Dinamic IP Holdings Inc. (formerly, 1169077 B.C. Ltd.) Announces Management Changes

Vancouver, British Columbia--(Newsfile Corp. - August 12, 2021) - Dinamic IP Holdings Inc. (formerly, 1169077 B.C. Ltd.) (the "Company") announces management changes effective August 11, 2021:

• Mr. Mike Dai stepped down as the Company's chief financial officer, director, and corporate secretary and Mr. Shahnewaz Shahidi stepped down as a director of the Company. Mr. Dai and Mr. Shahidi are no longer involved with the Company. Management thanks Mr. Dai and Mr. Shahidi for their services and wishes them success in their future endeavors.

• Mr. Brian Zasitko joined the Company as its new chief financial officer, director, and corporate secretary. The Company welcomes Mr. Zasitko who is an experienced businessman bringing in his prior private and public company experiences to our management.

As of August 11, 2021 the Company's board of directors and management consisted of the following:

• Jonathan Gilbert, CEO and Director
• Brian Zasitko, CFO, Director & Corporate Secretary
• Michael Petter, Director

For further information please contact:

Brian Zasitko, CFO, Corporate Secretary, & Director
E-mail: bzasitko@invictusaccounting.com

Cautionary Statements 
This press release may contain certain forward-looking information and statements ("forward-looking information") within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation regarding the Company and statements containing the words "believes", "anticipates", "plans", "intends", "will", "should", "expects", "continue", "estimate", "forecasts" and other similar expressions. In particular, this press release contains such forward-looking information regarding the implied positive affect of changes in its board of directors, management and its name change with respect of future business and operations of the Company. There is guarantee that any of these changes together or alone will be positive, negative, or result in no change to the Company's business, finances and/or operations. Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control such as the future state of the economy. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92962.