Boba Mint Holdings Ltd. Introduces Major Update to Tanjea - Race to Riches Mobile Game, Bringing Match 3 Mechanics to Android Users

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Boba Mint Holdings Ltd. (CSE: TNJ) ("Boba" or the "Company"),

Boba Mint, the innovative gaming company, is thrilled to announce the release of a significant update to its popular blockchain mobile game, Tanjea - Race to Riches, now available exclusively for Android users. This update marks a milestone in the game's evolution, introducing a dynamic Match 3 mechanic that promises to revolutionize gameplay for fans worldwide.

In this latest iteration, players embark on a thrilling journey where they collect gold coins and Tanjea crystals by strategically swiping and breaking them in-game. These valuable resources can be utilized to upgrade characters, enhancing their abilities and unlocking new features. Furthermore, the game now boasts structured levels, departing from its previous endless format, providing players with a satisfying sense of linear progression.

Additionally, Boba Mint has integrated Google's Cloud Firebase Analytics into the game, enabling comprehensive analytics to track player engagement and behavior. Zon emphasized the importance of data-driven decision-making, stating, "Every download is an event, providing invaluable insights into player progression. With this data, we can precisely identify pain points and refine the gaming experience accordingly."

Looking ahead, Boba Mint is committed to analyzing the impact of this update on player retention and monthly active users. By leveraging analytics and user feedback, the company aims to continuously improve Tanjea - Race to Riches, cementing its position as a leading mobile gaming platform.

As the gaming landscape evolves, Boba Mint remains optimistic about the potential of its Match 3 mechanic to attract and retain players. With renowned titles like Candy Crush and Toon Blast setting the standard, the company is confident that its latest update will elevate Tanjea - Race to Riches to new heights.

About Boba Mint Holdings Ltd.

Boba Mint Holdings Ltd. is focused on the development of blockchain mobile games that integrate ERC20 tokens and ERC721 NFTs. Its primary product is a mobile blockchain gaming ecosystem called Tanjea, where gamers collect NFT characters (primarily birds and wolves) in multiple mobile games and use them to earn $TNJ tokens.

On Behalf of the Board of Directors,

Boba Mint Holdings Ltd.

"Michael Zon"

President

For further information, please contact:

Michael Zon - President

Phone: +1 (416) 361-0737

Email: michael@tanjea.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for this release's adequacy or accuracy.

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Boba's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-Looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Such statements include those relating to game development and the Company's expectations and plans. Although Boba believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the blockchain sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mobile video game industry and markets in Canada and generally; the ability of Boba to implement its business strategies; competition; and other assumptions, risks and uncertainties. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. The foregoing statements expressly qualify any forward-looking information contained herein. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in Boba' Form 2A Listing Statement dated April 19, 2024 which is available on Boba's profile at http://www.sedarplus.ca and on the CSE website at https://thecse.com/listings/boba-mint-holdings-ltd/.

This news release does not constitute an offer to sell or the solicitation of an offer to buy, and shall not constitute an offer, solicitation or sale in any state, province, territory or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction.

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