MIND CURE HEALTH INC. ANNOUNCES CLOSING OF THE FIRST TRANCHE OF LNG ENERGY GROUP'S SUBSCRIPTION RECEIPT FINANCING

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, June 9, 2023 /CNW/ - Mind Cure Health Inc. (CNSX:MCUR.CN) (OTC-BB:MCURF) (FRA:6MH)  (the "Corporation" or "Mind Cure") is pleased to announce that in connection with the Corporation's previously announced reverse takeover transaction (the "Proposed Transaction") with LNG Energy Group Inc. ("LNG Energy"), LNG Energy closed the initial tranche of a private placement of 31,229,630 subscription receipts of LNG Energy (the "Subscription Receipts") at a price of $0.50 per Subscription Receipt (the "Initial Subscription Receipt Financing") and together with any future tranche or tranches, the "Subscription Receipt Financing") for aggregate gross proceeds of $15,614,815. Canaccord Genuity Corp. ("Canaccord") and Eight Capital (together with Canaccord, the "Co-Lead Agents") acted as co-lead Agents and joint bookrunners in connection with the Subscription Receipt Financing, with a syndicate of agents that included Haywood Securities Inc. (together with the Co-Lead Agents, the "Agents").