Christopher Killi, Patrick Craddock, Rosebridge Capital Corp. Inc. and other remaining limited partners of Maple Leaf Marinas Holdings Limited Partnership (MLM LP) acquired an additional 17.32% stake in Maple Leaf Marinas Holdings Limited Partnership (MLM LP) from Wilmington Capital Management Inc. (TSX:WCM.A) for CAD 22 million on February 22, 2024. Under the unit purchase agreement, Wilmington Capital disposed of 8,074,990 Class ?A? units of MLM LP, representing Wilmington Capital?s entire equity interest in MLM LP, to the remaining limited partners of MLM LP on a pro rata basis to their respective ownership interests for aggregate cash consideration of CAD 21,999,987.27. Concurrently, MLM LP?s general partner, Maple Leaf Marinas Holdings GP Inc. (MLM GP) repurchased for cancellation all of the common shares of MLM GP held by Wilmington Capital, representing approximately 18.7% of the shares of MLM GP on February 22, 2024. Wilmington Capital received aggregate cash consideration of CAD 32,500 under the terms of the share repurchase transaction. The unit purchase and share purchase transactions will result in Wilmington Capital exiting its entire interest in MLM LP and MLM GP. Subject to applicable laws and after giving consideration to its ongoing liquidity needs, Wilmington Capital anticipates that it will effect a distribution to its shareholders out of proceeds received in connection with any such sale.

Christopher Killi, Patrick Craddock, Rosebridge Capital Corp. Inc. and other remaining limited partners of Maple Leaf Marinas Holdings Limited Partnership (MLM LP) completed the acquisition of an additional 17.32% stake in Maple Leaf Marinas Holdings Limited Partnership (MLM LP) from Wilmington Capital Management Inc. (TSX:WCM.A) on February 22, 2024.