Capitalight Announces Results of 2022 Annual General Meeting of Shareholders

Capitalight Announces Results of 2022 Annual General Meeting of

Shareholders

NEWS RELEASE – TORONTO, June 27, 2022

IC Capitalight Corp. (CSE: IC) (“Capitalight” or “the Company”), is pleased to announce the results of the

Annual General Meeting of Shareholders (the “Meeting”) held in Toronto, Ontario, Canada on June 27, 2022.

As of the May 20, 2022, the record date for the Meeting, there were 90,419,146 common shares of the

Company outstanding and entitled to vote at the Meeting. Of this amount, there were 18,056,034 common

shares (20.0%) represented in person or by proxy at the Meeting.

The final voting results of the Meeting are set out below:

(1) Election of Directors. Each of the nominees were elected as directors and will serve and hold office

until the next annual meeting of shareholders, unless they cease to hold office. The following table

sets forth the voting results with respect to the election of each director:

Nominee For Withheld

Brian Bosse 100.0% 0.0%

Marc Johnson 100.0% 0.0%

Bryan Loree 100.0% 0.0%

Douglas MacQuarrie 100.0% 0.0%

Veronika Hirsch 100.0% 0.0%

Elliot Beutel 100.0% 0.0%

(2) Appointment of Auditors. The Company’s shareholders approved that MNP LLP, Chartered

Professional Accountants be appointed auditors of the Company to hold office until the close of the

next annual meeting of shareholders of the Company and the directors are hereby authorized to fix

their remuneration. The following table sets forth the voting results with respect to this resolution:

For Withheld

100.0% 0.0%

ABOUT IC CAPITALIGHT CORP.

The Company operates as a merchant bank that pursues value-based investment opportunities in accordance

with its internal investment policies. The Company currently holds an investment portfolio consisting of

debentures, common shares, and the Blue Lake mineral exploration property in Quebec. The Company also

owns Capitalight Research Inc., which operates a subscription research business focused on providing gold,

silver, copper and nickel, lithium, and rare earth price forecasts as well as Canadian preferred share and

economic research.

To learn more about the Company please con tact us at [email protected] or visit our websites at

www.capitalight.co or www.capitalightresearch.com

This press release was approved by:

Brian Bosse

CEO and Director

P: 866.653.9223