Mr. Fahim Gadallah reports

TIMELESS CAPITAL CORP. ANNOUNCES TERMINATION OF LETTER OF INTENT WITH RENAISSANCE BIOSCIENCE CORP.

Timeless Capital Corp.'s previously announced amalgamation agreement between the corporation and Renaissance Bioscience Corp., dated April 5, 2023, has been terminated by mutual agreement between Timeless and Renaissance. Renaissance and Timeless made extensive efforts to complete the proposed transaction; however, market conditions are such that the proposed transaction could not be completed within a time frame that met expectations. Pursuant to the agreement, Timeless provided $211,000 to Renaissance to pay for certain costs and expenses associated with the proposed transaction. The payment was refundable to Timeless under certain circumstances. Renaissance and Timeless have mutually extinguished their obligations relating to the payment in exchange for payment of $35,000 in cash by Renaissance to Timeless.

Timeless continues to evaluate other opportunities and candidates for the completion of a qualifying transaction as described by Policy 2.4.

We seek Safe Harbor.