Mr. Sebastien Pare reports

VIQ SOLUTIONS SECURES FURTHER WORKING CAPITAL

VIQ Solutions Inc. has secured an additional $200,000 of working capital to further assist in financing its continuing operations and growth initiatives. These funds are in addition to the $202,205 of financing proceeds described in the corporation's press release of June 16, 2015. Accordingly, across both of its recently announced financing transactions, VIQ Solutions has raised $402,205 in working capital to be applied to continuing operations.

Specifically, the corporation has entered into an arm's-length loan agreement providing for a 10.5-per-cent secured, subordinated term loan in the principal amount of $100,000 maturing in June, 2017. The corporation has also issued a $100,000 10.5-per-cent unsecured convertible note to the same lender, maturing in June, 2017. The principal amount of this note is convertible, in whole or in part, into common shares of the corporation at a conversion price of 10 cents per share. The convertible note, and the common shares issuable on conversion thereof, is subject to a four-month resale restriction from the date of issue.

Proceeds from these transactions will be used for general working capital purposes and to accelerate new go-to-market initiatives.

We seek Safe Harbor.