Announcement
Grenville Completes CDN $9.6 Million in Three New Investments
December 9, 2015

TORONTO, ONTARIO–(Marketwired – Dec. 9, 2015) – Grenville Strategic Royalty Corp. (TSX VENTURE:GRC) (“Grenville”) is pleased to announce that it has contracted for gross sales royalties from 3 companies: Steam Plant and CHX Systems Limited (“Steam Plant”); Compression/Generation Services, LLC (“Compression Generation Services”), and Westlake Financial Group Inc. (“Westlake”) for US$2,000,000, US$3,000,000 and US$2,000,000, respectively, for a total of CDN$9.6 Million. In exchange for these advances, Grenville will receive royalties based on the respective company’s gross revenues.

“Steam Plant, Compression Generation Services and Westlake are three solid royalty investments materially diversifying and growing the Grenville portfolio,” says Grenville Chief Executive Officer William (Bill) R. Tharp. “Westlake and Compression Generation Services are both closely held family businesses where Grenville provides an important source of capital, enabling the families to retain control of their business while focusing on future growth. Steam Plant is a great example of the patience and discipline Grenville shows in working with a capable and focused management team over what has been a 2 year re-structuring process. These investments are a material strengthening of our royalty holdings.

In Q2 and Q3, Grenville focused on generating five contract buyouts, returning $9.2 million in capital with a further $5.4 million in realized gains. In Q4, we have deployed $13.1 million in four high quality investments, demonstrating our ability to readily redeploy returned capital in short order. With these investments, Grenville has since its inception deployed $56.9 million into 31 companies through 55 investments. In addition, we have seen a 42% increase in our deal velocity in 2015 relative to 2014.”

Steam Plant CHX

Based in Greenfield Park, Quebec, Steam Plant CHX offers engineering solutions focused on energy efficiency and emissions reduction. SPCS is a distributor of related equipment specialized in integration and controls services to industrial and institutional customers across North America. The Company also owns, markets and sells a patented emissions reduction system using Teflon® to resist highly acidic bi-products of unconventional fuels such as bio gas and refuse derived fuel.

Compression Generation Services

Based in Houston, Texas, Compression Generation Services is a leader in high pressure compressor fabrication, sales, services and support. As a servicer and provider of refurbished high pressure gas compressors and power generators, Compression Generation Services specializes in equipment and parts sourcing, retro-fits, installations and onsite equipment servicing and refurbishing.

Westlake

Based in Lake Forest, Illinois, Westlake is a local leader in HR consulting and employee benefits and related technology services. By using technology and personalized expertise to provide clients with web-based solutions, claims administration, broker and consulting services, third party administration, and US-based call centre support, Westlake enables their clients to focus on core human resources activities. Westlake also owns SaveUp.com, a San Francisco based online personal financial management company offering money saving and debt reduction solutions to consumers.

Following the purchases of these 3 royalty agreements Grenville has approximately $17.8 million of capital available for future investments.

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 $56.9 million invested in the two years since its inception.

Neither 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 Information
Grenville Strategic Royalty Corp.
William (Bill) R. Tharp
President and Chief Executive Officer
(416) 777-0383

Forward-Looking Information and Statements