File: Attachment News Release announcing termination of LOI.pdf

NEWS RELEASE

Parent Capital Announces Proposed Transaction with Prism Diversified Ltd. not Proceeding

April 15, 2026 - Vancouver, British Columbia -- Parent Capital Corp. (the "Company" or "Parent") (TSX-V: PAR.H) announces that it is not proceeding with a proposed business combination with Prism Diversified Ltd. ("Prism"). The Company previously announced on November 28, 2025 that the parties had entered into a letter of intent dated November 17, 2025. Following discussions the parties were unable to proceed to a definitive agreement. The Company will submit a request to the TSX Venture Exchange to remove the trading halt imposed in connection with the proposed transaction.

The Company will continue to pursue and evaluate other opportunities for a potential acquisition.

For more information, contact:

John Anderson President and CEO, Parent Capital Corp. Phone +1 604 218 7400

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

File: '\\swfile\EmailIn\20260415 134241 Attachment News Release announcing termination of LOI.docx'

NEWS RELEASE

Parent Capital Announces Proposed Transaction with Prism Diversified Ltd. not Proceeding

April 15, 2026 - Vancouver, British Columbia - Parent Capital Corp. (the "Company" or "Parent") (TSX-V: PAR.H) announces that it is not proceeding with a proposed business combination with Prism Diversified Ltd. ("Prism"). The Company previously announced on November 28, 2025 that the parties had entered into a letter of intent dated November 17, 2025. Following discussions the parties were unable to proceed to a definitive agreement. The Company will submit a request to the TSX Venture Exchange to remove the trading halt imposed in connection with the proposed transaction.

The Company will continue to pursue and evaluate other opportunities for a potential acquisition.

For more information, contact:

John Anderson

President and CEO, Parent Capital Corp.

Phone +1 604 218 7400

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