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New Media Capital 2.0 Inc. Announces Change of Auditor

Edmonton, AB - TheNewswire - May 26, 2023 - New Media Capital 2.0 Inc. (“New Media” or the “Company”) (TSXV:NEME.P) announces that management has changed its auditor from RSM Canada LLP (successor to RSM Alberta LLP) (“RSM”) to Kenway Mack Slusarchuk Stewart LLP (“KMSS”) located in Calgary, Alberta, effective as at May 26, 2023.  The change in auditor has been approved by the Company's board of directors and its audit committee.


There have been no reservations or modified opinions in the reports of RSM on the Company’s financial statements relating to the period during which RSM was the Company’s auditor nor have there been any reportable events for disagreements or consultations (as those terms are defined in NI 51-102) or any unresolved issues, as that term is defined in regulatory policies.

In compliance with applicable regulatory requirements the appointment of the Company’s new auditors will be brought before the next shareholders meeting.

This press release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.


About New Media Capital 2.0 Inc.

The only business of New Media is the identification and evaluation of assets or businesses with a view to completing a “Qualifying Transaction” in accordance with the policies of the TSX Venture Exchange.

Investors are cautioned that trading in the securities of a capital pool company should be considered highly speculative. For further information, contact: New Media Capital 2.0 Inc., John A. Putters, CEO and Director. Tel.: 587-985-2601.


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