BRIEF

on Asia Green Biotechnology Corp. (isin : CA04522C1041)

Asia Green Biotechnology Corp. Continues Under Management Cease Trade Order

CALGARY, AB - Asia Green Biotechnology Corp. (CSE:ASIA), involved in ongoing auditing processes, declared that the Management Cease Trade Order (MCTO), effective from May 8, 2024, will persist. This announcement follows prior updates regarding the company's compliance status with the Alberta Securities Commission (ASC).

The MCTO specifically restricts the company's CEO and CFO from trading securities until the requisite financial statements and related CEO and CFO certifications for the fiscal year ended December 31, 2023, are presented. The deadline to meet these requirements is projected for May 27, 2024, with Q1 2024 financial statements expected by May 30, 2024.

Asia Green Biotechnology is adhering to the conditions set by National Policy 12-203 for Management Cease Trade Orders during this period. The company has confirmed no significant material changes since their last interim financial reports filed for the period ending September 30, 2023.

R. E.

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