Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal"), announces that the filing of its audited annual financial statements, management's discussion and analysis and related Chief Executive Officer and Chief Financial Officer certifications for the year ended December 31, 2023 (the "Required Filings") will be delayed beyond the prescribed filing deadline of April 29, 2024.

Vancouver, British Columbia--(Newsfile Corp. - April 12, 2024) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal"), is pleased to announce that it continues to make progress on securing a viable site in the southern U.S. to host the previously announced antmining machine business line. It is important to note that this site is the largest to date in terms of potential processing power with up to 100 Megawatts of power, capable of hosting up to 38,000 antmining machines. ParcelPal plans to enter into a letter of intent for this property in the next week, assuming it can secure acceptable financing terms on the equipment needs and delivery schedules from all other parties involved. Unlike prior sites under consideration, this site is a natural gas site, which would power the electricity needed to operate the antminer machines. To this end, the Company has entered into negotiations with an on-site generator supply company and has sourced the sites equipment needs, each of which is contingent upon the final consummation of the other components of the deal, including signing the final equipment financing terms, as well as the payment terms to the Company by the third party whose machinery the Company would be hosting.