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Victory Capital Appoints Mike Marrandino to its Board of Directors

Management Changes

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Victory Capital Appoints Mike Marrandino to its Board of Directors

Toronto, ON, January 11, 2019 — Victory Capital Corp. (the “Company” or “Victory”) (TSXV: VIC.P), a capital

pool company that is engaged in the identification and evaluation of assets or business es with a view to

completing a qualifying t ransaction, announced today the appointment of Mike Marrandino to the

Company’s Board of Directors.

Mr. Marrandino is an experienced C-suite business consultant that brings over 30 years of experience in the

management consulting industry . Mr. Marrandino ’s expertise includes business planning, corporate

development, mergers & acquisitions and start-ups. He currently se rves as President, CEO and Director of

MLI Marble Lending Inc., a private f intech consumer lending company . In addition, M r. Marrandino is an

Independent Director of Global Daily Fantasy Sports Inc., a publicly -traded company on the TSX Venture

Exchange, and President and Director of Intrinsic4D, a NEX listed company.

“I look forward to working alongside the Company’s talented directors and leveraging my experience in the

management consulting field to provide key insights into building the future of the Company”, said Mr.

Marrandino.

The appointment of Mr. Marrandino remains subject to review and approval by the TSX Venture Exchange.

About Victory Capital Corp.

Victory was incorporated on November 6, 2009 pursuant to the Business Corporation Act (Ontario) and is

classified as a Capital Pool Corporation as defined in Policy 2.4 of the TSX Venture Exchange Inc. Corporate

Finance Manual. For more information, contact Chris Frostad, Chief Executive Officer, Victory Capital Corp.

at [email protected]

Forward-Looking Statements

This news release contains certain statements that may constitute forward -looking information under

applicable securities laws. All statements, other than those of historical fact, which address activities, events,

outcomes, results, developments, performance or achievements that Victory anticipates or expects may or

will occur in the future (in whole or in part) should be considered forward -looking information. Such

information may involve, but is not limited to, comments with respect to strategies, expectations, planned

operations and f uture actions of the Company. Often, but not always, forward -looking information can be

identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",

"forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words

and phrases, or statements formed in the future tense or indicating that certain actions, events or results

"may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved,

or come to pass. Forward -looking information is based on currently available competitive, financial and

economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known

and unknown risks, unc ertainties, assumptions and other factors that may cause the actual results,

performance or achievements of Victory to be materially different from any future results, performance or

achievements expressed or implied by the forward -looking information. Suc h factors may be based on

information currently available to Victory, including information obtained from third-party industry analysts

and other third -party sources, and are based on management's current expectations or beliefs regarding

future growth, re sults of operations, future capital (including the amount, nature and sources of funding

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thereof) and expenditures. Any and all forward -looking information contained in this press release is

expressly qualified by this cautionary statement.

Investors are cautioned that, except as disclosed in the Filing Statement any information released or received

with respect to the reverse take-over may not be accurate or complete and should not be relied upon. Trading

in the securities of the Corporation should be considered highly speculative.

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.

The securities of the Corporation have not been and will not be registered under the United States Securities

Act of 1933, as amended and may not be offered or sold in the United States absent registration or an

applicable exemption from the registration requirement. This press release shall not constitute an offer to sell

or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which

such offer, solicitation or sale would be unlawful.

Contact

Chris Frostad

Chief Executive Officer

Victory Capital Corp

[email protected]