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FINANCE COMPANY ACQUISITION UPDATE

The Mint Corp. is making reference to its news releases of Feb. 2, 2017, and April 28, 2017, relating to the proposed purchase of a particular UAE (United Arab Emirates) Central Bank-licensed finance company and its news release of Sept. 15, 2017.

Mint announces that its majority-owned subsidiary, Hafed Holding LLC, is actively engaged in preliminary due diligence and discussions for the purchase of an alternative, well-respected UAE Central Bank-licensed finance company that management believes is a better strategic fit. Any purchase of the finance company will depend, among other things, on Hafed entering into a definitive purchase agreement on satisfactory terms and the completion of due diligence satisfactory to Hafed. Therefore, Mint announces that the original purchase transaction has been terminated.

Mint, through its majority-owned subsidiaries, offers payroll cards for unbanked employees in the UAE. The Mint group intends to launch a lending program to those payroll cardholders. A suitable arrangement with a UAE Central Bank-licensed finance company is required for that purpose, either through acquisition, a joint venture or partnership, or a service arrangement.

About The Mint Corp.

Mint, through its majority-owned subsidiaries, is a globally certified payment company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Mint group is in the process of creating a comprehensive suite of value-added services for its corporate clients and their employees. Mint is proud that the Mint group is the only end-to-end, globally certified payment platform in the UAE. The Mint group network covers the entire spectrum from issuing, processing and acquiring, all through its in-house platform.

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