Toronto, Ontario--(Newsfile Corp. - August 9, 2016) - Jason Monaco (the "Acquiror") announces that he has filed an early warning report (the "Report") announcing that, on August 5, 2016, he acquired an aggregate of $60,000 principal amount of convertible debentures (the "Debentures") at a price of $1,000 and integral multiples thereof per Debenture of Stompy Bot Corporation (CSE: BOT) (the "Issuer"), with each $1,000 Debenture consisting of 8,000 common share purchase warrants (the "Warrants"), for an aggregate total of 60 Debentures and 480,000 Warrants (the "Acquisition"). Each Warrant entitles Mr. Monaco to acquire one (1) common share in the capital of the Issuer at a price of $0.05 per common share until August 5, 2018. The Debentures have an interest rate of 12% per year, calculated semi-annually from their date of issuance and will mature on August 5, 2017. At the option of the holder, principal under the Debenture is convertible (the "Conversion") into common shares of the Issuer (the "Conversion Shares") at a conversion price of $0.05 per Conversion Share.

Following the Acquisition, which together with the Acquiror's existing holdings of 5,954,772 common shares, the Acquiror will own an aggregate of 5,954,772 common shares, 60 Debentures and 480,000 Warrants, which assuming the conversion of the Debentures and the exercise of the Warrants, the Acquiror will hold 7,634,772 common shares representing approximately 12.26% of the issued and outstanding common shares of the Issuer, on a partially diluted basis.

The Acquiror acquired the Debentures for investment purposes. The Acquiror has a long-term view of the investment and may, depending on market and other conditions, or as future circumstances may dictate, from time to time, on an individual or joint basis, increase or dispose of some or all of the existing or additional common shares he holds or will hold, or may continue to hold his current position.

For further details relating to the acquisitions, please see the Report, a copy of which is available on the Issuer's profile on SEDAR at www.sedar.com.

For more information, please contact:

Jason Monaco
145 Front Street East, Suite 207
Toronto, Ontario M5A 1E3
Tel: (416) 566-8894