Emerging Technology

TSXV: JK OTCQB: JKHCF FRA: 68Z

The Company Opened its Telok and Tampines Locations on April 4, 2022 as Part of an Eight-Location Plan for the Country Within the Next Six Months

Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z) a technology focused and enabled operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce that it opened its first two ghost kitchen locations in Singapore on April 4, 2022 . The new ghost kitchens are located in the Telok Ayer (" Telok Location ") and Tampines (" Tampines Location ") areas and are part of a plan to open up to eight locations across Singapore over the next six months. The country is identified by JustKitchen as a key market as the revenue generated by online food delivery is expected to more than triple from USD 470 million in 2021 to over USD 700 million by 2025. 1 Moreover, 92 percent of Singaporeans visit or access restaurant services at least once a week, which is well above the global average. 2

JustKitchen (TSXV: JK, OTCQB: JKHCF, FRA: 68Z) (CNW Group/Just Kitchen Holdings Corp.)

The two Singapore locations were selected by JustKitchen's in-house Data Science and Analytics department as ideal launch sites based on their potential for high trip volumes as well as the cuisine-demand gap and demographics in their areas. The Telok Location is in the Central Business District of Singapore , within the downtown core, and is a prime location based on its densely developed streets that foster an abundance of foot traffic throughout the day. 3 The Telok Location offers delivery and take-away services and is initially featuring a core selection of JustKitchen in-house food brands. The Tampines Location is in the East Side Lovers neighbourhood where a sense of community and food are both highly valued. Easy access to food at all hours of the day, a friendly environment and safe streets make the East Side Lovers area a great place to open a business. 4 The Tampines Location provides delivery and take-away services, with a variety of western cuisines being offered to JustKitchen's customers.

Management Commentary

"We are excited to be opening two ghost kitchen locations in Singapore and six other planned locations across the country. Our ability to establish operations in fast growing markets like Singapore and immediately serve customers to a high level of satisfaction is one of our core strengths," said Jason Chen , Co-Founder and Chief Executive Officer of JustKitchen. "I am proud of our team for continuing to execute on our international expansion plan. Growing from our home base in Taiwan to Hong Kong , Singapore and the Philippines is only the start of our international expansion strategy," added Mr. Chen.

ABOUT JUSTKITCHEN

JustKitchen is primarily a technology focused and enabled operator of ghost kitchens specializing in the development and marketing of proprietary and franchised delivery-only food brands for customers. The Company currently operates in Taiwan , Singapore and Hong Kong with plans to expand operations to other Asian countries. JustKitchen uniquely utilizes a hub-and-spoke operating model, which features advanced food preparation taking place at larger hub kitchens and final meal preparation taking place at smaller spoke kitchens located in areas with higher population densities. The Company combines this operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company's other business, JustMarket, is an e-commerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen.

For more information about the Company, please visit investors.justkitchen.com. JustKitchen's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com .

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

FORWARD-LOOKING STATEMENTS

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur including but not limited to the Company's comments regarding its plan to open up to eight locations across Singapore over the next six months; the Orchard Claymore being the Company's third ghost kitchen in Singapore in May; the Maju Ave location being JustKtichen's first ghost kitchen location in Singapore to have two floors and a large kitchen to facilitate the offering of multiple proprietary menus and partner food brands; securing locations in the Clementi, Serangoon, and Bedok areas of Singapore ; and expanding the number of food brands available to the Singaporean market in June. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks, including those risk factors identified in the Company's prospectus dated March 26, 2021 , and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Endnotes:
  1. "Revenue of online food delivery Singapore from 2017 to 2025 (in million U.S. dollars)", Statista , January 7, 2022 , https://www.statista.com/forecasts/1183536/revenue-online-food-delivery-singapore
  2. "What Singaporeans Are Eating, and When", Aaron Jourden , Entrepreneur Asia Pacific , January 23, 2019 , https://www.entrepreneur.com/article/326808
  3. "Central Area, Singapore ", Wikipedia, last edited February 15 2022, https://en.wikipedia.org/wiki/Central_Area,_Singapore
  4. "East-Siders Always Think Their Side of the Island Is Better. But Why?", Justin Vanderstraaten , Rice Media, December 16, 2018 , https://www.ricemedia.co/culture-life-east-siders-always-think-side-island-better/

SOURCE Just Kitchen Holdings Corp.

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JustKitchen Opening Two Ghost Kitchen Locations in Malaysia

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Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z) a technology-focused and enabled operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce the opening of two new ghost kitchen locations in Malaysia (the " New Locations "). The first location is situated within a COOX Kitchens facility in the Glo Damansara Mall (the " Mall ") in Petaling Jaya (the " PJ Location "), which opened in late May. The second location is a standalone Spoke near the commercial centre of Kuala Lumpur within the Pavilion district in Bukit Bintang (" Bukit Bintang Location ") and is targeted to open in late June. The Company will utilize GrabFood, Foodpanda, and Shopee Food as delivery service partners for the New Locations.

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Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z) a technology focused and enabled operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce it has signed a royalty-based Virtual Kitchen Services Agreement (the " Agreement ") with Cloud Retail Solutions Private Limited doing business as Kitchens Centre (" Kitchens Centre "), which is located in New Delhi, India . Effective April 16, 2022 the Agreement makes JustKitchen's portfolio of food brands available for delivery in the large, new Indian market, which is planned to be authorized and deployed in multiple tranches.

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The Company's Total Revenue and Retail Order Volume Increased in Q2 2022 by 127% and 151%, Respectively, as its Number of Ghost Kitchen Locations Grew From 14 to 28 Locations on a Year-Over-Year Basis

Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTC: JKHCF) ( Frankfurt : 68Z) an operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce that it has filed its unaudited financial results for the second fiscal quarter ending March 31, 2022 the highlights of which are included in this news release. The full set of Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis can be viewed by visiting the Company's website at en.justkitchen.com or its profile page on SEDAR at www.sedar.com .

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TSXV: JK   OTCQB: JKHCF   FRA: 68Z

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Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z), a technology focused and enabled operator of ghost kitchens specializing in the development of delivery-only food brands, is pleased to announce that is has launched Mr. Chili (" Mr. Chili " or the " Brand "), which is an exclusive, delivery-only, spicy noodle menu created in association with the Mr. Hot instant noodle brand in Taiwan . To date, JustKitchen is the first and only ghost kitchen affiliate of Mr. Hot and its celebrity endorser, Jam Hsiao Ching-Teng the famous Taiwanese singer and actor. Additionally, the Company has launched a new curry and don brand, Kitsutaya Curry Donburi (" Kitsutaya ") to appeal to families with children as the menu adds a sweet taste to more traditional curry and don meals at an affordable price point.

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Nanalysis Announces Results of AGM and Appointment of New Director

Nanalysis Scientific Corp. ("the Company", ("the Company", TSXV: NSCI OTCQX: NSCIF FRA: 1N1 ) a leader in portable NMR machines and MRI technology for healthcare and industrial applications, is pleased to report that all proposed resolutions were approved at the Company's Annual General and Special Meeting of shareholders held on June 22, 2022 (the "Meeting"). The number of directors was set at 7 and all director nominees, as listed in the Management Information Circular dated May 20, 2022 (the "Information Circular"), were elected as directors of the Company at the Meeting to serve for a one-year term and hold office until the next annual meeting of shareholders. According to the proxy votes received from shareholders, the results were as follows:

Nanalysis Scientific Corp. (CNW Group/Nanalysis Scientific Corp.)

Nominees:


% For


% Withheld






Sean Krakiwsky


96.566 %


3.434 %

Martin Burian


95.592 %


4.408 %

Werner Gartner


99.852 %


0.148 %

Michal Okoniewski


99.852 %


0.148 %

Guido Cloetens


95.628 %


4.372 %

Rene Lenggenhager


99.852 %


0.148 %

Kham Lin


99.609 %


0.391 %

Shareholders voted 99.85% in favor of setting the number of directors at seven, 99.6% in favor of appointing Ernst & Young LLP, as auditor of the Company for the ensuing year and to authorize the Directors of the Company to fix the auditor's remuneration and 98.1% in favor for the approval of an amended stock option plan of the Company.

Corporate Update

The Company is pleased to welcome Kham Lin to Nanalysis's Board of Directors with immediate effect following shareholder approval at the Meeting.

Mr. Lin is currently a Managing Director at Nanalysis and was formerly the President and Chief Executive Officer of KPrime Technologies before the Company's acquisition by Nanalysis.  Over twenty plus years, Mr. Lin built KPrime, into a manufacturing representative business for global companies like Agilent Technologies, Metrohm USA , Sartorius LPS Division, and Leidos.  KPrime has a portfolio of sales and services in scientific detection and measuring equipment, financing, and asset management for chemical and security industries.  Mr. Lin resides and works in Calgary, Alberta, Canada but also splits time in Phoenix, Arizona at KPrime Headquarters.

About Nanalysis Scientific Corp. (TSXV: NSCI) (OTCQX: NSCIF) (FRA:1N1)

Nanalysis trades on the TSX Venture Exchange (TSXV) in Canada with ticker symbol 'NSCI', OTC and the Frankfurt exchange under the ticker symbol '1N1'. The company's business is what we term "MRI and NMR for industry". The company develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers or analyzers for laboratory and industrial markets. The NMReady-60™ was the first full-feature portable NMR spectrometer in a single compact enclosure requiring no liquid helium or any other cryogens. The company has followed-up that initial offering with new products and continues to have a strong innovation pipeline. Nanalysis recently announced that it has begun selling a 100MHz device in 2020. The Company's new device will be the most powerful and most advanced compact NMR device ever brought to market.

Nanalysis devices are used in many industries (oil and gas, chemical, mining, pharma, biotech, flavor and fragrances, agrochemicals, law enforcement, and more) as well as numerous government and university research labs around the world. The Company continues to exploit new global market opportunities independently and with partners.

With the recent acquisition of K'Prime, the company maintains a North American sales and service company of over 40 individuals who cover scientific instrumentation for pharma, food, chemical and oil & gas customers, as well as imaging systems for security applications.

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Notice regarding Forward Looking Statements and Legal Disclaimer

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Nanalysis Scientific Corp.

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