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July 11, 2022 – TheNewswire - Edmonton, Alberta – Crystal Pool Capital 2.0 Inc. (“Crystal Pool” or the “Corporation”) (TSXV:CPCA.P), a capital pool company, is pleased to announce that it has filed and obtained a receipt from the Alberta, British Columbia and Ontario Securities Commissions for its final prospectus dated June 30, 2022 (the "Prospectus") in connection with a minimum offering of 2,500,000 common shares (the “Common Shares”) and a maximum of 5,000,000 Common Shares at a price of $0.10 per Common Share for gross proceeds of a minimum of $250,000 and a maximum of $500,000 (the “Offering”) in the provinces of Alberta, British Columbia and Ontario.  A copy of the Prospectus is available on SEDAR at sedar.com under the Corporation’s profile.

As described in the Prospectus, the Corporation has 3,900,000 Common Shares currently issued and outstanding of which 3,900,000 Common Shares are subject to escrow restrictions.  The Corporation has retained PI Financial Corp. to act as the agent (the “Agent”) in connection with the Offering and will receive a cash commission of 10% of the aggregate gross proceeds from the sale of the Common Shares, a corporate finance fee of $10,000 and compensation options (the “Agent’s Options”) of 250,000 Agent’s Options if the minimum Offering is completed or up to 500,000 Agent’s Options if the maximum Offering is completed, being 10% of the Common Shares sold under this Offering. The Agent’s Options have an exercise price of $0.10 per Common Share and will expire five (5) years following the date of listing of the Common Shares on the TSX Venture Exchange.  The Corporation has obtained conditional approval from the TSX Venture Exchange to the listing of its Common Shares.

The Corporation expects to grant stock options to acquire up to an aggregate of 890,000 Common Shares at an exercise price of $0.10 per share to the directors and officers of the Corporation, which will expire 10 years from the date of grant.

The Corporation is a capital pool company pursuant to the CPC Policy. The net proceeds of the Offering, together with the proceeds from prior sales of the Common Shares of the Corporation, will be used by the Corporation to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the capital pool company program pursuant to Policy 2.4 of the TSX Venture Exchange.  Except as specifically contemplated in the CPC Policy, until the completion of its Qualifying Transaction, the Corporation will not carry-on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

The current directors and officers of the Corporation are: Peter Cheung (Chief Executive Officer, Chief Financial Officer and director), John Putters (director), David Tam (director) Catherine Hume (VP-Finance), and Kathryn Atwood (Corporate Secretary). Arthur Kwan resigned on December 20, 2021 as a director of the Corporation due to other commitments.

Since the filing of a previous prospectus, the Corporation has issued an additional 1,400,000 Common Shares at a price of $0.05 per Common Share for additional gross proceeds of $70,000.

Investors are cautioned that trading in the securities of a capital pool company is considered highly speculative.

In addition, Ms. Catherine Hume announces that pursuant to early warning disclosure requirements of National Instrument 62-103, Ms. Hume has purchased 400,000 Common Shares of the Corporation on February 4, 2022.

Prior to the sale of shares, Ms. Hume held no Common Shares of the Corporation.  At the conclusion of the purchase of Common Shares, Ms. Hume has ownership and control of 400,000 Common Shares representing 10.3% of the 3,900,000 Common Shares of the Corporation issued and outstanding.   Ms. Hume will also be granted up to 200,000 stock options upon listing on the TSX Venture Exchange entitling Ms. Hume to acquire up to 200,000 Common Shares upon exercise.

Ms. Hume purchased the Common Shares of the Corporation for investment purposes. In pursuing such purposes, Ms. Hume takes a long-term view of the investment.  Other than outstanding stock options to be issued to Ms. Hume upon listing on the TSX Venture Exchange, she has no further rights to acquire any other securities of the Issuer.  Depending on the market and other conditions, Ms. Hume may acquire additional securities of the Corporation as Ms. Hume may deem appropriate, whether in open market purchases (once listed), private negotiated transactions or otherwise.  Ms. Hume may dispose of some or all of the Common Shares.

For further information, please contact CEO and Director:

Peter Cheung

Tel.: 403-910-9191

Forward-looking Statements

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that management of the Corporation expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.

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

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