Mr. Brian Bosse reports

CAPITALIGHT ANNOUNCES RESULTS OF 2023 ANNUAL GENERAL MEETING OF SHAREHOLDERS

IC Capitalight Corp. has released the results of the annual general meeting of shareholders held in Toronto, Ont., Canada, on June 30, 2023.

As of the May 18, 2023, the record date for the Meeting, there were 93,085,715 common shares of the Company outstanding and entitled to vote at the Meeting. Of this amount, there were 59,455,505 common shares (63.9%) represented in person or by proxy at the Meeting.

The final voting results of the Meeting are set out below:

Election of Directors

Each of the nominees were elected as directors and will serve and hold office until the next annual meeting of shareholders, unless they cease to hold office. The following table sets forth the voting results with respect to the election of each director:

Nominee             For     Withheld

Brian Bosse         100.0%  0.0%    
Marc Johnson        100.0%  0.0%    
Bryan Loree         100.0%  0.0%    
Douglas MacQuarrie  100.0%  0.0%    
Veronika Hirsch     100.0%  0.0%    
Elliot Beutel       100.0%  0.0%    

Appointment of Auditors. The Company's shareholders approved that MNP LLP, Chartered Professional Accountants be appointed auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company and the directors are hereby authorized to fix their remuneration. The following table sets forth the voting results with respect to this resolution:

For     Withheld

100.0%  0.0%    

ABOUT IC CAPITALIGHT CORP.

The Company operates as a merchant bank that pursues value-based investment opportunities in accordance with its internal investment policies. The Company currently has an investment portfolio that includes the Blue Lake mineral exploration property in Quebec. The Company also owns Capitalight Research Inc., which operates a subscription research business focused on providing gold, silver, copper and nickel, lithium, and critical metals price forecasts.