Mr. Rishi Tibriwal reports

THE MINT CORPORATION ANNOUNCES RIGHTS OFFERING

The Mint Corp. will be offering rights to holders of its common shares of record at the close of business on June 3, 2016, in respect of an offering to subscribe for up to 73,642,790 common shares at a subscription price of five cents per common share to raise up to $3,682,140. The rights issued under the rights offering will expire at 4 p.m. ET on June 27, 2016.

The rights will be offered to registered shareholders on the record date in each province and territory of Canada. Each eligible holder will receive one right for each common share held. One right plus the subscription price of five cents will entitle the holder to subscribe for one common share.

The rights offering will include an additional subscription privilege under which holders of rights will be entitled to subscribe for common shares that are not otherwise subscribed for under the right offering.

There is no standby commitment in respect of the rights offering. The completion of the rights offering is not subject to raising a minimum amount of proceeds. The company has applied to the TSX Venture Exchange for a waiver of its requirement to list the rights.

Gravitas Financial Inc., which holds approximately 63.5 per cent of the outstanding common shares, has indicated to the company that it intends to participate in the rights offering by exercising all of its basic subscription privilege.

A copy of the rights offering circular will be filed on SEDAR, together with a rights offering notice. The rights offering notice and a rights certificate will be mailed to each eligible holder. Rights may be exercised by sending the completed rights certificate, together with the subscription price, to Computershare Investor Services Inc., the rights agent of the company, on or before the expiry date. Shareholders who own their common shares through an intermediary, such as a bank, trust company, securities dealer or broker, will receive materials and instructions from their intermediary.

The net proceeds of the rights offering will be used by the company for working capital and to pay interest on its outstanding debentures. While the company intends to spend the available funds as described, there may be circumstances where, for sound business reasons, a reallocation of the available funds may be necessary.

We seek Safe Harbor.