Mr. Steve Hawkins reports

LONGPOINT ADDS TO CANADA'S FIRST TRIPLE LEVERED INDEX ETF LINEUP

LongPoint Asset Management Inc. is continuing its launch of the Mega-branded triple-levered exchange-traded funds on the Toronto Stock Exchange (TSX). These five new Mega ETFs add to LongPoint's growing family of ETFs, which included Canada's first six Mega ETFs listed last week. This subsequent launch includes three triple-levered long index ETFs and two triple-levered inverse index ETFs.

The Mega ETFs are the first Canadian-domiciled products of their kind available to investors in Canadian dollars and listed on a domestic stock exchange. These new listings include first-to-market triple-leveraged exposures to banks and gold miners, two of the largest and most well-known Canadian sectors.

LongPoint believes that the launch of its Mega ETFs will enable Canadian investors to benefit from the growth of the local ETF market and ecosystem -- rather than continuing to contribute to the United States market due to a lack of domestic alternatives. Canada was home to the world's first ETF over 35 years ago, and now is the time for Canadian-owned and Canadian-operated issuers to reclaim leadership by expanding access and options for active Canadian investors.

"We're thrilled to continue making ETF history in Canada by now bringing Canadian-listed triple-leveraged index ETFs with Canadian sector exposures to market -- something active Canadian investors have never had access to before," said Steve Hawkins, chief executive officer of LongPoint. "Nearly 11 months in the works, we are so proud to be at the forefront of pushing boundaries and bringing innovative and novel products to the Canadian ETF market -- built by Canadians for Canadians.

"In today's volatile markets, sporting investors recognize the amplified opportunity from three-times exposures compared to two-times exposures or traditional unlevered long positions, which, until now, has driven them south of the border. The Mega ETFs provide exposure to several well-known U.S. market indices and Canadian sectors, all traded domestically on a Canadian exchange in Canadian dollars. These ETFs are designed to help active investors respond quickly to market signals, momentum shifts and geopolitical developments without relying on U.S.-listed alternatives."

The Mega ETFs seek daily investment results that endeavour to correspond, before fees and expenses, to either three times or three times the inverse of the daily performance of an underlying index. The Mega ETFs do not hedge their exposure to the U.S. dollar. The Mega ETFs will only trade in Canadian dollars.

The Mega ETFs listed on May 23 are named in an attached table.

The Mega ETFs named in an attached table have closed their respective offerings of initial shares and will begin trading on the TSX when the market opens this morning.

"Our team at LongPoint brings over 70 years of combined ETF experience, including nearly 50 years specifically focused on managing leveraged and inverse products," Mr. Hawkins added. "We've designed the Mega ETFs as powerful tools for knowledgeable, sophisticated Canadian investors who employ high-conviction, short-term trading strategies."

LongPoint is Canada's newest provider of leveraged and inverse leveraged ETFs, having listed crude oil and natural gas up to two times leverage and inverse leveraged ETFs in December, 2024, and the initial six listed Mega ETFs last week. LongPoint also offers its unique Partnership ETF platform, which simplifies the launch, operation and growth of ETFs for its partner asset managers. LongPoint is a Canadian-owned and Canadian-operated company.

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