Early Warning News Release Regarding Update To Investment By Salvatore Milia In Christina Lake Cannabis Corp.
(TheNewswire)
Vancouver, British Columbia – February 24, 2026 –TheNewswire - Pursuant tothe early warning requirements of applicable Canadian securities laws,Salvatore Milia reports that he, has acquired ownership and directionor control on a direct and indirect basis over an additional 5,030,000common shares (the “Common Shares”) of Christina Lake CannabisCorp. (the “Company”) since the filing of an updated earlywarning report dated December 12, 2025.
Since the last early warning report, the Common Shareswere acquired between December 13, 2025 and February 23, 2026 atprices ranging from $0.03 to $0.04 per Common Share for aggregateconsideration of approximately $163,525.
Immediately prior to the acquisitions referred toabove, Mr. Milia ownership and direction or control over 31,395,9132Common Shares, representing approximately 12.65% of the 248,093,565issued and outstanding Common Shares of the Company on a non-dilutedbasis.
As a result of the acquisitions referred to above, Mr.Milia now has ownership and direction or control over 36,425,913Common Shares, representing approximately 14.68% of the 248,093,565issued and outstanding Common Shares of the Company on a non-dilutedbasis.
The Common Shares were acquired for investmentpurposes. Mr. Milia has a long-term view of the investment and,depending on market conditions and other circumstances, may in thefuture increase or decrease his shareholdings in the Company, whetherin the open market, by privately negotiated agreement orotherwise.
Mr. Milia's address is located at 2515 EdgemontBlvd, North Vancouver, BC, V7R 2M9. The Company's head office islocated at 1890 – 1075 West Georgia Street, Vancouver, BC, V6E3C9.
A copy of the early warning report to which this newsrelease relates can be obtained from Mr. Milia at 604-351-3763 or viaemail at salvatore@clcannabis.com, or on the Company’s SEDAR+profile at www.sedarplus.ca.
Copyright (c) 2026 TheNewswire - All rights reserved.
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