Mr. David Ingram reports

GOEASY LTD. ANNOUNCES C$30 MILLION BOUGHT DEAL FINANCING

goeasy Ltd. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, Raymond James Ltd. and Cormark Securities Ltd., under which the underwriters have agreed to buy, on a bought deal basis, 600,000 common shares, at a price of $50.50 per common share, for gross proceeds of $30.3-million. The company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering to cover overallotments, if any. The offering is expected to close on or about Oct. 10, 2018, and is subject to goeasy receiving all necessary regulatory approvals.

Net proceeds of the offering will be used to support the growth of the easyfinancial consumer loan portfolio.

"We continue to enhance and strengthen our balance sheet to support the growth of easyfinancial and ensure that we have the financial liquidity to achieve our recently updated three-year targets," said David Ingram, chief executive officer of goeasy. "The use of some equity during a period of high growth helps ensure we remain comfortably below our targeted leverage ratio of 70 per cent net debt to total capitalization and in a conservative position relative to our covenants. Furthermore, when combined with the existing cash on hand and available credit facilities, we now have approximately $340-million in capital available to fund our future growth."

The common shares will be offered in all of the provinces of Canada, excluding Quebec, pursuant to the company's base shelf prospectus dated May 19, 2017, and may also be offered by way of private placement in the United States.

About goeasy Ltd.

goeasy is a leading full-service provider of goods and alternative financial services that provides everyday Canadians with a chance for a better tomorrow, today. goeasy serves its customers through two key operating divisions -- easyfinancial and easyhome.

We seek Safe Harbor.