Mr. Michael Shuh reports

CANACCORD GENUITY G VENTURES CORP. SEEKS EXTENSION OF PERMITTED TIMELINE FOR COMPLETION OF ITS QUALIFYING TRANSACTION WITH MOUNT LOGAN

Due to delays in obtaining necessary regulatory approvals, Canaccord Genuity G Ventures Corp. intends to, subject to receipt of required approvals, mail an information circular to its shareholders on or about Sept. 28, 2023, in connection with a special meeting of shareholders to take place on Oct. 19, 2023, in order to seek an extension of Canaccord Genuity G's permitted timeline from Oct. 23, 2023, to July 23, 2024. In connection with the extension, Canaccord Genuity G intends to offer holders of Canaccord Genuity G's Class A restricted voting units a right to redeem their units in the event of, and upon, the extension becoming effective.

Canaccord Genuity G and Mount Logan Capital Inc. (the parties) also announced today that they have entered into a 30-day exclusivity agreement pursuant to which they will negotiate a new agreement in connection with the termination of the arrangement agreement entered into between the parties on Aug. 13, 2023.

About Canaccord Genuity G Ventures Corp.

Canaccord Genuity G Ventures is a growth-focused special purpose acquisition corporation incorporated under the laws of the Province of Ontario for the purpose of effecting a qualifying transaction within a specified period of time.

About Mount Logan Capital Inc.

Mount Logan operates as an emerging asset management and insurance solutions company, through its wholly owned subsidiaries, Mount Logan Management LLC and Ability Insurance Company.

We seek Safe Harbor.