Hill Incorporated Makes Assignment in Bankruptcy Under the Bankruptcy and Insolvency Act (Canada)

(TheNewswire)

Toronto, ON. – November 21, 2025— TheNewswire - HillIncorporated, formerly Hill Street Beverage Company Inc. (TSXV: HILL)(the " Company "),announces today that it has made an assignment in bankruptcy (the“ Bankruptcy Proceeding ”)pursuant to the Bankruptcy andInsolvency Act (Canada) (the “ BIA ”).

Due to dramatic price compression, difficulty incollections of accounts receivable, and other significant challengesin the cannabis industry affecting the Company’s DehydraTECH licensing business, along with the significant cash outlays andcosts required in the Company’s alcohol-free wine business, theCompany is unable to address its obligations as they become due. After careful consideration of the Company’s financial positionand strategic alternatives, the board of directors concluded that ithad no viable option but to make an assignment in bankruptcy under theBIA.

Albert Gelman Inc. has been appointed as the trustee(in such capacity, the “ Trustee ”) in the Bankruptcy Proceeding bythe Official Receiver, subject to affirmation of the Company’screditors at the first meeting of creditors.  Further information maybe obtained from the Trustee at info@albertgelman.com or 416-504-1650.

For more information,contact:

Albert Gelman Inc.

Email: info@albertgelman.com

Phone: 416-504-1650

Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.

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