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Tailwind Capital Corporation Announces Termination of its Proposed Qualifying Transaction with Synergy Disc Replacement Inc.

Mergers & Acquisitions

Tailwind Capital Corporation Announces Termination of its

Proposed Qualifying Transaction with Synergy Disc Replacement Inc.

CALGARY, ALBERTA – December 9, 2019

Further to Tailwind Capital Corporation ’s (“Tailwind”, TSX VENTURE: TW.P) press

releases dated September 21, 2018 and March 28, 2019, Tailwind announces the termination of

its proposed Qualifying Transaction (“QT”) with Synergy Disc Replacement Inc. (“Synergy”).

Efforts aimed at securing the minimum financing required to commence US clinical trials were

unsuccessful which led to the parties mutually agreeing to terminate the proposed transaction.

Tailwind continues to pursue opportunities with a view to completing a qualifying transaction .

Tailwind expects that its common shares will resume trading on the facilities of the TSX Venture

Exchange in the near future.

About Tailwind

Tailwind is a capital pool company governed by the policies of the TSXV. The principal

business of Tailwind is the identification and evaluation of assets or businesses with a view to

completing a qualifying transaction.

Notice regarding forward-looking statements:

This release may include forward-looking statements regarding Tailwind which may include, but

is not limited to, statements with respect t o pursuing opportunities to complete a qualifying

transaction. Often, but not always, forward -looking statements can be identified by the use of

words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”,

“anticipates”, “believ es”, “proposes” or variations (including negative variations) of such

words and phrases, or state that certain actions, events or results “may”, “could”, “would”,

“might” or “will” be taken, occur or be achieved. No forward -looking statement can be

guaranteed. Except as required by applicable securities laws, forward -looking statements speak

only as of the date on which they are made and Tailwind and Synergy undertake no obligation to

publicly update or revise any forward-looking statement, whether as a result of new information,

future events, or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.

Contact:

Tailwind Capital Corporation

Kevin Baker

President and Chief Executive Officer

403-476-7010