Pioneering Technology Corp. Announces New Annual Meeting Location

Investor Communication

Mississauga, ON – March 23, 2020– Pioneering Technology Corp. (“Pioneering” or the “Company”) (TSXV: PTE), a technology company and North America’s leader in cooking fire prevention technologies and products, announced today that, due to the emerging public health impact of the COVID-19 pandemic, its annual and special meeting of shareholders will now be held at Pioneering’s offices located at 2400 Skymark Avenue, Unit 7, Mississauga, Ontario L4W 5K5. The time and date of the meeting – 1:00 pm (Toronto time) on March 26, 2020 – have not changed.

Pioneering is encouraging shareholders and others not to attend in person the annual meeting and Pioneering’s management will not be making a presentation at the meeting. Only registered shareholders and duly appointed proxyholders will be admitted to the meeting. Shareholders are encouraged to vote on the matters before the meeting by proxy or, in the case of beneficial shareholders, by following the voting instructions provided to them by their broker or other intermediary.

About Pioneering Technology Corp.

Pioneering, based in Mississauga, Ontario is an “energy smart” technology company and North America’s leader in innovative cooking fire prevention technologies and products. Our mission is simple: To help save lives and property from the number one cause of household fire – cooking fires. We do this by engineering and bringing to market energy-smart solutions that make consumer appliances safer, smarter, and more efficient. Our patented cooking-fire prevention products address the multi-billion-dollar problem of cooking fires. According to the National Fire Protection Association, stovetop cooking is the number one cause of household fire and fire injuries in North America. Pioneering’s temperature limiting control (TLC) technology is now installed in over 300,000 multi-residential housing units across North America without a single cooking fire being reported, delivering peace of mind and a solid return on investment for its customers. Pioneering’s proprietary cooking fire prevention solutions include Safe-T-element, SmartBurner, RangeMinder & Safe-T-sensor and are suitable for the majority of the more than 140 million stoves/ranges and over 140 million microwave ovens in use throughout North America. For more information, go to www.pioneeringtech.com.

For more information please contact:

Michael Quast

VP Marketing & Communications

Phone: 647-945-7521 

Email:michaelquast@pioneeringtech.com

Forward Looking Statements

This news release contains certain forward-looking statements that reflect the current views and/or expectations of the Company with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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