Mr. Jeffrey Hasham reports

REDISHRED CAPITAL CORP. ANNOUNCES NEW STOCK OPTION GRANTS

Redishred Capital Corp. has granted options to certain non-management directors of the company. Non-management directors can elect to receive cash, options or a combination thereof, as part of an annual retainer for board compensation. The options are to purchase an aggregate number of common shares as set forth herein.

Effective Nov. 9, 2023, Redishred has granted 6,585 stock options, at a price of $2.72, with the options vesting upon execution. The stock option grants have a life of five years, expiring on Nov. 8, 2028.

About Redishred Capital Corp.

Redishred is the owner of the Proshred trademarks and intellectual property in the United States and internationally. Proshred shreds and recycles confidential documents and proprietary materials for thousands of customers in the United States in all industry sectors. Proshred is a pioneer in the mobile document destruction and recycling industry and has the ISO 9001:2015 certification. It is Proshred's vision to be the system of choice and provide shredding and recycling services on a global basis. Proshred currently services over 40 markets in the United States. Redishred grants Proshred franchise businesses in the United States. Redishred also operates 15 corporate shredding businesses directly. The company's plan is to expand its business by way of both franchising and the acquisition and operation of document destruction businesses that generates stable and recurring cash flow through a scheduled client base, continuous paper recycling and concurrent unscheduled shredding service.