Mr. David Eto reports

HAKKEN CAPITAL CORP. ANNOUNCES 2ND/FINAL TRANCHE CLOSING OF PRIVATE PLACEMENT

Hakken Capital Corp. has completed the second and final tranche of its non-brokered private placement of the common shares of the company previously announced on Oct. 29, 2020, and Dec. 14, 2020. Together with the first tranche closing of the offering announced by the company on Dec. 22, 2020, the company issued an aggregate five million shares, at a price of 20 cents per share, for aggregate gross proceeds of $1-million.

In this second tranche, the company issued an aggregate of 2,107,000 shares, at a price of 20 cents per share, for aggregate gross proceeds of $421,400.

The securities issued in connection with this second and final tranche offering are subject to a statutory four-month hold period, which expires on May 23, 2021.

In connection with the offering, the company paid an aggregate cash fee of $70,000, representing 7 per cent of the gross proceeds raised by a finder under this offering.

The proceeds from the offering will be used for general working capital and to expand the search for Hakken's qualifying transaction.

About Hakken Capital Corp.

The company is designated as a capital pool company under TSX Venture Exchange Policy 2.4. The company has not commenced commercial operations and has no assets other than cash. The purpose of the offering is to provide the company with funds to identify and evaluate businesses or assets with a view to completing a qualifying transaction (as defined in the prospectus). Any proposed qualifying transaction must be approved by the TSX-V and, in the case of a non-arm's-length qualifying transaction, must also receive majority approval of the minority shareholders. Until the completion of a qualifying transaction, the company will not carry on any business other than the identification and evaluation of businesses or assets with a view to completing a proposed qualifying transaction.

We seek Safe Harbor.