General Assembly Holdings Limited announced a change to its board of directors (the “Board”), a strategic financing and a production facility move. Changes to the Board: The company announced the appointment of Glen Keleher to the Board. Mr. Keleher brings over 20 years of operational experience in multiple manufacturing industries and has extensive experience reducing production costs while providing better quality products.

Mr. Keleher has successfully led two manufacturing companies from start up through to successful exit. Equipped with a business degree from Brock University and a Lean Executive designation from the Michigan Manufacturing Technology Center, Mr. Keleher has acted as an advisor to some of Canada's most exciting startups, guiding them to create meaningful strategic plans and coaching them to achieve their desired results. Mr. Keleher replaces Nicholas Reichenbach, who has resigned from the Board to pursue other interests.

The Company would like to thank Mr. Reichenbach for his extensive contributions. Mr. Keleher's appointment remains subject To Approve the TSX Venture Exchange (the “TSXV”).