MONTRÉAL, April 23, 2021 (GLOBE NEWSWIRE) Michael Feola, indirectly through Feolan Capital Inc. (“
Feolan”), having its registered office at 2040 Dagenais blvd West, Laval, Québec, H7L 5W2, has acquired, on April 16, 2021, 1,480,000 units (the “
Units”) of MUST Capital Inc., 121 King Street West, Suite 2150, Toronto, Ontario, M5H 3T9 (NEX: MUST.H) (“
MUST”), at a price of $0.10 per Unit, for a total consideration of $148,000. Each Unit consisted of one common share and one warrant of MUST.
Immediately prior to the transaction, Mr. Feola controlled 4,000,500 common shares of MUST, representing approximately 19.94% of the total number of common shares of MUST issued and outstanding. After giving effect to the transaction, Mr. Feola controls 5,480,500 common shares of MUST, representing approximately 19.88% of the total number of common shares of MUST issued and outstanding.