Mr. Rich Wheeless reports

PARCELPAL ADDS NUMEROUS NEW DELIVERY VEHICLES IN THE U.S. TO ADDRESS INCREASED BUSINESS DEMANDS

Parcelpal Logistics Inc. has added eight late-model (newer and mixed size, including larger) vehicles to its FedEx fleet. To address our past demand needs, the Company had been placed in the less desirous position of renting and/or increased maintenance on existing vehicles, causing a significant increase in operating costs. We expect to see related vehicle operating costs to decrease by as much as 80% a month (for our FedEx operations). Going forward, the Company plans to acquire additional vehicles, which we believe will lead to further cost savings as the Company plans on adding more vehicles to its fleet to address an increase in profitable routes that we are experiencing in our service areas.

Rich Wheeless, CEO of Parcelpal, states: "This is an important step for us to be able to continue to add a variety of newer vehicles to our fleet. This not only brings us cost savings by replacing older vehicles, but it also allows us to be able to ramp up for the large increase in business we have seen. We believe this trend will continue throughout the remainder of 2023."

The Company looks forward to providing additional material updates as they occur.

About Parcelpal Logistics Inc.

Parcelpal is a Vancouver, British Columbia based company that specializes in last-mile delivery service and logistics solutions. We are a customer-driven, courier and logistics company connecting people and businesses through our network of couriers in major Canadian cities including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of our verticals include pharmacy & health, meal kit deliveries, retail, groceries and more.

We seek Safe Harbor.