Mr. Jeffrey Hasham reports

REDISHRED CAPITAL CORP. ("REDISHRED") TO ANNOUNCE 1ST QUARTER 2023 RESULTS AT ITS ANNUAL GENERAL MEETING WITH FOLLOW UP ON INVESTOR CONFERENCE CALL

Redishred Capital Corp. plans to release its first quarter 2023 results on Thursday, May 25, 2023, at its annual general meeting.

The time and Microsoft Teams meeting co-ordinates for the company's AGM are as follows.

Time of AGM:  Thursday, May 25, 2023, at 12 p.m. Eastern Standard Time

Phone conference ID:  532 379 738 followed by the number sign

Dial by your location:  1-647-794-6067 (Canada), 1-929-352-1865 (New York), 1-872-242-8892 (Chicago), 1-469-998-7639 (Dallas) and 1-323-694-0365 (Los Angeles)

Investor and analyst call

The company is also pleased to announce the details of its investor conference call as follows.

Date:  Monday, May 29, 2023

Time:  8:30 a.m. Eastern Standard Time

Call-in number:  1-800-319-4610

The purpose of the call is to review Redishred's Q1 2023 financial performance. Time has been allotted for a question-and-answer session.

Jeffrey Hasham and Harjit Brar look forward to updating the shareholders and the investment community on the company's results.

Financial statements

Redishred's June 30, 2023, financial statements and management's discussion and analysis will be available at SEDAR and the Redishred website.

About Redishred Capital Corp.

Redishred is the owner of the Proshred, Proscan and Secure e-Cycle brands, trademarks and intellectual property in the United States. Redishred digitizes, secures, shreds and recycles confidential documents and proprietary materials for thousands of customers in the United States in all industry sectors. Redishred is a pioneer in the mobile document destruction and recycling industry, and has the ISO 9001:2015 certification. It is Redishred's vision to be the system of choice in providing digital retention, secure shredding and recycling services on a global basis. Redishred grants Proshred and Proscan franchise businesses in the United States and by way of licence arrangement in the Middle East. Redishred also operates 15 corporate businesses directly. The company's plan is to expand its business by way of both franchising and the acquisition and operation of information security businesses that generate stable and recurring cash flow through a scheduled client base, continuous paper recycling and concurrent unscheduled shredding service.