Nass Valley Gateway Ltd Announces It Will File Its 2020 EOY Audited Financials by Approximately May 18th, 2021, Well Within the Extension Granted by the BCSC

Vancouver, British Columbia – (NewMediaWire) – May 5, 2021 – Nass
Valley Gateway Ltd (CSE:NVG) (OTC:NSVGF) (FSE:3NVN) (the “Company”), and its
management announce due to unforeseen delays in providing confirmation
documents to its auditor (Manning Elliott LLP) resulting from COVID-19, it will
be in default of the specific filing requirement. Management and its auditor
are confident they will remedy the specific requirement by filing EOY 2020
Financials, MD&A report and all attending certifications by approximately
May 18th, 2021, and well within the extension provided by the BCSC. 

Management will satisfy the
alternative information guidelines by publishing bi-weekly updates until the
filing is completed.

Management will also comply with
a management trading black-out until the filings have been completed within the
extension. This black-out only restricts management and insiders, but not trading
by the public.

There are no material changes or
other items to report at this time.

ABOUT NASS VALLEY GATEWAY LTD. 

Nass Valley Gateway Ltd. (CSE:
NVG.CN) (OTC: NSVGF) (FSE: 3NVN)

Nass Valley Gateway LTD (NVG) is
a publicly traded company on the CSE. In late 2018, Nass Valley Gateway agreed
to merge with Advanced Bioceuticals Limited, a New Jersey LLC focused on the
sales and distribution of made from organic hemp, non-GMO, CBD products. NVG
CBD products will be sold under the “Nass Valley Gardens” brand via
retail, wholesale, direct sales, and digital sales channels. NVG’s products
target the general wellness, pain remediation, dermatology, sleep-aid,
anti-aging, and beauty markets.

We seek Safe Harbor.

Neither the CSE nor its
Regulation Services Provider has reviewed or accepts responsibility for the
adequacy or accuracy of the contents of this news release.

Company: Nass Valley Gateway
Ltd.

422 Richards Street, Suite 170

V6B 2Z4 Vancouver

Canada

Phone: 609-651-0032

E-mail: michael.s@nassvalleygateway.com

Internet: www.nassvalleygateway.com