Castlebar Capital Corp. Appoints New CEO

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2025) - Castlebar Capital Corp. (TSXV: CBAR.P) ("Castlebar" or the "Company"), a capital pool company under Policy 2.4 of the TSX Venture Exchange (the "TSXV") announces the resignation of Mr. Gary Economo from his roles as director and officer with the Company. The Company thanks Mr. Economo for his contributions. The Company appointed Mr. Robert Meister as CEO and reappointed Kosta Tsoutsis as director, effective immediately.

About Castlebar

Castlebar is a capital pool company in accordance with Exchange Policy 2.4 and its principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

Cautionary Statements and Note Regarding Forward-Looking Information

Certain statements contained in this news release constitute "forwardlooking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to the Company, including the Company's goal of completing a Qualifying Transaction, are intended to identify forwardlooking information. All statements other than statements of historical fact may be forwardlooking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions. Material factors or assumptions were applied in providing forwardlooking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forwardlooking information to vary from those described herein should one or more of these risks or uncertainties materialize. These factors include, without limitation: receipt of applicable director, shareholder and regulatory approval of a Qualifying Transaction; changes in law; the ability to implement business strategies and pursue business opportunities; state of the capital markets; the availability of funds and resources to pursue operations; as well as general economic, market and business conditions, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedarplus.ca. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forwardlooking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forwardlooking information. The forwardlooking information included in this news release is made as of the date of this news release and the Company undertakes no obligation to publicly update or revise any forwardlooking information, other than as required by applicable law.

Neither 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.

Not for Distribution to United States Newswire Services or for Dissemination in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250688

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