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Maple Peak Investments Inc
Symbol MAP
Shares Issued 59,000,000
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Maple Peak, Citizen Journalism push exclusivity period

2025-03-06 09:56 ET - News Release

Subject: Maple Peak Investments Inc. (TSXV - MAP) - News Release Dissemination [BLC-ACTIVE.FID1797597] Word Document

File: '\\swfile\EmailIn\20250306 063820 Attachment Maple Peak - News Release re LOI Extension 28 Feb.docx'

MAPLE PEAK ANNOUNCES FURTHER EXTENSION OF EXCLUSIVITY PERIOD WITH

CITIZEN JOURNALISM NETWORK (CJN) INVEST LTD.

Vancouver, Canada, March 6, 2025 - Maple Peak Investments Inc. (TSXV - MAP) ("MAP" or the "Company") and Citizen Journalism Network (CJN) Invest Ltd. ("CJN"), a private company incorporated under the laws of the Marshall Islands, have agreed to further extend the exclusivity period until the earlier of (i) completion of the Transaction (as defined below), or (ii) April 30, 2025, in relation to the proposed acquisition of MAP by CJN by way of a reverse takeover (the "Transaction") which was previously announced in the news releases dated May 13, 2024 and December 23, 2024. The extension was effective as of February 28, 2025.

As previously announced, the proposed Transaction is subject to a number of conditions, including but not limited to, completion of due diligence reasonable or customary in a transaction of a similar nature, the preparation and execution of definitive agreements, such consents and approvals as may be required by the parties, including, but not limited to, approvals of the board of directors and shareholders of each of MAP and CJN, as may be required, and exchange and other approvals and consents necessary to complete the proposed Transaction. The Company will issue a subsequent news release upon entry into definitive agreements with CJN.

The TSXV has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this news release.

For further information, contact:

Maple Peak Investments Inc.

Dennis Tam, CEO and Director

Tel: (852) 3955 1200

dennis@maplepeakinvestments.com

Thurman So, Director

Tel: (604) 488-5219

thurman@maplepeakinvestments.com

Forward-Looking Information

This news release contains forward-looking information based on current expectations. Statements about the closing of the Transaction, including but not limited to, expected terms of the Transaction, the number of securities of the parties that may be issued in connection with the Transaction, the private placement financing, waiver of sponsorship, the business and operations of CJN, and the parties' ability to satisfy closing conditions and receive necessary approvals are all forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the Transaction will occur or that, if the Transaction does occur, it will be completed on the terms described above. MAP assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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