Mr. Kirk Exner reports

AMEGO CAPITAL CORP. ANNOUNCES TERMINATION OF LETTER OF INTENT

The previously announced non-binding letter of intent dated Dec. 9, 2023, between Amego Capital Corp. and Klarzen Green Technology LLC, in respect of the proposed business combination transaction between the company and Klarzen, has been terminated in accordance with its terms. The proposed transaction was expected to constitute the qualifying transaction of Amego, as such term is defined in Policy 2.4, Capital Pool Companies, of the TSX Venture Exchange.

Amego continues its process of identifying and evaluating assets or businesses with a view to completing a qualifying transaction. Amego has applied to the TSX Venture Exchange to resume trading of the common shares of Amego (trading symbol MEGO.P), which were previously halted from trading pending completion of the proposed transaction.

About Amego Capital Corp.

Amego is a corporation incorporated under the laws of the Province of British Columbia and is a reporting issuer in the provinces of British Columbia and Alberta. Amego was incorporated on July 7, 2021, pursuant to the provisions of the Business Corporations Act (British Columbia).

Amego is a capital pool company (within the meanings of the policies of the TSX Venture Exchange, including Policy 2.4). Amego has not commenced commercial operations and has no assets other than cash of approximately $895,000 as of Nov. 30, 2023. Except as specifically contemplated in Policy 2.4, until the completion of a qualifying transaction (as defined in Policy 2.4), Amego will not carry on any business other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.

We seek Safe Harbor.