TORONTO, ONTARIO--(Marketwired - May 30, 2016) - 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 on or before June 17, 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.