Mr. Jerome Hass reports

LIGHTWATER PARTNERS LAUNCHES THE ALL-CANADIAN OIL & GAS ETF (COIL)

Lightwater Partners Ltd. has launched All-Canadian Oil & Gas ETF and the exchange-traded fund (ETF) has completed its initial public offering of Class E units. The units are expected to commence trading on the Toronto Stock Exchange when markets open today under the ticker symbol COIL. Lightwater is the manager, trustee and promoter of the ETF.

The investment objectives of the ETF are to provide holders of units with quarterly cash distributions and the opportunity for capital appreciation by investing in securities of publicly listed companies in the Canadian oil and gas industry. Under normal market conditions, the ETF will primarily invest in equity, equity-related and fixed-income securities of publicly listed companies in the Canadian oil and gas industry.

The ETF intends to pay quarterly distributions to holders of units. The initial distribution period shall be the quarter commencing on April 1, 2026. The amount and date of any future distributions of the ETF will be announced in advance by issuance of a news release.

About Lightwater Partners Ltd.

Lightwater is an independent Toronto-based investment manager founded in 2007. Lightwater manages funds on behalf of individuals, families, investment advisers, family offices and corporations, both domestically and internationally. Lightwater is registered in Canada with the Ontario Securities Commission as a portfolio manager, investment fund manager and exempt market dealer.

We seek Safe Harbor.