<SEC-DOCUMENT>0000950103-24-017788.txt : 20241216
<SEC-HEADER>0000950103-24-017788.hdr.sgml : 20241216
<ACCEPTANCE-DATETIME>20241216075025
ACCESSION NUMBER:		0000950103-24-017788
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20241216
FILED AS OF DATE:		20241216
DATE AS OF CHANGE:		20241216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VersaBank
		CENTRAL INDEX KEY:			0001690639
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40805
		FILM NUMBER:		241550154

	BUSINESS ADDRESS:	
		STREET 1:		140 FULLARTON STREET
		STREET 2:		SUITE 2002
		CITY:			LONDON
		STATE:			A6
		ZIP:			N6A 5P2
		BUSINESS PHONE:		519-645-1919

	MAIL ADDRESS:	
		STREET 1:		140 FULLARTON STREET
		STREET 2:		SUITE 2002
		CITY:			LONDON
		STATE:			A6
		ZIP:			N6A 5P2
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp222145_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549 </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K </B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURSUANT TO RULE 13a-16 OR 15d-16</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934 </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of December, 2024</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number: 001-40805 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>VersaBank&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact name of registrant as specified in its
charter) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>140 Fullarton Street, Suite 2002 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;<B>London, Ontario N6A 5P2 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Canada </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address of principal executive offices) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 40%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 12pt; text-align: center"><FONT STYLE="font-size: 10pt">Form 20-F <FONT STYLE="font-family: Wingdings">&uml;</FONT></FONT></TD>
    <TD STYLE="width: 50%; font-size: 12pt; text-align: center"><FONT STYLE="font-size: 10pt">Form 40-F <FONT STYLE="font-family: Wingdings">x</FONT></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">On December 16, 2024, VersaBank issued a press
release regarding the launch of its offering of common shares. A copy of the press release is attached hereto as Exhibit 99.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The information in this Form 6-K (including the
exhibit) shall not be deemed &ldquo;filed&rdquo; for purposes of Section 18 of the Securities Exchange Act of 1934 (the &ldquo;Exchange
Act&rdquo;) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933 or the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt"><B>VERSABANK</B></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt">Date: December 16, 2024</FONT></TD>
    <TD STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 0.75pt solid">/s/ Brent T. Hodge</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 45%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 12pt; width: 4%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 12pt; width: 47%"><FONT STYLE="font-size: 10pt">Brent T. Hodge</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt">SVP, General Counsel &amp; Corporate Secretary</FONT></TD></TR>
  </TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Exhibit</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>No.</B></P></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 90%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>Description</B></P></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt"><A HREF="dp222145_ex9901.htm">99.1</A></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt"><A HREF="dp222145_ex9901.htm">Press Release dated December 16, 2024, titled &ldquo;VersaBank Launches Offering of Common Shares&rdquo;</A></FONT></TD></TR>
  </TABLE>

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<TYPE>EX-99.1
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<FILENAME>dp222145_ex9901.htm
<DESCRIPTION>EXHIBIT 99.1
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><IMG SRC="image_001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>For Immediate Release: December 16,
2024&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Attention: Business Editors</B></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>VERSABANK LAUNCHES
OFFERING OF COMMON SHARES</B></FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><I>The Base Shelf Prospectus and the Preliminary
Supplement are accessible on SEDAR+ and on EDGAR</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>LONDON, ON/CNW &ndash; </B>VersaBank (Nasdaq:VBNK;
TSX:VBNK) (the &ldquo;Bank&rdquo;) today announced that it has filed a preliminary prospectus supplement (the &ldquo;Preliminary Supplement&rdquo;)
to its short form base shelf prospectus dated November 22, 2024 (the &ldquo;Base Shelf Prospectus&rdquo;). The Preliminary Supplement
was filed in connection with a public offering of the Bank&rsquo;s common shares (the &ldquo;Offering&rdquo;). The Preliminary Supplement
has been filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec. The Preliminary
Supplement has also been filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) as part of a registration statement
on Form F-10 (the &ldquo;Registration Statement&rdquo;) under the U.S./Canada Multijurisdictional Disclosure System.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Raymond James &amp; Associates, Inc. is acting
as the sole bookrunning manager, and Keefe, Bruyette &amp; Woods, Inc., A Stifel Company, and Roth Canada, Inc. are acting as co-managers
for the Offering (collectively, the &ldquo;Underwriters&rdquo;).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Bank will also grant the Underwriters an over-allotment
option to purchase up to an additional 15% of the common shares to be sold pursuant to the Offering (the &ldquo;Over-Allotment Option&rdquo;).
The Over-Allotment Option will be exercisable for a period of 30 days from the date of the final prospectus supplement relating to the
Offering.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Bank expects that the net proceeds from the
Offering will be used for general banking purposes and will qualify as Common Equity Tier 1 capital for the Bank.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The closing of the Offering will be subject to
a number of customary closing conditions, including the listing of the common shares on the Nasdaq and TSX, and any required approvals
of each exchange.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">No securities regulatory authority has either approved
or disapproved the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer
to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction. The
Preliminary Supplement, the Base Shelf Prospectus and the Registration Statement contain important detailed information about the Offering.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Access to the Base Shelf Prospectus and the
Preliminary Supplement, and any amendments to the documents, will be provided in accordance with securities legislation relating to
procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment. The Base Shelf
Prospectus and the Preliminary Supplement are accessible on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. An electronic or
paper copy of the Base Shelf Prospectus, the Registration Statement, the Preliminary Supplement, and any amendment to the documents
may be obtained without charge, from Raymond James &amp; Associates, Inc., Attention: Equity Syndicate &ndash; 880 Carillon Parkway,
St. Petersburg, Florida. Telephone: (800) 248-8863 or e-mail: prospectus@raymondjames.com by providing the contact with an email
address or address, as applicable. Prospective investors should read the Base Shelf Prospectus, the Registration Statement and the
Preliminary Supplement (and any final prospectus supplement, when filed) before making an investment decision.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>About VersaBank</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">VersaBank is a North American bank (federally chartered
in Canada and the United States) with a difference. VersaBank has a branchless, digital, business-to-business model based on its proprietary
state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk
mitigated manner. Because VersaBank obtains substantially all of its deposits and undertakes the majority of its lending electronically
through financial intermediary partners, it benefits from significant operating leverage that drives efficiency and return on common equity.
In March 2022, VersaBank launched its unique Receivable Purchase Program (&ldquo;RPP&rdquo;) funding solution for point-of-sale finance
companies, which has been highly successful in Canada for nearly 15 years, to the underserved multi-trillion-dollar U.S. market. VersaBank
also owns Washington, DC-based DRT Cyber Inc., a North America leader in the provision of cyber security services to address the rapidly
growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Forward-looking Statements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">This press release contains forward-looking information
and forward-looking statements within the meaning of applicable securities laws (&ldquo;forward-looking statements&rdquo;) including statements
regarding the proposed Offering, the terms of the Offering and the proposed use of proceeds. Words such as &ldquo;expects&rdquo;, &ldquo;is
expected&rdquo;, &ldquo;anticipates&rdquo;, &ldquo;plans&rdquo;, &ldquo;budget&rdquo;, &ldquo;scheduled&rdquo;, &ldquo;forecasts&rdquo;,
&ldquo;estimates&rdquo;, &ldquo;believes&rdquo;, &ldquo;aims&rdquo;, &ldquo;endeavours&rdquo;, &ldquo;projects&rdquo;, &ldquo;continue&rdquo;,
&ldquo;predicts&rdquo;, &ldquo;potential&rdquo;, &ldquo;intends&rdquo;, or the negative of these terms or variations of such words and
phrases, or statements that certain actions, events or results &ldquo;may&rdquo;, &ldquo;could&rdquo;, &ldquo;would&rdquo;, &ldquo;might&rdquo;,
&ldquo;will&rdquo; or &ldquo;should&rdquo; are intended to identify forward-looking statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">These forward-looking statements by their
nature require the Bank to make assumptions and are subject to inherent risks and uncertainties that may be general or specific,
including without limitation with respect to: the strength of the Canadian and U.S. economies in general and the strength of the
local economies within Canada and the U.S. in which the Bank conducts operations; the effects of changes in monetary and fiscal
policy, including changes in interest rate policies of the Bank of Canada and the U.S. Federal Reserve; global commodity prices; the
effects of competition in the markets in which the Bank operates; inflation; capital market fluctuations; the timely development and
introduction of new products in receptive markets; the impact of changes in the laws and regulations pertaining to financial
services; changes in tax laws; technological changes; unexpected judicial or regulatory proceedings; unexpected changes in consumer
spending and savings habits; the impact of wars or conflicts on global supply chains and markets; the impact of outbreaks of disease
or illness that affect local, national or international economies; the possible effects on our business of terrorist activities;
natural disasters and disruptions to public infrastructure, such as transportation, communications, power or water supply; and the
Bank&rsquo;s anticipation of and success in managing the risks implicated by the foregoing. The foregoing list of important factors
is not exhaustive. Although the Bank believes that the assumptions underlying these forward-looking statements are reasonable, they
may prove to be incorrect, and readers cannot be assured that the Offering discussed above will be completed on the terms described
above. Completion of the proposed Offering is subject to numerous factors, many of which are beyond the Bank&rsquo;s control,
including but not limited to, the failure of customary closing conditions and other important factors disclosed previously and from
time to time in the Bank&rsquo;s filings with the SEC and the securities commissions or similar securities regulatory authorities in
each of the provinces or territories of Canada. The forward-looking statements contained in this news release represent the
Bank&rsquo;s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and
subsequent events may cause these expectations to change. The Bank undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by
law.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>FOR FURTHER INFORMATION, PLEASE CONTACT:&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">LodeRock Advisors</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Lawrence Chamberlain</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">(416) 519-4196</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">lawrence.chamberlain@loderockadvisors.com</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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