Mr. Chris Blackwell reports

CANACCORD GENUITY EXPANDS NORTH AMERICAN DEBT FINANCE & RESTRUCTURING TEAM

Canaccord Genuity Group Inc. has expanded its North American debt finance and restructuring practice with the addition of Brian Bacal as managing director and head of Canadian restructuring.

"We are very pleased to welcome Brian Bacal, who brings an outstanding track record of advising on a broad range of restructuring engagements both in Canada and the U.S.," said Chris Blackwell, managing director and head of investment banking. "The addition of dedicated Canadian-based expertise adds a strong complement for our existing team in the U.S. and strengthens our advisory capability for clients in Canada."

The Canaccord Genuity debt finance and restructuring team provides fully independent strategic advice without the inherent conflict of its lending competitors. The group draws upon deep expertise and relationships across a fully integrated global platform, to deliver a broad range of opportunities and solutions for companies seeking to better utilize their balance sheets and unlock greater value within their capital structure.

Starting in April, Mr. Bacal will be based in Toronto and will work closely with the company's restructuring advisory professionals in Canaccord Genuity's U.S. operation. Together, they will build upon Canaccord Genuity's history of restructuring advisory mandates with notable U.S. and Canadian companies, while they continue to enhance collaboration with their counterparts across the firm's global operations.

Mr. Bacal brings more than a decade of experience to his role, most recently as a senior member of the recapitalization and restructuring group at Moelis & Company, where he led coverage in Canada for the group and advised on many Canadian, U.S. and cross-border assignments since 2009. In this role, he oversaw in-court and out-of-court financial restructurings, provided advisory services including liability management and reduction, covenant amendments, maturity extensions, stressed and distressed asset acquisitions and sales, and insolvency planning and execution. Mr. Bacal has led multiparty negotiations on behalf of creditors and debtors and his expertise spans nearly every major industry sector, including aerospace, consumer goods, energy, financial institutions, industrials, health care, infrastructure, lodging, media, metals and mining, power and utilities, retail, services, technology, and telecom. He began his career at Greenhill & Co. in 2006. Mr. Bacal holds an HBA from the Richard Ivey School of Business.

About Canaccord Genuity

Canaccord Genuity is the global capital markets division of Canaccord Genuity Group, offering institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales, and trading services with capabilities in North America, Europe, Asia, Australia and the Middle East. The company is committed to providing valued services to its clients throughout the entire life cycle of their business and operating as a gold standard independent investment bank -- expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention.

About Canaccord Genuity Group Inc.

Through its principal subsidiaries, Canaccord Genuity Group is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the company has been driven by an unwavering commitment to building lasting client relationships. The company achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The company has offices in 10 countries worldwide, including wealth management offices located in Canada, the United Kingdom, Guernsey, Jersey, the Isle of Man and Australia.