96347 Canada Inc. Announces Acquisition of Class A Shares of Wilmington Capital Management Inc.

TORONTO, March 05, 2019 (GLOBE NEWSWIRE) -- 96347 Canada Inc. ("96347") announced that on March 5, 2019, it acquired beneficial ownership of 1,500,000 Class A Shares (the "Purchased Shares") of Wilmington Capital Management Inc. (“WCMI”) (TSX:WCM), representing approximately 16.35% of the issued and outstanding Class A Shares of WCMI (“Class A Shares”) pursuant to a private agreement, at a price per share of $5.00. Following the acquisition, 96347 has beneficial ownership of 1,776,257 Class A Shares, representing approximately 19.37% of the issued and outstanding Class A Shares.  Tim Casgrain has control and direction over the Class A Shares beneficially owned by 96347.

The Purchased Shares were acquired for investment purposes. Depending on various factors, 96347 may acquire additional Class A Shares or dispose of Class A Shares from time to time. For further information or to receive a copy of the early warning report filed in connection with this news release, please contact Tim Casgrain at 416-917-6995.