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Newmac Resources Inc. M&A Activity 2022

Dec 13, 2022

45664_rns_2022-12-12_3580be7e-83fd-40f8-a5b3-9e1f71bb3021.pdf

M&A Activity

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NEWMAC RESOURCES INC.

203 - 601 North Road Coquitlam, BC V3J 1P1

www.newmacresources.com

NEWMAC RESOURCES ANNOUNCED TERMINATION OF REVERSE TAKEOVER OF SIGNALCHEM LIFESCIENCES CORPORATION

December 12, 2022 – Newmac Resources Inc. (TSXV:NER) announces that it received a termination notice from SignalChem Lifesciences Corporation (“SignalChem”) on the proposed reverse takeover transaction with SignalChem on December 7, 2022. The Company is evaluating the situation and options available.

Respectfully submitted ON BEHALF OF THE BOARD

“Han Xin (Harrision) Wu” Han Xin (Harrision) Wu CEO

For further information, please contact

Valent Chan, CFO, at telephone 778.288.3252.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.