Mr. Harold Wolkin reports

DEAL PRO CAPITAL FILES FILING STATEMENT FOR QUALIFYING TRANSACTION

Further to Deal Pro Capital Corp.'s press releases dated Nov. 1, 2023, Jan. 15, 2024, and Feb. 12, 2024, it has filed a filing statement for its previously announced qualifying transaction that is dated effective Feb. 14, 2024, with the TSX Venture Exchange and on the company's SEDAR+ profile. Additional information in respect of the qualifying transaction and the company can be found in the filing statement.

The qualifying transaction remains subject to the final approval of the exchange and satisfaction of closing conditions customary for transactions of this nature. Assuming all conditions are satisfied, closing of the qualifying transaction is expected to occur on or about March 31, 2024, or such other date as may be determined. The company, upon and subject to completion of the qualifying transaction (the resulting issuer), will continue under the name Urban Infrastructure Group Inc. and trade through the facilities of the exchange under the symbol UIG. Final acceptance of the qualifying transaction will occur upon the issuance of a final exchange bulletin which will disclose the proposed date on which the resulting issuer's common shares will resume trading. Until such time, in accordance with the policies of the exchange, the company's common shares are currently halted from trading and will remain so until such time as required by exchange policies.

Further details of the qualifying transaction will follow in future news releases and will disclose, among other things:

• The tier the resulting issuer's common shares will be listed for trading.
• The exact number of resulting issuer common shares issued to the shareholders of Urban Utilities Contractors Inc. and the subscribers of the concurrent financing (please refer to the company's press release of Feb. 12, 2024).
• The exact number of Class B shares to be issued by the company's subsidiary to the Urban shareholders (please refer to the company's press release of Feb. 12, 2024).

We seek Safe Harbor.