Early Warning Reporting for Enerdynamic Hybrid Technologies Corp.

/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES/

TORONTO, March 6, 2019 /CNW/ - Mr. Wilmot L. Matthews ("Mr. Matthews") announced that as a result of issuances of common shares by the Enerdynamic Hybrid Technologies Corp. ("EHT"), the percentage of common shares of EHT that Mr. Matthews beneficially owns or exercises control or direction over has decreased to less than 10% of the issued and outstanding shares of EHT on a diluted and undiluted basis.

As at December 11, 2018, following the expiry of 2,450,000 common share purchase warrants owned by Mr. Matthews, Mr. Matthews beneficially owned or exercised control or direction over an 18% Debenture in the principal amount of $1,000,000, 18,395,000 common shares of the issuer and 10,000,000 common share purchase warrants of the issuer, representing approximately 6.72% of the issued and outstanding common shares of the issuer on a non-diluted basis and representing approximately 10.01% of the issued and outstanding shares of the issuer, assuming the exercise of all common share purchase warrants that Mr. Matthews beneficially owned or exercised control or direction over.

As at March 6, 2019, Mr. Matthews beneficially owns or exercises control or direction over an 18% Debenture in the principal amount of $1,000,000, 18,395,000 common shares of the issuer and 10,000,000 common share purchase warrants of the issuer, representing approximately 6.14% of the issued and outstanding common shares of the issuer on a non-diluted basis and representing approximately 9.18% of the issued and outstanding shares of the issuer, assuming the exercise of all common share purchase warrants that Mr. Matthews beneficially owns or exercises control or direction over.

The securities described herein were acquired by Mr. Matthews for investment purposes. Mr. Matthews may increase or decrease his investment, directly or indirectly, in securities of EHT from time to time, depending on market conditions or any other relevant factors.

EHT is located at 6040 Progress Street, Niagara Falls, Ontario, L2G 0C4. Mr. Matthews is located at 200 King St. W., Suite 1702, Toronto, Ontario, M5H 3T4. This press release is issued pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the early warning report to which this news release relates can be obtained on the SEDAR profile of EHT at www.sedar.com.

SOURCE Wilmot L. Matthews