Experion AGM, Annual and Quarterly Filing Update

VANCOUVER, BC / ACCESSWIRE / April 29, 2020 / Experion Holdings Ltd. (the "Company" or "Experion") (TSXV:EXP)(OTCQB:EXPFF)(FRANKFURT:MB31) is providing an update on the Company's AGM and the status of the filing of its annual financial statements for the year ended November 30, 2019, and its first quarter 2020 financial statements for the period ended February 29, 2020.

Virtual AGM Access

To proactively deal with the unprecedented health impact of coronavirus disease, also known as COVID-19; to mitigate risks to the health and safety of our communities, shareholders, employees and other stakeholders; to comply with current government directives and advice to which we will continue to adhere, we will hold our Annual General Meeting on Wednesday, May 27, 2020 at 11:00AM Pacific Time in a virtual only format, via live audiocast.

Registered Shareholders and duly appointed proxyholders can attend the Meeting online where they can participate, vote, and submit limited questions during the Meeting's live webcast. Shareholders can find instructions on how to register on their voting instruction form found in the management information circular relating to the annual general meeting.

2019 Annual Report and Q1 2020 Filing Update

On March 18, 2020, the Canadian Securities Administrators (CSA) announced that they will provide issuers with a 45-day filing extension for filings required on or before June 1, 2020 to allow issuers the time needed to focus on the many other business and financial reporting implications of COVID-19. Experion will rely on this exemption with respect to the Annual Filings in accordance with BC Instrument 51-515, Temporary Exemption from Certain Corporate Finance Requirements.

The Company is continuing to work diligently and expeditiously with its auditors to file its financial statements, the accompanying management's discussion and analysis and the related CEO and CFO certifications, for both the full year 2019 and first quarter 2020 results on or around May 11, 2020 and by no later than May 14, 2020.

In the interim, management and other insiders of the Company are subject to a trading black-out policy that reflects the principles in section 9 of National Policy 11-207, Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.

The Company confirms that since the filing of its interim consolidated financial statements for the three months ended August 31, 2019, there have been no material business developments other than those disclosed through news releases.

About Experion Holdings Ltd.

Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC.

Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs' including Adult-use, Wellness and Therapeutic, and Medical products.

Experion trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol "EXP" on the OTCQB Venture under the symbol "EXPFF" and on the Frankfurt Stock Exchange under the symbol "MB31"

For further information, please visit the Company's website www.experionwellness.com or contact Investor Relations, Email: IR@experionwellness.com

Disclosure

This press release contains forward-looking information within the meaning of Canadian securities laws. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.

Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, forecast, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to: the state of the financial markets for the Company's equity securities; recent market volatility; the Company's ability to raise the necessary capital or to be fully able to implement its business strategies; the risks identified in the Filing Statement, and other risks and factors that the Company is unaware of at this time. The reader is referred to the Filing Statement dated September 25, 2017 and/or the most recent annual and interim Management's Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company page on SEDAR at www.sedar.com.

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

SOURCE: Experion Holdings Ltd.