Dear Shareholders,

I hope you are well and looking forward to the week ahead.

I would like to take this opportunity to thank you for the positive response to my introductory message. I greatly appreciate the time many took to respond and provide me with your thoughts and suggestions. Your feedback will shape our company's future.

Our team has prepared a short article that responds to some of questions I received from shareholders. I hope you will take 5-10 minutes to read it over and provide your thoughts. The article is also posted on our web-site:

Questions & Answers

Also, further to my progress report last week, I wanted to let you know that the May 30 hearing in Nevada regarding our licence status was delayed to June 27. Watch for additional updates soon, particularly in the Q&A section on the website.

Yours truly,
Ascent Industries Corp.

Paul Headshot

Paul Dillman
CEO & Director