Mr. Brian Lupien reports

TILL CAPITAL RECEIVES FINAL NONCONTINGENT PAYMENT FROM ACCELERANT FOR THE SALE OF OMEGA INSURANCE HOLDINGS, INC.

Till Capital Corp. has received the final non-contingent payment from Accelerant Holdings U.K. Ltd. for the sale of Omega Insurance Holdings Inc. and its two wholly owned subsidiaries: Omega General Insurance Company, a licensed insurance company based in Toronto, Ont., and Focus Group Inc., a consulting and project management business.

As reported on Oct. 13, 2023, Accelerant would pay Till Capital approximately $13-million in exchange for all of the issued and outstanding shares of Omega. Till Capital received $12,403,428 as of Oct. 12, 2023, and an additional $551,946 was received on Dec. 15, 2023, for a total of $12,955,374.

An additional payment of up to $529,000 may be made by Accelerant to Till Capital dependent upon the final outcome of an insurance claim being negotiated by Omega.

The sale of Omega completes Till Capital's exit from the insurance business. The proceeds from the sale will be used for general corporate purposes. Till Capital will continue to manage its portfolio of investments.

About Till Capital Corp.

Till Capital, through its wholly owned U.S. subsidiary, owns 466,555 common shares of Osisko Development Corp. Till is also a partial owner of IG Tintic LLC, a private company which owns a 1-per-cent net smelter return royalty on the East Tintic mining district near Eureka, Utah, and of IG Far East LLC, a private company with the controlling interest in a joint venture that owns the Durmin gold property in the Russian Far East. Till Capital is also the majority shareholder of Silver Predator Corp. and owns various mineral royalties.

We seek Safe Harbor.