GlobeNewswire Inc | Apr 20, 2021 08:00AM EDT

April 20, 2021

SACRAMENTO, CA, April 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Boon Industries Inc. (OTC PINK:BNOW) (Boon or the Company), announced today the Chairmans Statement.

Justin Gonzalez, Boon CEO and Chairman, stated, The Company will soon be finalizing the Form-10 Audit and filing of theSEC Form 10, the General Form for Registration of Securities, as a required regulatory filing to sell or issue our securities and a necessary requirement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934.When the registration statement takes effect, we are under the reporting requirements to file annual reports (10-K), quarterly reports (10-Q), current reports (8-K) and annualproxy statements. In addition, our management and shareholders become subject to the beneficial ownership reporting requirements of Sections 13 and 16 of theSecurities Exchange Act of 1934. This is a benefit for all of our shareholders as Boon grows in revenue and size.

Boonisan Innovative Bioscience Company Delivering Solutions that Benefit People and the Planet. Learn more at BoonIndustries.com.

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Safe Harbor for Forward-Looking Statements:This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Companys future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as believes, anticipates, expects, estimates, may, could, would, will, or plan. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet managements expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Contact: Boon Industries Inc.www.boonindustries.comadmin@boonindustries.com