Portland Investment Counsel Funds Win at 2018 Canadian Hedge Fund Awards

Burlington, Ontario–(Newsfile Corp. – October 18, 2018) – Portland Investment Counsel Inc. (“Portland”) is pleased to announce that it was the recipient of three awards at the 2018 Canadian Hedge Fund Awards, the highest honour in Canada’s hedge fund industry. The Annual Canadian Hedge Fund Awards celebrate the talent and accomplishments of Canada’s hedge fund industry and help investors identify the most exceptional hedge funds, recognizing winners in five categories.

207 Canadian hedge funds participated in the 2018 Canadian Hedge Fund Awards program and Portland is happy to announce that the following Portland funds were winners in three of the five categories:

Private Debt: Best 5 Year Return - 1st place Portland Private Income Fund

Private Debt: Best 5 Year Sharpe Ratio – 1st place Portland Private Income Fund

Equity Focused: Best 5 Year Return – 3rd place Portland Focused Plus Fund LP

“We are very humbled and honoured to have received the 2018 Canadian Hedge Fund Awards in the Equity Focused and Private Debt categories. The awards are a positive reinforcement that we are on the right track as a firm and represent Portland’s commitment to the creation and democratization of wealth for all wealth-seeking investors,” stated Portland Chief Investment Officer, Chris Wain-Lowe.

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About Portland
The Wealthy Invest Differently. Portland understands this and has made it their mission to provide all wealth-seeking investors with access to investment opportunities both within the public and private realm typically reserved for the world’s most wealthy and successful institutional investors. Portland invests in private equity, private debt, publicly traded equities and fixed income securities globally on behalf of retail and institutional clients. www.portlandic.ca.

About the Annual Canadian Hedge Fund Awards:
The Annual Canadian Hedge Fund Awards were first held in 2008 and have a two-fold objective: First, to celebrate the talent and accomplishments of Canada’s hedge fund industry, and second, to draw attention to Canada’s hedge funds by raising the awareness of that expertise in the media and among the wider investment community.

For further information contact:

Portland Investment Counsel Inc.
Diana Oddi, Director, Communications and Marketing
905-331-4250
doddi@portlandic.com

The awards are based solely on quantitative performance data to June 30th, 2018 with Fundata Canada managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winning hedge funds. The Alternative Funds (the “Funds”) are not publicly offered. They are only available under Offering Memorandum and other exemptions to investors who meet certain eligibility or minimum purchase requirements such as “accredited investors”. Information herein pertaining to the Funds is solely for the purpose of providing information and is not to be construed as a public offering in any jurisdiction of Canada. The offering of Units of the Funds are made pursuant to an Offering Memorandum and the information contained herein is a summary only and is qualified by the more detailed information in the Offering Memorandum.

Commissions, trailing commissions, management fees and expenses all may be associated with investments. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemptions, distributions or optional charges or income taxes payable by any securityholder in respect of a participating fund that would have reduced returns. Funds are not guaranteed, their values change frequently and past performance may not be repeated.

The Manager believes that the following risks may impact performance of the LP: concentration, leverage, currency and exchange rate risk and equity risk. Please read the “Risk Factors” section in the Offering Memorandum for a more detailed discussion of the relevant risks.

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Gunpowder Capital Corp., Raises $211,741.00 CDN via Non-Brokered Private Placement Raises

Toronto, Ontario–(Newsfile Corp. – October 17, 2018) – Gunpowder Capital Corp., (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N), (“Gunpowder” or the “Corporation”) announced today that it has closed the first and final tranche of its previously announced non-brokered private placement raise. In total One Hundred and Fifty-Four Thousand, Two Hundred and Forty-One Dollars (“$154,241,00”) CDN was raised in this tranche via the sale of Three Million, Eighty-Four Thousand, Eight Hundred and Twenty-Eight (“3,084,828”) Units at a price of Five Cents (“$0.05”) CDN per Unit. Each unit is comprised of one common share of the Corporation, and one common share purchase warrant. This placement was previously announced, via press release, back on August 24th, 2018.

Each whole warrant entitles the holder to acquire one common share of the Corporation for Seven and a Half Cents (“$0.075”) CDN for a period of 24 months from the closing date. All common shares issued in connection with this placement will be subject to a four month plus one day hold period under applicable Canadian securities laws.

In connection with the closing of this private placement offering, Gunpowder Capital Corp., paid a finder’s fee totaling Twelve Thousand, Three Hundred and Thirty-Nine Dollars (“$12,339.00”) CDN in connection with certain subscriptions for the Corporation’s Units.

The Corporation also announced today that it has conducted, and that it has closed, a non-brokered private placement raise where Fifty-Seven Thousand, Five Hundred Dollars (“$57,700.00”) CDN was raised by issuing Five Thousand Seven Hundred and Fifty (“5,750”) of the Corporation’s “Class — A” Preferred Shares at a price of $10.00 CDN per share. The “Class – A” Preferred Shares will pay up to an 8% annual dividend to the holders of the preferred shares. The shareholders of the “Class — A” Preferred Shares will also see a 25% of after tax realized gains on any capital dispositions. No special voting rights will be granted to the holders of the “Class- A” Preferred Shares.

In connection with the closing of this “Class – A” Preferred Shares private placement offering, Gunpowder Capital Corp., paid a finder’s fee totaling Four Thousand, Six Hundred Dollars (“$4,600.00”) CDN in connection with certain subscriptions for the Corporation’s this “Class – A” Preferred Shares.

The Corporation has entered into a debt settlement agreement where the Corporation will issue Five Hundred Thousand (“500,000”)

common shares at a deemed price of Five Cents (“$0.05”) CDN per common share, to settle Twenty-Five Thousand Dollars (“$25,000.00”) CDN of debt due to one creditor. All shares issued in the debt settlement agreement will be subject to a four month plus one day hold period under applicable Canadian securities laws. All proceeds from the two financings will be used for general working capital purposes. As of the date of issuance of this press release, the Corporation now has 35,095,084 common shares outstanding and 473,020 Class — A Preferred shares outstanding.

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com.

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Viribus Structural Connectors Inc. Engages Gunpowder Capital Corp.

Toronto, Ontario–(Newsfile Corp. – October 11, 2018) – Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N) (“Gunpowder” or the “Corporation”) announced today that Viribus Structural Connectors Inc., (“Viribus”) has retained Gunpowder to act as financial advisor to Viribus and to assist Viribus in its proposed “go public” transaction.

As compensation to Gunpowder for the services Gunpowder will provide Viribus in both the financial advisory and “go public” endeavors, Viribus will immediately pay Gunpowder a one-time advisory fee of Thirty Thousand Dollars (“$30,000.00”) CDN. In addition, Viribus will also issue Two Hundred Thousand Dollars (“$200,000.00”) CDN worth of Viribus Common Shares to Gunpowder. The Viribus Common Shares shall be issued to Gunpowder upon completion of Viribus being listed onto a Canadian based Stock Exchange.

Mr. Paul Haber Stated: “We are extremely pleased to have been selected by Viribus to manage the next stage in Viribus’ corporate development and growth.”

Mr. Patrick Dunn, CEO of Viribus Structural Connectors Inc., added: “We look forward to listing Viribus as quickly as possible onto a Canadian based stock exchange and we look forward with working with the Gunpowder team in commencing this process. We are very optimistic that Viribus could be listed onto a Canadian based stock exchange by the end of Q2 in 2019.”

About Viribus Structural Connectors Inc.

Viribus Structural Connectors Inc., offers an innovative and proprietary structural, seismic and interlocking universal steel bracing system for both dimensional and engineered I-joist construction. We use a proprietary method of manufacturing and distribution producing your order locally. This allows us to provide fast delivery of small to large orders. Alliance Structural Product Sales Corp. was founded in British Columbia and is proud to provide products across the country making our homes and buildings safer. For more information please visit www.structurelock.com.

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com.

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp. 
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com 

Mr. Patrick Dunn
CEO & Director
Viribus Structural Connectors Inc.
T: (778) 558-9166
E: patrick@structurelock.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Gunpowder Capital Corp., Acquires Alpha Invoice www.alphainvoice.com

Toronto, Ontario–(Newsfile Corp. – October 10, 2018) – Gunpowder Capital Corp., (CSE: GPC), (CSE: GPC.PR.A), (OTCQB: GNPWF), (FSE: YS6N), (“Gunpowder” or the “Corporation”) announced today that the Corporation’s wholly owned subsidiary, GP Financial Services Corp., has acquired Alpha Invoice Inc. (“Alpha”) an online portal providing short term financing solutions to business by factoring invoices.

Alpha has an existing customer base and had unaudited revenues of approximately Three Hundred Thousand Dollars (“$300,000.00”) CDN last year.

Mr. Paul Haber Stated: “Small businesses most often need short-term loans instead of long-term debt financing. Most term loans, classified as short-term, usually have a maturity of one year or less. Alpha Invoice factoring loans with short maturities can help businesses meet an immediate need for financing. We feel that the acquisition of this portal will serve as a very useful tool in expanding our current loan portfolio and will assist in growing GP Financial Services Corp.”

Total consideration paid for this acquisition was Five Thousand Dollars (“$5,000.00”) CDN.

About Alpha Invoice

When businesses have to wait 30 to 120 days to get paid for the work that they have done from existing customers it may put strain on new & current business as well day to day operations. Alpha Invoice provides them with instant cash flow by purchasing the very invoices they are waiting for from their customer base. As a Factor, Alpha Invoice helps small to medium businesses bridge their cash flow challenges when they sell their goods and services to large credit worthy customers but must wait 30 to 120 days to get paid. Alpha Invoice buys their invoices (credit receivables), at a discount, and provides immediate financing.. For more information please visit www.alphainvoice.com.

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com.

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Gunpowder Capital Corp., Acquires 658,182 Units of Harbour Star Capital Inc.

Toronto, Ontario–(Newsfile Corp. – October 9, 2018) – Gunpowder Capital Corp., (CSE: GPC), (CSE: GPC.PR.A), (OTCQB: GNPWF), (FSE: YS6N), (“Gunpowder” or the “Corporation”) announced today that the Corporation had acquired Six Hundred and Fifty-Eight Thousand, One Hundred and Eighty-Two (“658,182”) Units of Harbour Star Capital Inc., dba EastWest Biosciences, (“Harbour Star”). As At the date of this press release, and due to the completion of this announced transaction, Gunpowder in total now owns Seven Hundred and Seventy-Four Thousand, Eight Hundred and Forty-Nine (“774,849”) Common Shares of Harbour Star.

The Units were issued to Gunpowder at a price of Twenty-Seven and a Half Cents (“$0.275”) CDN per Unit. Each Unit that Gunpowder acquired consists of one Common Share of Harbour Star and one-half of one Common Share Purchase Warrant of Harbour Star. Each whole Warrant shall entitle Gunpowder the ability to acquire one additional Common Share at a price of Fifty Cents (“$0.50”) CDN per Common Share for a period of 12 months from the date of issuance, subject to an acceleration clause whereby if, following the Closing Date, the 10-day volume weight average trading price of the Common Shares of the Corporation on the principal market on which such shares trade is equal to or exceeds Seventy-Five Cents (“$0.75”) CDN. On October 4th, 2018 Harbour Star announced, via press release, that it had closed a private placement offering of which the units issued to Gunpowder were part of that offering.

The Corporation acquired the Units by retiring the remaining principle amount of One Hundred and Eighty-One Thousand Dollars (“$181,000.00”) CDN that EastWest Biosciences owed Gunpowder via a secured promissory note. The note was previously secured by a 2nd Mortgage charge in favor of Gunpowder on a building owned by EastWest Biosciences. Gunpowder has removed the 2nd Mortgage on the aforementioned property.

About EastWest BioScience Group

EastWest Bioscience is a seed-to-sale organization that offers world class manufacturing and premium hemp-based consumer goods. Since it was founded in 2016, EastWest continues to grow as a high-quality producer, manufacturer and distributor of multiple lines of premium hemp products. EastWest is strategically positioned in mainstream consumer markets with wholistic natural products and has developed distribution channels into mainstream stores and markets in Canada. The Company has a Health Canada licensed, GMP (Good Manufacturing Practices) certified manufacturing facility and produces premium brands offering natural products for a preventive care lifestyle. EastWest consumer product lines are divided into four distinct brands: 1) Natural Advancement — natural biopharmaceutical health supplements; 2) Earth’s Menu — all-natural hemp superfoods; 3) Natural Pet Science — pet food and pet supplements; and 4) Chanvre Hemp — all-natural health and beauty products. The organization will continue to focus on ongoing development of innovative, hemp-based consumer products through advanced science with clean, natural ingredients to complement its current product offerings. For further information, please visit www.eastwestscience.com.

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com.

For further information please contact:

Mr. Frank Kordy
CEO & Director 
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com                                                                                  

Mr. Paul Haber                                                             
CFO                                  
Gunpowder Capital Corp.                                   
T: (416) 363-3833                                               
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Gunpowder Capital Corp. Declares Quarterly Dividend

Toronto, Ontario–(Newsfile Corp. – October 1, 2018) – Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N) (“Gunpowder” or the “Corporation”) announced today that it has declared a dividend of $0.20 per outstanding “Class — A” and “Class — B” Preferred Share of its capital payable on, or after, November 1st, 2018 to all “Class — A” and “Class — B” Preferred Shareholders of record at the close of business on October 19th, 2018.

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com.

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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Gunpowder Capital Corp. Announces Results of its AGM

Toronto, Ontario–(Newsfile Corp. – September 17, 2018) – Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N) (the “Corporation”) “) announced today the results of the Corporation’s Annual General Meeting (“AGM”) of Shareholders which was held on September 14th, 2018 at 11:00 am EST at the Corporation’s head office in Toronto.

The Corporation is pleased to report that all items that were set out in the Notice of the Meeting were duly passed at the AGM including the appointment of UHY McGovern, Hurley LLP., as the Corporation’s Auditor, the approval of the Corporation’s current Stock Option plan and the election of the Directors. Each of the nominee Directors recommended by Management, and listed in the Corporation’s Information Circular, and Proxy Statement dated July 30th, 2018 were elected as a Director of the Corporation for a term ending at the next Annual General Meeting of Shareholders. Out of the 32,643,025 common shares eligible to vote at this year’s AGM, proxies were received from the holders of 12,125,339 common shares, representing a voting percentage of 37.1%. The voting results are as follows:

Appointment of Auditors

Votes For Votes Against Abstain Percentage in Favor For
12,122,339 Nil / 0 3,000 99.9%

 

Approval of Stock Option Plan

Votes For Votes Against Abstain Percentage in Favor For
11,963,540 161,799 0 / NIL 98.6%

 

Election of Directors

Name of Nominee Votes For Abstain / Against Percentage in Favor For
Steve Mlot 12,122,339 3,000 99.9%
Dan Collia 11,987,640 137,699 98.9%
Frank Kordy 11,895,540 229,799 98.1%

 

Mr. Frank Kordy stated: “I’m extremely pleased, yet again, by the very strong voter turnout at this year’s AGM, as this is the second consecutive year where over 35% of the eligible vote was cast which is an extremely healthy voting turnout for an entity of this size. Once again, the Shareholders of the Corporation have demonstrated that they have a very strong interest in their Corporation and they have demonstrated that they have strong confidence in the current Management team, and confidence in the direction that their Corporation is currently headed in. As stated at the meeting, since implementing our current merchant banking business model and implementing the retirement of the mining business model, we have now generated $2.2M CDN in revenue vs. generating $0 / Nil in revenues as a mining entity. In Q3 of 2017, we posted the first ever quarterly profit in the Corporation’s history. We also continue to witness rapid growth with our incoming revenue streams. In 2016 – which was a transitional and restructuring year – we generated $161,916 CDN in revenue for the twelve months ended, and $34,389 CDN in revenue for the six months ended. In 2017, we generated $1,437,107 CDN in revenue for the twelve months ended and $349,373 CDN in revenue for the six months ended. Thus far in 2018, we have generated $643,793 CDN in revenue for the six months ended which represents a 84% increase for the six months ended in 2018 vs. the six months ended in 2017. Both the Board and the Management team of Gunpowder wish to express their ‘thanks’ to all shareholders for their continued support. The Management team will continue to work hard in advancing the Corporation forward and we will remain focused on increasing the Corporation’s asset pool and incoming revenue streams.”

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.

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