Mr. Brian Lupien reports

TILL CAPITAL ANNOUNCES RESULT OF SHAREHOLDER VOTE AND RETURN OF CAPITAL DISTRIBUTION

Till Capital Corp. has released the results of the shareholder vote at the special meeting held on March 26, 2024.

A total of 1,480,907 shares were voted representing 46.4 per cent of the issued and outstanding shares of Till Capital. A total of 99.9 per cent voted in favour of the resolution authorizing and approving:

• An alteration to the notice of articles of Till Capital to change all of the unissued and fully paid issued restricted voting shares with par value of 0.1 U.S. cent to shares without par value pursuant to Section 54(1)(k) of the Business Corporations Act (British Columbia) (the BCBCA);
• An increase in the capital in respect of the restricted voting shares without par value in the aggregate amount of $20-million (U.S.) pursuant to Section 72(2) of the BCBCA;
• The reduction of the capital in respect of the restricted voting shares by an aggregate amount equal to $4,787,193 (U.S.) pursuant to Section 74(1) of the BCBCA, to enable a return of capital in the amount of $1.50 (U.S.) per share.

Immediately following the special meeting, the Till Capital board of directors authorized a $1.50 (U.S.) per share return of capital distribution on its restricted voting shares without par value, payable to shareholders of record as of April 3, 2024.

About Till Capital Corp.

Till Capital, through its wholly owned United States subsidiary, owns 466,555 common shares of Osisko Development Corp. (TSX-V: ODV). Till Capital 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. Till Capital is also the majority shareholder of Silver Predator Corp. (TSX-V: SPD) and owns various mineral royalties.

We seek Safe Harbor.