Value Capital Trust and AIP Yield Fund LP Enter into Letter of Intent to Complete Qualifying Transaction
Value ), a Capital Pool Company as defined under the Policies of the TSX Venture Exchange (the
TSXV ), and AIP Yield Fund LP (
AIPYF ) are pleased to announce that they have entered into a letter of intent dated December 18, 2020 (the
LOI ), which outlines the terms and conditions pursuant to which Value and AIPYF will complete a transaction that will result in a reverse take-over of Value by AIPYF (the
Proposed Transaction ). The Proposed Transaction will be an arm s length transaction, and, if completed, will constitute Value s Qualifying Transaction (as such term is defined in TSXV Policy 2.4).