Deep Grains Holdings Ltd's and Max Desmarais' Holding of Vertiqal Studios Corp.

Core Viewpoint - Deep Grains Holdings Ltd and Maximilien Xavier Desmarais have acquired an additional 18,072,000 common shares of Vertiqal Studios Corp, increasing their ownership stake to 13.8% of the company's issued and outstanding shares on a partially diluted basis [1][3]. Group 1: Acquisition Details - The Acquirors, prior to the transaction, held 110,552,253 common shares, which included 37,541,000 issued shares and a convertible debenture convertible into 73,011,253 common shares [2]. - After the transaction, the total number of common shares owned by the Acquirors is now 128,624,253, which includes 55,613,000 issued shares and the same 73,011,253 shares from the convertible debenture [3]. Group 2: Future Intentions - The Acquirors may acquire additional common shares or other securities of Vertiqal Studios Corp in the future, depending on market conditions and the company's business prospects [4]. - Currently, the Acquirors have no immediate intention to acquire more securities but may evaluate their position based on the company's financial condition and market factors [5]. Group 3: Regulatory Compliance - This press release is issued in compliance with the early warning requirements of National Instrument 62-103, which mandates filing on SEDAR+ along with an Early Warning Report related to the transaction [6].