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EARLY WARNING NEWS RELEASE REGARDING INVESTMENT BY FULLBROOK THORPE INVESTMENTS LLP IN HEMPALTA CORP.

Newswire.ca - Wed Mar 20, 8:00AM CDT

LONDON, March 20, 2024 /CNW/ - Fullbrook Thorpe Investments LLP ("FTI") is pleased to announce that it has today acquired 14,005,874 common shares (the "QT Shares") of Hempalta Corp. (formerly, Trail Blazing Ventures Ltd.) (TSXV: HEMP) ("Hempalta"). On March 19, 2024, Trail Blazing Ventures Ltd. ("TBV") completed its Qualifying Transaction (as such term is defined in the policies of the TSX Venture Exchange) pursuant to which it (among other things): (i) acquired all of the issued and outstanding securities of Hempalta Inc. in exchange for securities consideration; and (ii) changed its name to Hempalta Corp. (the "Qualifying Transaction"). The Qualifying Transaction is more fully described in the management information circular of Hempalta (under its previous name, Trail Blazing Ventures Ltd.) dated February 13, 2024 which is available on SEDAR+ at www.sedarplus.ca.

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