Mr. Richard Lee reports

SPACKMAN EQUITIES GROUP INC. ANNOUNCES MEETING DATE FOR SPECIAL MEETING OF SHAREHOLDERS

Spackman Equities Group Inc. has filed a management information circular dated March 28, 2024, and related materials for the annual and special meeting of shareholders to approve the previously announced reverse takeover transaction (RTO) with Crystal Planet Ltd. (CPL), as described in the press releases of the company dated Feb. 6, 2023, August 4, 2023, January 10, 2024 and March 8, 2024.

The meeting is scheduled to be held in a virtual only format via live audio webcast on May 15, 2024 at 10:00 a.m. (Toronto time). Shareholders of record as at the close of business on April 2, 2024 are entitled to receive notice of an vote at the meeting. As the RTO will be a "related party transaction" (as defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions), it will require approval of the Company's shareholders on a disinterested basis.

As disclosed in the Company's press release dated March 8, 2024, the TSX Venture Exchange (the "TSXV") conditionally approved the listing of the common shares of the resulting issuer upon completion of the RTO. Listing of the common shares is subject to the fulfillment of certain conditions, including the completion of the RTO. Upon the receipt of TSXV approval, it is anticipated that the common shares will continue to trade on the TSXV under the symbol "SQG".

In addition to obtaining approval of the Company's shareholders, the RTO is also subject to additional closing requirements and conditions pursuant to the terms and conditions of the share exchange agreement between the parties, a copy of which is available on SEDAR+ at www.sedarplus.ca under the Company's profile.

Trading in the common shares of SQG is currently halted and it is not anticipated that trading in the common shares of SQG will resume prior to the completion of the RTO.

As described herein, completion of the RTO is subject to a number of conditions, including but not limited to, TSXV acceptance and disinterested shareholder approval. The RTO cannot close until the required shareholder approval is obtained. There can be no assurance that the RTO will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular that has been prepared in connection with the RTO, any information released or received with respect to the RTO may not be accurate or complete and should not be relied upon. Trading in the securities of SQG should be considered highly speculative.

We seek Safe Harbor.