Special Advisory: EquityLine Mortgage Investment Corporation (ELMIC)

August 24, 2021

EquityLine Mortgage Investment Corporation (ELMIC) has advised of the appointment of Mark Korol to the role of Chief Financial Officer. Mark has replaced Roman Raskin who will continue to consult with the EquityLine Group of Companies. Accordingly, Mark has resigned from the Board of Directors as an Independent Director and Chair of the Compensation Committee effective August 18, 2021. With this change, the Board maintains a majority of independent directors, namely three members from the management team and four independent directors.

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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