Ventum Financial

Ventum Capital Markets acted as Exclusive Financial Advisor to Lantower Residential Real Estate Development Trust (No. 1) in connection with the US$84.3 million sale of its interests in two residential development projects in Florida to H&R REIT. Ventum Capital Markets also provided a Fairness Opinion to the Special Committee of the Board of Trustees in connection with the transaction. The Situation: Lantower Residential Real Estate Development Trust (No. 1) (the "REDT") holds an approximately 70.9% interest in two Class A multifamily development projects in Largo, Florida (Tampa) and Kissimmee, Florida (Orlando). The projects are expected to contain 601 suites and approximately 606,000 net rentable square feet. H&R REIT holds the remaining ~29.1% interest through the joint venture. H&R's pending change of control, announced August 11, 2026 alongside its transaction with GO Residential REIT, triggered the change-of-control mechanics in the REDT's Management Agreement. The Solution: Ventum’s highly experienced M&A advisory team, supported by the firm’s significant real estate sector expertise, brought deep transaction experience, independent judgment and rigorous financial analysis to this engagement. Working closely with the Special Committee, Ventum provided strategic and financial advice throughout the process, including support through arm’s-length negotiations in connection with the related-party transaction. The transaction helped provide REDT Unitholders with certainty of value and full liquidity ahead of project stabilization, while navigating the complexities inherent in a related-party process.This mandate reflects Ventum’s broader capabilities in complex M&A, Special Committee advisory assignments and real estate transactions, where senior-level judgment, thoughtful analysis and disciplined execution are critical to achieving strong outcomes for stakeholders. Congratulations to the entire deal team on this successful transaction announcement. A special congratulations to Ventum’s Asad Said, Jonathan Sargent and Kevin Estriga, and sincere thanks to all of the advisors, management and stakeholders whose collaboration and hard work helped bring the transaction to announcement. #CapitalMarkets #FinancialAdvisor #InvestmentBanking #RealEstateDevelopment

Ventum Capital Markets Acts as Financial Advisor to Atico Mining @AticoAty in Connection with US$95 Million Project Financing Facility and US$16.4 Million Convertible Debenture Private Placement for a Total of US$111.4 Million. The Situation: Atico Mining is a growth-oriented mineral company focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Solution: Ventum acted as financial advisor to Atico Mining in connection with US$111.4M (C$157.9M) project financing package from Trafigura PTE. Ltd. With deep industry relationships and decades of capital markets experience, Ventum has consistently structured cost-effective, tailored financing solutions that drive transformative outcomes for mining companies from exploration through production. Trafigura will make available US$95,000,000 in one or more drawdowns that will be used to finance the construction and development of the Company’s La Plata project (“Project Finance Facility”). Drawdowns under the Project Finance Facility will be available for approximately 2.5 years following the earlier of (i) commencement of construction, and (ii) March 31, 2027, and will ultimately mature 7 years thereafter. The amount advanced to the Company will bear interest at a rate equal to Adjusted Term SOFR plus 7.5% per annum. In addition, Trafigura will enter into a US$16,400,000 convertible debenture subscription agreement, which the principal amount is convertible into the Company’s common shares at a conversion price of US$0.22 per common share. The conversion price represents a premium of 40% to the 20-day VWAP of the closing price of the common shares on September 28, 2026. The convertible debenture will mature on the date that is 5 years and one day from issuance. Interest on the convertible debenture is calculated and payable quarterly and accrues at a rate of 7.0% per annum if interest payments are made in cash, or 10.0% per annum if interest payments are made in common shares. The Company may, at its option, repay the convertible debenture, in whole or in part, subject to an early redemption fee on the amount prepaid equal to 3% in the first year after execution of the debenture, 2% in the second year and 1% in each year thereafter. The Company has the ability to force conversion of up to 25% of the principal amount of the convertible debenture on four separate occasions if the 20-day VWAP of the common shares exceeds a specified threshold, which commences at 130% of the applicable VWAP and increases 140%, 150% and 160% of the applicable VWAP thereafter. This deal was originated by Ventum’s Mining Investment Banking Team, led by Joseph Gallucci, Managing Director, Head of Mining Investment. #CapitalMarkets #Mining #MiningFinance #ProjectFinance #InvestmentBanking #Copper #Gold

Ventum Capital Markets Acts as Lead Agent to @Forge_Resources on C$2M Unit Offering to a Strategic Buyer. The Situation: Forge Resources is an exciting junior exploration company with two notable projects; La Estrella (Coal Project) and Alotta (Copper/Gold Exploration Project) based in Santander, Colombia and Yukon, Canada, respectively. In August 2026, Forge Resources completed its 2026 Alotta drilling program, with six holes totaling 2,792 meters across the Severance, Payoff and Commission zones. The program intersected the visible gold at the Payoff Zone and extensive porphyry-style veining, alteration and sulphide mineralization through the full length of a 651-meter deep hole at the Commission Zone, confirming a potentially fertile porphyry center. Assay results from the 2026 program remain pending. The Solution: Ventum acted as lead agent and sole bookrunner to Forge Resources in connection with C$2,000,000 private placement unit offering on a “best effort” basis. Ventum has built a strong reputation as a trusted partner for junior mining companies. Through targeted positioning and focused outreach, Ventum secured a single strategic buyer for the full offering, delivering a faster, more efficient close. The Offering consisted of 8,000,000 units at a price of C$0.25 per unit. Each unit consisted of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company for a period of 24 months from issuance at an exercise price of C$0.40 per share. This deal was originated by Ventum’s Mining Investment Banking Team, led by Joseph Gallucci, MBA, ICD.D, Managing Director, Head of Mining Investment Banking. #VentumCapitalMarkets #InvestmentBanking #Mining #PrivatePlacement #MiningFinance #CapitalMarkets

Ventum Capital Markets Leads Upsized $15 Million Bought Deal Financing for Atlas Salt Inc. to Advance Development at Its Great Atlantic Salt Project in Newfoundland. @AtlasSalt is advancing the Great Atlantic Salt Project in Newfoundland, Canada – a large, low-cost, near-infrastructure salt deposit targeting the North American market. Underpinned by a vast, continuous orebody, existing power, road and port access, and simple crush-and-screen processing, the Project offers investors a rare combination of scale, simplicity and reduced development risk in a proven tier 1 Canadian jurisdiction. Leveraging its deep mining sector expertise and strong institutional relationships, Ventum acted as lead underwriter for a $15 million brokered offering, including partial exercise of the underwriters’ option, on behalf of an underwriting syndicate. The Offering, which was upsized from an initial $10 million to $15 million due to strong institutional demand, underscores Ventum’s ability to structure and execute tailored financings. The LIFE Offering raised $15,153,600 through the issuance of 12,628,000 common shares on a bought deal basis at $1.20 per common share. The net proceeds from the Offering will be used for early works and site preparation activities, detailed engineering and mine development planning, advancement of permitting and environmental workstreams, procurement planning and equipment studies, and advancement of project financing initiatives in connection with the Great Atlantic Salt Project, as well as for general corporate and working capital purposes. This deal was originated by Ventum’s Mining Investment Banking Team, led by Joseph Gallucci, Managing Director, Head of Mining Investment Banking. #VentumCapitalMarkets #InvestmentBanking #Mining #AtlasSalt

Ventum Capital Markets Acts as Lead Agent to Forge Resources in Connection with a Total of C$6M comprising of a LIFE Offering and Private Placement of Flow-Through Units. Forge Resources is an exciting junior exploration company with two notable projects; La Estrella (Coal Project) and Alotta (Copper/Gold Exploration Project) based in Santander, Colombia and Yukon, Canada, respectively. In December 2025, the Company reported strong year-end drill results at its Alotta Project, including an intersection of 3.4 g/t gold over 44.75 metres in the Payoff Zone (core high-grade zone) and a new discovery of 1.04 g/t gold over 55.52 metres in an 800-metre step-out at the Alimony Zone (system expansion zone). Ventum acted as lead agent and sole bookrunner to Forge Resources in connection with C$3,343,500 LIFE offering of common share units and the C$2,656,500 offering of flow-through units. The aggregate amount raised was C$6,000,000. Ventum has built a strong reputation as a trusted partner for junior mining companies. Drawing on deep expertise in bulk commodities, Ventum structured a tailored financing solution that supported the company in advancing to its next stage of growth. The Offering consisted of: I. 6,687,000 LIFE units at a price of C$0.50 per unit. Each unit consisted of one common share and one half of one common share purchase warrant. Each full warrant entitles the holder to purchase one common share of the company for a period of three years at an exercise price of C$0.75 per share II. 5,313,000 flow-through units at a price of C$0.50 per unit. Each unit consisted of one common share and one common share purchase warrant, where each full warrant entitles the warrant holder to purchase one common share of the company for a period of three years at an exercise price of C$0.70 per share. The securities comprising the flow-through units are subject to a statutory hold period of four months. This deal was originated by Ventum’s Mining Investment Banking Team, led by Joseph Gallucci, Managing Director, Head of Mining Investment Banking.

Ventum Capital Markets is pleased to welcome Pierre-Yves Terrisse as Managing Director, Investment Banking (Diversified & Technology industries). With over 25 years of experience in capital markets, Pierre-Yves brings deep expertise in capital raising, mergers and acquisitions, and strategic corporate development. He has built a distinguished career advising public and private companies across technology, industrial, materials, and related sectors across North America. Prior to joining Ventum, Pierre-Yves served as Vice-President, Corporate Development at a corporate issuer, where he was responsible for investor relations and supported financing and corporate development initiatives. He previously held the role of Managing Director, Investment Banking at a major Quebec-based financial institution, leading transactions for issuers across M&A, capital raising, and strategic initiatives. Pierre-Yves also brings a strong history with Ventum, having served as Managing Director of Institutional Equity Sales from 2013 to 2022, where he advised institutional investors and supported client companies with on equity financings and investor engagement. Please join us in welcoming Pierre-Yves back to Ventum. #InvestmentBanking #CapitalMarkets #TechnologySector #DiversifiedIndustries

We are very pleased to announce that Taylor Combaluzier, P.Geo. has joined our team as a Managing Director, Mining Equity Research Analyst, where he brings a breadth and depth of knowledge with corporates and investors, supported by over six years of capital markets research experience. Backed by his P.Geo designation, Taylor was a geologist with Freeport-McMoRan in Arizona prior to moving into capital markets. Taylor holds a Master of Science from EDHEC and an MBA from Université Laval. We are excited to have Taylor join Robin Kozar and Surya Sankarasubramanian in building out our mining coverage. #Mining #MiningResearch #EquityResearch #CapitalMarkets

Inflection Time with @SilkenLaumann is now running across 200+ @GoodLifeFitness Fitness clubs this month. Proud to have Ventum Financial featured in this in-club campaign. Tune in for a conversation on the defining moments behind performance and resilience. #VentumFinancial #GoodLifeFitness #InflectionTime #UnfilteredConversations #SilkenLaumann

We are pleased to welcome Steve Simmons to the Ventum team. He joins Greg Jackson, Managing Director, Investment Banking, Originations, and Brianna Boyer, Associate Investment Advisor, as we continue to expand our presence in Ottawa. A graduate of the University of Western Ontario, Steve began his career on a trading desk in 1995 and has been an Investment Advisor since 1997. He brings decades of experience supporting clients across a wide range of market environments. Steve is options licensed and specializes in small-cap companies, while also providing comprehensive wealth management services to a diverse client base. Over the course of his career, he has played a key role in the offering and financing of more than 35 CPCs and IPOs across sectors, including mining, energy, and technology. We are excited to have Steve join Ventum and look forward to the experience and perspective he brings to the team. #VentumFinancial #Ottawa #WealthManagement

Ventum Capital Markets acted as Sole Agent on C$69 million convertible debenture offering for Silver X Mining to advance the Company’s projects in Peru. @Silver_X_Mining is a Peruvian silver producing company that is focused on its district-scale Nueva Recuperada asset. Silver X has a strong growth mindset, positioning itself to be a premier silver mining company and targeting 6Moz of AgEq production p.a. by 2029. Acting as sole agent and sole bookrunner, Ventum leveraged its extensive investor network to deliver C$69M financing for Silver X through a brokered, best-efforts private placement of convertible notes. The offering included full exercise of the overallotment option, reflecting strong investor demand. This transaction demonstrates Ventum’s ability to structure bespoke capital solutions and deliver successful outcomes efficiently, in complex and time-sensitive financings. The offering comprised C$69 million of secured convertible debentures, convertible at C$1.62, bearing interest at 10.0% per annum and maturing five years following closing. Net proceeds of the offering are intended to be used for development, working capital and for general corporate purposes. This deal was originated by Ventum’s Mining Investment Banking Team, led by Joseph Gallucci, Managing Director, Head of Mining Investment Banking. #VentumCapitalMarkets #InvestmentBanking #MiningFinance #CapitalMarkets

We’re pleased to welcome Greg Jackson, as Managing Director, Investment Banking, Originations at Ventum Financial. With 25 years of investment banking experience, Greg has built a strong track record structuring and leading private placements, IPOs, and RTOs for venture issuers across diverse sectors. He has successfully led over 35 Capital Pool Company IPOs, guiding clients through public market entry, qualifying transactions, and concurrent financings. We are excited to have Greg join our growing Investment Banking team and look forward to the leadership and experience he brings to our clients and partners. Greg holds an MBA from Cornell University, a BA from Western University, and is a CFA charterholder. Please join us in welcoming Greg to Ventum. #VentumFinancial #InvestmentBanking #CapitalMarkets #WelcomeToVentum

Ventum Capital Markets (U.S) is pleased to announce that Vartan Aznavoorian has joined the firm’s Investment Banking division as Managing Director, Technology & Digital Infrastructure, effective immediately. Based in New York City, Vartan brings more than 20 years of investment banking experience and deep domain expertise in the semiconductor and digital infrastructure sectors. Having advised on over $100 billion in transactions — ranging from public and private M&A to complex sponsor-backed deals — he has a proven track record of delivering value to management teams, boards, and the private equity community. Prior to joining Ventum Vartan served as Head of Telecom and Digital Infrastructure and Head of Technology M&A at Wells Fargo Securities. Earlier in his investment banking career, he held roles at Credit Suisse First Boston and Banc of America Securities. Before transitioning to investment banking, Vartan began his career as an M&A attorney at Simpson Thacher, bringing a rigorous legal and structural perspective to his advisory work. He holds a Bachelor of Science in Economics from The Wharton School at University of Pennsylvania, and a graduate law degree from Boston College Law School. Please join us in welcoming Vartan to the team. #VentumCapitalMarkets #InvestmentBanking #Technology #DigitalInfrastructure

Ventum Capital Markets Advises MDT Sporting Goods @MDTTAC on its milestone Debt Financing Package. MDT Sporting Goods Ltd. (“MDT” or the “Company”) is a leading Canadian manufacturer and distributor of precision engineered firearm chassis and accessories based in British Columbia. With strong historical growth and global ambitions, MDT was seeking a financing partner to help accelerate expansion of its product portfolio, support its strategic plan, and provide optionality to optimize its capital structure. Ventum Capital Markets’ Debt Capital Markets team leveraged its expertise and extensive network of U.S. and Canadian capital providers in running a competitive financing process which ultimately resulted in MDT raising a credit facility with a leading US-based bank. The financing transaction will enable MDT to refinance its existing debt and capitalize on key growth initiatives as part of its business strategy. Ventum Capital Markets acted as the exclusive financial advisor to MDT in arranging the credit facility. #VentumCapitalMarkets #DebtFinancing #CapitalMarkets #FinancialAdvisory

We’re pleased to welcome Surya Sankarasubramanian to Ventum Financial as a Mining Analyst, based in Toronto. Surya brings over 9 years of experience in mining finance, supported by his CFA designation, a Queen’s MBA, and an M.Sc. in Applied Geology from the Indian Institute of Technology Bombay. Prior to his most recent time in Capital Markets, he spent more than four years as a uranium exploration geologist, leading mapping and drilling assignments as a Scientific Officer with India’s Atomic Minerals Directorate for Exploration and Research. His combined technical and capital markets background adds valuable depth to our mining research platform. Please join us in welcoming Surya to the Ventum team. #TeamVentum #VentumFinancial #Research #Mining #WelcomeToTheTeam

Spotted! Ventum Financial billboard shining on Toronto's Gardiner Expressway👀 Proud to join @GoodLifeFitness in support of Inflection Time, the podcast by 4x Canadian Olympian, @SilkenLaumann. #VentumFinancial #InflectionTime #Toronto

Ventum’s Amr Ezzat appeared on @BNNBloomberg’s Trading Day to discuss the recent US$18 million U.S. Department of Defence investment in 5N Plus. The investment underscores the growing strategic importance of critical materials and supply chain security, particularly for advanced technology and defence applications. Amr shares insights on what this development means for the company, the sector, and broader North American supply dynamics. 📺 Watch the full segment below. bnnbloomberg.ca/video/shows/…… #Ventum #EquityResearch #CapitalMarkets #CriticalMaterials #SupplyChain #BNNBloomberg

We’re pleased to welcome George Doumet to our Research team as Managing Director, Consumer Analyst. Based in Montreal, George brings nearly two decades of capital markets and equity research experience, along with a deep network of corporate and institutional investor relationships. He is widely respected for his thoughtful, high-impact coverage across small-, mid-, and large-cap consumer companies and has received multiple industry awards over the course of his career. Beyond research, George has worked closely with management teams and boards on capital markets strategy, shareholder engagement, and value creation initiatives, adding an important strategic dimension to his experience. #TeamVentum #EquityResearch #CapitalMarkets #InvestmentResearch #Montreal

Welcome to the team, Robin Kozar! We’re pleased to announce that Robin Kozar has joined our team as Managing Director, Mining Equity Research Analyst. Based in Toronto, Robin brings a breadth of experience working with corporates and institutional investors across sales, investing, and research. His past experience includes Materials Specialist Equity Sales at Credit Suisse and Mining Specialty Sales at BMO, and he was previously a highly regarded research analyst covering the metals and mining sector at RBC Capital Markets. Please join us in welcoming Robin to the team. #Welcome #TeamVentum #Mining #EquityResearch #Leadership

Ventum Capital Markets’ equity research analyst Amr Ezzat initiates coverage on Zedcor. The report highlights why $ZDC's technology-enabled security network presents a compelling long-term growth profile, supported by strong unit economics and expanding US scale. #VentumCapitalMarkets #VentumResearch #EquityResearch #CapitalMarkets

Congratulations to Joseph Farrell for being voted into the Brendan Wood TopGun Club for 2025/2026! 🎉 This year, Joseph was ranked #3 in Technical Analysis and #4 in Quantitative Analysis, reflecting his exceptional expertise and the value he delivers to clients investing in Canadian stocks. A well-deserved recognition of world-class insights and client impact! #VentumFinancial #TopGun2025 #CanadianMarkets #ClientExcellence #BrendanWood