Grenville Reports on Exercise of Warrants

TORONTO, Ontario – February 23, 2016Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville”) is pleased to announce that approximately 97% of the common share purchase warrants issued in connection with the completion of Grenville’s reverse takeover transaction in February 2014 were exercised prior to the expiry of the warrants. As a result of these exercises, Grenville issued 9,394,741 common shares at a price of $0.42 per share, for total gross proceeds of $3,945,791.


About Grenville

Based in Toronto, Grenville Strategic Royalty Corp. is a publicly-traded royalty company that makes investments in established businesses with revenues of up to $50 million dollars. Grenville generates revenues from royalty payments and buyouts from contracts. The non-dilutive royalty financing structure offered by Grenville competes directly with traditional equity to meet the long-term financing needs of companies on more attractive commercial terms. To date, Grenville has announced cash inflows of $23.4 million from $58 million invested in the period since its inception.

For more information, please contact:

Grenville Strategic Royalty Corp.
William (Bill) R. Tharp
President and Chief Executive Officer
(416) 777-0383

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