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TORONTO, ONTARIO -- (Marketwired) -- 05/13/16 -- Stompy Bot Corporation (CSE:BOT) (the "Company") is providing a default status
report in accordance with the alternative information guidelines set out in National Policy 12-203 - Cease Trade Orders for
Continuous Disclosure Defaults ("NP 12-203").
On April 29, 2016, the Company announced (the "Default Announcement") that it had not filed its annual financial statements and
management discussion and analysis for the year ended December 31, 2015, together with the related certification of filings under
National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the "Continuous
Disclosure Documents") by the prescribed deadline of April 29, 2016.
Except as discussed below, there have been no material changes to the information contained in the Default Announcement or any
other changes required to be disclosed under NP 12-203.
The Company anticipates that the Continuous Disclosure Documents will be filed by May 31, 2016. The Company will continue to
provide bi-weekly updates, as contemplated by NP 12-203, until the Continuous Disclosure Documents have been filed. In the event
that the Company does not file the Continuous Disclosure Documents by July 4, 2016, the Canadian Securities Regulatory Authorities
may impose an issuer cease trade order on the outstanding securities of the Company. The Company intends to satisfy the provisions
of the Alternative Information Guidelines during the period it remains in default of the filing requirements.
Forward-Looking Information
Certain information set forth in this news release may contain forward-looking information that involve substantial known and
unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which
are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry
conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking information. The parties undertake no obligation to update forward-looking information
except as otherwise may be required by applicable securities law.
Contacts:
Stompy Bot Corporation
Jon Gill
416-722-1166
jgill@stompybot.com
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