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TORONTO, March 25, 2026 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (the “Company”) (TSX:STCK & TSX:STCK.WT.A) is pleased to announce that, as a result of strong investor demand, the Company has upsized its previously announced concurrent “best efforts” private placement from up to $15,000,000 to up to $30,000,000 (the “Offering”). In connection with the Offering, the Company has entered into an amended agreement with Canaccord Genuity Corp., to act as lead agent (the “Lead Agent”) and sole bookrunner for and on behalf of a syndicate of agents in connection with a “best efforts” private placement of up to 1,133,334 units of the Company (the “Units”) at a price of $18.75 per Unit (the “Offering Price”) for gross proceeds of up to approximately $21,250,000 (the “Concurrent Private Placement”); and (ii) 466,666 Units at the Offering Price for gross proceeds of up to $8,750,000 (the “LIFE Offering”).
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The Company has granted to the Agents (as defined below) an option to offer for sale up to an additional 20% of the Units offered under the Concurrent Private Placement at the Offering Price (the “Agents’ Option”). If the Agents’ Option is exercised in full, an additional 226,666 Units would be offered under the Concurrent Private Placement for additional gross proceeds of up to $4,250,000 and the aggregate gross proceeds of the Offering would be up to $34,250,000.
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Members of Company management intend to subscribe for at least $1,000,000 of Units under the Concurrent Private Placement.
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Each Unit will be comprised of one common share (a “Common Share” and the Common Shares comprising the Units being the “Unit Shares”) and one-quarter of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant under both offerings shall be exercisable by the holder thereof to acquire one Common Share (a “Warrant Share”) for a period of 24 months following the initial Closing Date (as hereinafter defined) of the LIFE Offering at an exercise price of $23.00 per Warrant Share, subject to adjustment in certain events. Notwithstanding the LIFE Offering and the Concurrent Private Placement close on separate Closing Dates, all of the Warrants shall expire on the date that is 24 months from the initial Closing Date.
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The Offering is being conducted on a “best efforts” agency basis by Canaccord Genuity Corp., as lead agent and sole bookrunner, together with a syndicate of agents including Raymond James Ltd., TD Securities Inc. and RBC Capital Markets, as co-lead managers, and Wellington-Altus Private Wealth Inc., CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc. and Ventum Capital Markets (collectively, the “Agents”).
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The Company has applied to the Toronto Stock Exchange (the “TSX”) for the listing of the Unit Shares, Warrants and Warrant Shares under the Offering. The Company intends to list the Warrants under the LIFE Offering and a portion of the Warrants under the Concurrent Private Placement provided such Warrants are not subject to resale restrictions pursuant to applicable Canadian securities laws provided the Company is able to satisfy the distribution requirements for the Warrants under the policies and rules of the TSX. There is no guarantee that the distribution requirements to list the Warrants will be met.
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The LIFE Offering is being made to purchasers resident in all provinces of Canada, except Québec, pursuant to the listed issuer financing exemption from the prospectus requirement available under Part 5A of National Instrument 45-106 – Prospectus Exemptions and Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption of the Canadian Securities Administrators (collectively, the “LIFE Exemption”). Subject to compliance with the terms of the LIFE Exemption, the Unit Shares and Warrants offered under the LIFE Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws. In addition, the Agents may offer the Units for sale on a private placement basis pursuant to available exemptions from the registration or prospectus requirements to investors resident in the United States and certain other jurisdictions outside of Canada and the United States, in each case, as agreed to by the Company and the Lead Agent; provided it is understood that the Company will not be required to register or make any filings (other than reports on sales of securities in the United States and Canada) in such jurisdictions.

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