Ms. Julia Stamberger reports

PLANTING HOPE ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT

Further to its news releases dated Jan. 19, 2024, and Feb. 9, 2024, The Planting Hope company Inc. has received approval from the TSX Venture Exchange to extend the price reservation on its non-brokered private placement by an additional two weeks through Friday, April 5, 2024.

The proposed private placement financing is for up to 40 million subordinate voting share units at a price per unit of 10 cents for aggregate gross proceeds of up to $4-million (approximately $3-million (U.S.)).

Each unit shall consist of one subordinate voting share in the capital of the company and one subordinate voting share purchase warrant. Each warrant shall entitle the holder to acquire one additional subordinate voting share at an exercise price of 15 cents for a period of 24 months from the closing date of the offering.

The gross proceeds raised from the sale of the units will be used to primarily support inventory purchases and business expansion, as well as general working capital purposes. The company may pay finders' fees on the offering in accordance with applicable laws and the policies of the TSX Venture Exchange.

The securities issued pursuant to the offering will be subject to a hold period of six months from the date of issuance.

Closing of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

The offering may close in one or more tranches.

About The Planting Hope company Inc.

Planting Hope is reimagining and reinventing food today so that the planet can feed 10 billion people tomorrow. A food tech-driven company at the forefront of sustainable consumer food and beverage evolution, Planting Hope transforms nutrient-dense, widely cultivated crops into innovative, nutrient-rich products that reimagine pantry staples in the largest, fastest-growing global food categories.

We seek Safe Harbor.