An anonymous director reports

CANADIAN LARGE CAP LEADERS SPLIT CORP. COMPLETES OVERNIGHT OFFERING OF PREFERRED SHARES AND CLASS A SHARES

Canadian Large Cap Leaders Split Corp. has completed the overnight offering of 1,314,383 preferred shares and 1,140,800 Class A shares of the company. The offering raised total gross proceeds of $31,606,181.

The preferred shares and Class A shares issued in the offering will begin trading on the Toronto Stock Exchange under the existing symbols of NPS.PR.A and NPS, respectively.

The preferred shares were offered at a price of $10.55 per preferred share and the Class A shares were offered at a price of $15.55 per Class A share. The offering was made through a syndicate of agents led by National Bank Financial Inc.

The net proceeds of the offering will be used to invest, on an approximately equally weighted basis, in a portfolio comprising primarily equity securities of Canadian dividend growth companies, selected by the portfolio manager, that at the time of investment and immediately following each periodic reconstitution and rebalancing: (i) are listed on a Canadian exchange; (ii) pay a dividend; (iii) generally have a market capitalization of at least $10-billion; (iv) have options in respect of its equity securities that, in the opinion of the portfolio manager, are sufficiently liquid to permit the portfolio manager to write options in respect of such securities; and (v) have a history of dividend growth or, in the portfolio manager's view have high potential for future dividend growth.

About Ninepoint Partners LP

Ninepoint Partners is the manager, portfolio manager and promoter of the company, and provides all administrative services required by the company. Based in Toronto, Ninepoint Partners is one of Canada's leading alternative investment management firms overseeing approximately $8.2-billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning equities, fixed income, alternative income, real assets, F/X (foreign exchange) and digital assets.

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