WSM Ventures Corp. — Capital/Financing Update 2021

Jan 11, 2021

WSM VENTURES CORP. Suite 2200, 885 West Georgia Street Vancouver, British Columbia V6C 3E8

NEWS RELEASE

WSM VENTURES TO REVIEW RESTRUCTURING OPTIONS

– January 11, 2021 Vancouver, British Columbia – WSM Ventures Corp. (the “ Company ”) (CSE: WSM.X) announces that it has initiated a review of the current capital structure of the Company and available financing options in the context of the current market. Subject to the results of the review, and the availability of financing, the Company intends to consolidate its common share capital on up to a twenty-for-one basis to make the Company more attractive to prospective investors.

A decision to complete a consolidation has not been reached at this time, and the completion of any consolidation is subject to the approval of the Canadian Securities Exchange. The Company will provide further information as it becomes available.

For further information, contact Aleem Nathwani at aleem.nathwani@gmail.com.

On behalf of the Board,

WSM VENTURES CORP.

Aleem Nathwani, Chief Executive Officer

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.