Mr. Jonathan Wiesblatt reports

LIQUID META ANNOUNCES CEASE TRADE ORDER

The British Columbia Securities Commission (BCSC) has notified Liquid Meta Capital Holdings Ltd. that it will issue a failure-to-file cease trade order (FFCTO) under Multilateral Instrument 11-103, Failure-to-File Cease Trade Orders in Multiple Jurisdictions, against the company today due to the delay in filing its audited annual financial statements, accompanying management's discussion and analysis, and chief executive officer and chief financial officer certifications for the financial year ended May 31, 2023, in accordance with the regulations.

The FFTCO prohibits the trading in all securities of Liquid Meta in each jurisdiction in Canada until such time as the company is able to complete the filing of the annual filings and successfully apply for a revocation of the FFCTO. If the annual filings are made within 90 days of the date of the FFCTO, such filings will constitute the company's application to have the FFCTO revoked. There can be no assurance that the FFCTO will be revoked on the timeline contemplated by the company or at all.

The filings are delayed due to the complexities in the overall cryptocurrency industry, including auditing of annual transactions. This has resulted in missing the filing deadline. The company is working diligently with its auditor to complete the remaining audit and will make the required filings as soon as possible. The auditor has not provided a definitive timeline as to when the company can expect the audit report at this time. Management will file the annual audited financial statements and accompanying documents as soon as the audit report is received.

The company confirms that there is no material information concerning the affairs of the company that has not been generally disclosed.

About Liquid Meta Capital Holdings Ltd.

Prior to discontinuing its operations, Liquid Meta was a DeFi- (decentralized finance) and Web3-focused company developing best-in-class technology and operational expertise, allowing it to build a scaled business within proof-of-stake-based (PoS) networks. Liquid Meta was focused on liquidity mining operations, and planned to build proprietary software and tools to access, automate and scale operations within the fast-growing DeFi segment of the blockchain industry.

We seek Safe Harbor.