction finance, asset ownership, and property management. These synergistic business lines have solidified Kadestone's vision to become a market-leading, vertically integrated property company.

We seek Safe Harbor.