Mr. Eric Boehnke reports

TRENCHANT ANNOUNCES GRANT OF STOCK OPTIONS

Trenchant Capital Corp. has granted an aggregate of 4.75 million incentive stock options to purchase up to 4.75 million common shares of the company to its directors under its omnibus equity incentive plan. The options are exercisable for a period of two years from the date of grant, expiring on Oct. 31, 2025, at a price of five cents per share, and will vest immediately.

All options and the shares underlying such options are subject to a hold period of four months and one day from the date of issuance.