Mr. Tom Wenz reports

IMPACT DEVELOPMENT GROUP INC. ANNOUNCES RECEIPT OF FINAL APPROVAL FROM TSXV AND RESUMING TRADING EFFECTIVE DECEMBER 12, 2023

Impact Development Group Inc. (formerly Yubba Capital Corp.), further to its press releases of Dec. 1, 2022, April 20, 2023, Oct. 19, 2023, and Dec. 1, 2023, has received final approval from the TSX Venture Exchange in respect of its previously announced qualifying transaction described in its non-offering prospectus dated Oct. 16, 2023.

The final exchange bulletin of the TSX-V in respect of the transaction was published on Dec. 8, 2023. Trading of the common shares of the company will begin effective at the market open on Dec. 12, 2023, under the symbol IMPT, and the common shares of Yubba Capital will be delisted. The company will be listed as a TSX Venture Tier 2 real estate issuer (as such term is defined in the policies of the TSX-V).

Complete details of the terms of the transaction are set out in the prospectus dated Oct. 16, 2023, available on the company's profile at SEDAR+.

Corrections

The company announces two corrections to its news release dated Dec. 1, 2023.

The company inadvertently referred to having issued 12,257,935 IHC (Impact Housing Corp.) shares (as defined in the closing NR) before the share exchange (as defined in the closing NR) and the completion of the concurrent financing (as defined in the closing NR), when it intended to disclose that 12,313,252 IHC shares were issued and outstanding before the share exchange and concurrent financing.

The company also inadvertently referred to Oscar Hilt Tatum IV as Mr. Wood in the third paragraph of the early warning report section of the closing NR pertaining to Mr. Tatum's holdings.

About Impact Housing Corp.

Impact Development Group is a Panamanian-based real estate developer that provides affordable housing solutions to Panama's growing middle-class, supported by a long-standing subsidized government program. The vision of IHC Panama is effectuated by a vertically integrated model which co-ordinates all services necessary to develop high-quality residential and commercial buildings, including land acquisition, financing, architectural, engineering, off-site manufacturing, general contracting, property management and administration.

We seek Safe Harbor.