Amaya Big Sky plans to hold AGM in September

• Amaya Big Sky Capital Corp. announced on June 2, 2026, that it will hold its Annual General Meeting (AGM) in late September 2026 to cure a corporate law default, as its last AGM was held on October 23, 2024.
• The announcement reiterates the May 19, 2026 termination of the proposed qualifying transaction with Flight Food & Beverage Partners Inc.
• Management confirms it is actively exploring alternative acquisition opportunities to complete a qualifying transaction under TSX Venture Exchange Policy 2.4.
• The company remains a capital pool company with no commercial operations and assets limited to cash.

• The June 2 announcement is a direct follow-up to the May 19 termination of the Flight Food & Beverage deal. It provides no new financial data, valuation metrics, or alternative target details.
• The AGM default is a governance red flag. TSX-V capital pool companies are strictly regulated, and missing annual meeting deadlines can trigger compliance reviews or delisting warnings. Rescheduling to September 2026 extends the period of regulatory non-compliance.
• The continued search for a new target is expected post-termination but underscores a lack of near-term commercialization. Without a signed LOI, due diligence progress, or financing terms, the update carries minimal market-moving weight.
• The news is routine and slightly negative due to the governance lapse and the absence of deal momentum. It does not alter the fundamental risk profile but reinforces the company's reliance on management's M&A execution and cash preservation.

• Amaya Big Sky Capital Corp. operates as a TSX Venture Exchange capital pool company.
• It has no commercial operations, no revenue, and holds only cash on its balance sheet.
• The "flagship project" is the identification and completion of a qualifying transaction to merge with or acquire a private operating company, thereby transitioning to a commercial entity.
• The company's value is entirely derivative of management's ability to source, negotiate, and close a viable target within regulatory timeframes.