Wildpack Announces Update on Status of Management Cease Trade Order

(TheNewswire)

May 15, 2026 – TheNewswire - VANCOUVER, BC, Wildpack Beverage Inc.(TSXV: CANS)(“Wildpack” orthe “Company”) a leading middle market co-packer of canned beverages,providesan update on the status of its Management Cease Trade Order("MCTO") granted by the British Columbia Securities Commissionunder National Policy 12-203 Management Cease TradeOrders.

The MCTO was issued due to the Company's inabilityto file its audited annual financial statements, related MD&A, andCEO and CFO certifications for the year ended December 31, 2025 (the"RequiredFilings") by the April 30, 2026, deadlineresulting in a default under Part 4 of National Instrument51-102 Continuous DisclosureObligations ("Default").

The delay in filing the Required Filings is due toshort-term cash constrains impacting the Company. The Companycontinues to actively work on addressing the cash constrains so thatit can complete the Required Filings. The Company currently does nothave cash on hand or financing in place that would alleviate theshort-term cash constrains.

The Company remains committed to completing the filingas soon as practicable. The Company wishes to clarify that this delayis purely administrative in nature, does not arise from anydisagreement with its auditors. The Company anticipates that it willbe in a position to remedy the default by filing the Required Filingson or before June 30, 2026. The MCTO will be in effect until theRequired Filings are completed.

In accordance with NP 12?203, the Company willprovide bi?weekly status updates by way of news releases for so longas the Required Filings remain outstanding. The Company does notanticipate any additional specified defaults under NP 12?203.

Per:         “Thomas Waker”

Thomas Walker

Interim Chief Executive Officer

For further information, pleasecontact us at:

invest@wildpackbev.com

Advisors

Fasken Martineau DuMoulin LLP is the legal advisor toWildpack Beverage Inc.

Visit our investor website at:

https://investor.wildpackbev.com

About Wildpack 

Wildpack provides beverage manufacturing and packagingto the middle market by providing aluminum can filling, decorating,packaging, brokering, and logistics to customers throughout the UnitedStates. Wildpack currently operates indirectly through its whollyowned subsidiaries and out of two facilities in Baltimore, Maryland;and Austin, Texas. Wildpack commenced trading on the TSX VentureExchange under the symbol "CANS" on May 19, 2021.  

Cautionary Statement on ForwardLooking Information  

This news release may contain "forward-lookingstatements" within the meaning of applicable Canadian securitieslaws. Forward-looking statements are based upon a number of estimatesand assumptions that, while considered reasonable by management, areinherently subject to significant business, economic and competitiverisks. These statements generally can be identified by the use offorward-looking words such as "may", "should","will", "could", "intend", "estimate","plan", "anticipate", "expect","believe”, “proposed”, or "continue", or thenegative thereof or similar variations. Forward-looking statementsinvolve known and unknown risks, uncertainties and other factors thatmay cause future results, performance, or achievements to bematerially different from the estimated future results, performance orachievements expressed or implied by those forward-looking statementsand the forward-looking statements are not guarantees of futureperformance. Forward-looking statements expressed or implied byWildpack are subject to a number of risks, uncertainties, andconditions, many of which are outside of Wildpack's control, andundue reliance should not be placed on such statements. AlthoughWildpack has attempted to identify important factors that could causeactual results to differ materially from those contained inforward-looking statements, there may be other factors that causeresults not to be as anticipated, estimated or intended.Forward-looking statements are qualified in their entirety by theinherent risks and uncertainties related to Wildpack's business.Except as required by securities law, Wildpack does not assume anyobligation to update or revise any forward-looking statements, whetheras a result of new information, events or otherwise. 

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release. 

Source: Wildpack BeverageInc. 

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