VANCOUVER, British Columbia, May 1, 2026 - TheNewswire – Wildpack Beverage Inc. (TSXV: CANS), (“Wildpack” or the “Company”) announced today that the British Columbia Securities Commission has issued a temporary management cease trade order (the "MCTO") under National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"), which will prohibit trading in securities of the Company by the chief executive officer and chief financial officer of the Company until such time as the Required Filings (as defined below) and all continuous disclosure requirements have been filed by the Company, and the MCTO has been lifted. During the period in which the MCTO is effective, the general public, who are not insiders of the Company, will continue to be able to trade in the Company's listed securities.

The Company was unable to file its audited annual financial statements for the year ended December 31, 2025, together with the related management's discussion and analysis and Chief Executive Officer and Chief Financial Officer certifications (collectively, the "Required Filings"), on or before the April 30, 2026 filing deadline (the "Filing Deadline").

The delay in filing the Required Filings is due to short-term cash constrains impacting the Company. The Company is actively working on addressing the cash constrains so that it can complete the Required Filings. The Company remains committed to completing the filing as soon as practicable. The Company wishes to clarify that this delay is purely administrative in nature, does not arise from any disagreement with its auditors. The Company anticipates that it will be in a position to remedy the default by filing the Required Filings on or before June 30, 2026. The MCTO will be in effect until the Required Filings are completed.

The Company also announces that Ryan Mason has resigned from his position as Chief Financial Officer. Mr. Mason has elected to remain with the Company as a financial advisor in order to continue working closely with management and the auditors to complete the Required Filings.

“The board wishes to thank Ryan for his contributions to Wildpack over his long tenure with the Company and looks forward to his continued involvement with management as a financial advisor.”

“I am incredibly proud of the progress we’ve made and the talented team in place, and while I’ve decided to step down as Chief Financial Officer, I remain very confident in the company’s continued growth and success.” – Ryan Mason

In accordance with NP 12‑203, the Company will provide bi‑weekly status updates by way of news releases for so long as the Required Filings remain outstanding. The Company does not anticipate any additional specified defaults under NP 12‑203.

About Wildpack

Wildpack is engaged in beverage manufacturing and packaging, operating in the middle market by providing sustainable aluminum can filling and decorating services to brands throughout the United States. Wildpack currently operates indirectly through its wholly owned subsidiaries and out of facilities in Baltimore, Maryland and Austin, Texas. Wildpack commenced trading on May 19, 2021 on the TSX Venture Exchange under the symbol "CANS.V".

Per:         “Thomas Walker”

Thomas Walker

Interim Chief Executive Officer

Visit our investor website at:  

https://investor.wildpackbev.com

Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws, including, without limitation, statements with respect to: statements regarding the timing, review, completion and filing of the Required Filings. Such statements involve known and unknown risks, uncertainties, and other factors and assumptions which may cause the actual results, performance, or achievements of Wildpack Beverage Inc., or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including, without limitation, the risk of the Company not filing the Required Filings on time. Such statements can be identified by the use of words such as “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict”, and other similar terminology, or state that certain actions, events, or results “may”, “can”, “could”, “would”, “might”, or “will” be taken, occur, or be achieved.

These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source: Wildpack Beverage Inc.

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