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Early Warning News Release Regarding Update To Investment By Salvatore Milia In Christina Lake Cannabis Corp.
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Vancouver, British Columbia – February 24, 2026 – TheNewswire - Pursuant to the early warning requirements of applicable Canadian securities laws, Salvatore Milia reports that he, has acquired ownership and direction or control on a direct and indirect basis over an additional 5,030,000 common shares (the “Common Shares”) of Christina Lake Cannabis Corp. (the “Company”) since the filing of an updated early warning report dated December 12, 2025.
Since the last early warning report, the Common Shares were acquired between December 13, 2025 and February 23, 2026 at prices ranging from $0.03 to $0.04 per Common Share for aggregate consideration of approximately $163,525.
Immediately prior to the acquisitions referred to above, Mr. Milia ownership and direction or control over 31,395,9132 Common Shares, representing approximately 12.65% of the 248,093,565 issued and outstanding Common Shares of the Company on a non-diluted basis.
As a result of the acquisitions referred to above, Mr. Milia now has ownership and direction or control over 36,425,913 Common Shares, representing approximately 14.68% of the 248,093,565 issued and outstanding Common Shares of the Company on a non-diluted basis.
The Common Shares were acquired for investment purposes. Mr. Milia has a long-term view of the investment and, depending on market conditions and other circumstances, may in the future increase or decrease his shareholdings in the Company, whether in the open market, by privately negotiated agreement or otherwise.
Mr. Milia's address is located at 2515 Edgemont Blvd, North Vancouver, BC, V7R 2M9. The Company's head office is located at 1890 – 1075 West Georgia Street, Vancouver, BC, V6E 3C9.
A copy of the early warning report to which this news release relates can be obtained from Mr. Milia at 604-351-3763 or via email at salvatore@clcannabis.com, or on the Company’s SEDAR+ profile at www.sedarplus.ca.
