Tony G Co-Investment Announces Appointment of Director

Toronto, Ontario--(Newsfile Corp. - September 9, 2022) -  Tony G Co-Investment Holdings Ltd. (CSE: TONY) ("Tony G" or the "Company"), an investment holding company, announces the resignation of Mr. Gregory Pepin as a director of the Company effective September 8, 2022. The Company wishes to thank Mr. Pepin for his valuable contribution to the Company and wishes him every success in his future endeavors.

Mr. Bruno Macchialii has been appointed as a director of the Company. Mr Macchialii is a well-known leader in the digital asset space. With his experience and knowledge dealing with financial institutions he is a sought-after advisor across many verticals.

He is the former CEO and now external consultant at Delchain Limited, a full-service and licensed financial firm. Bruno joined Delchain on the ground floor and was influential in building the team, structure and products. Creating the first financial institution to offer a one-stop shop solution bridging traditional finance and digital asset solutions. Bruno was instrumental in growing Delchain to be one of the largest digital asset platforms in the world.

Bruno provides unique and relevant value to organizations and has helped raise several millions for multiple companies. He is an advocate of digital assets whose personal contributions have progressed the evolution of finance.

Media Contact:
Gediminas Klepackas
Chief Executive Officer
+370 677 73470
gk@tony.holdings

About Tony G:

Tony G is an investment Company seeking returns through investments in the securities of other companies. In particular, the Tony G focuses on the blockchain technology, cryptocurrency, payment processing services, syndicated credit opportunities, online commerce and online gambling industries, including companies or other entities that service such industries. The Company's Common Shares are listed on the CSE under the symbol TONY.

FORWARD-LOOKING INFORMATION

This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of Tony G. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of Tony G to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Forward looking statements in this press release include statements regarding the potential draw down of the facility in one or more closings, the terms of the debentures and warrants that will be dependent on future trading prices and the use of the proceeds from the financing. Although Tony G believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, Tony G assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

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