Annoucements - Portfolio

June 21, 2017

Grenville Strategic Royalty Announces USD$500,000 Royalty Agreement with Frequentz, Inc.

Grenville Strategic Royalty Announces USD$500,000 Royalty Agreement with Frequentz, Inc.

TORONTO, Ontario, June 21, 2017 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville” or the “Company”) today announced it has signed a royalty purchase agreement with Frequentz, Inc. (“Frequentz”) to provide USD$500,000 in growth capital.

Based in Palo Alto, CA, Frequentz is a leading provider of comprehensive supply chain traceability and information management solutions, serving some of the world’s largest food and life sciences distributors and manufacturers.  Leveraging technology initially built by Earthbound Farm and IBM, the company’s software provides valuable insights into supply chains and critical business processes by collecting, storing, and analyzing serialized ingredient data through each stage of processing down to their source.

“Frequentz represents an opportunity for Grenville to invest alongside highly regarded Silicon Valley investors and entrepreneurs with deep domain expertise in a leading supply chain technology company” said Grenville CEO Steve Parry. “This is a good example of our focus on investments with quality management and capital partners, where our royalty product is ideally suited to act as a catalyst for future growth.”

Frequentz, Inc.

Frequentz provides serialized data, supply chain traceability, and information management software solutions to major food and life sciences companies. Frequentz ’s primary offering, their Information Repository & Intelligence Server (“IRIS”) tracks, traces, serializes, verifies, captures, stores, and analyses product event data, at the unit or lot level, as the product moves through the supply chain.

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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

June 14, 2017

Grenville Strategic Royalty Announces Completion of Transaction To Restructure Lattice Biologics Investment

Grenville Strategic Royalty Announces Completion of Transaction To Restructure Lattice Biologics Investment

TORONTO, June 14, 2017 (GLOBE NEWSWIRE) — Grenville Strategic Royalty Corp. (TSXV:GRC) (“Grenville” or the “Company”) today announced that, as previously disclosed, it has acquired 18,246,600 common shares (“Shares”) of Lattice Biologics Ltd (TSXV:LBL) (“Lattice”) at an issue price of CDN$0.20 in exchange for the extinguishment of USD$2,000,000 of Grenville’s original royalty investment in Lattice and USD$700,000 of overdue royalty payments owing by Lattice to Grenville under the existing royalty agreement between the parties. As a result of the issuance of the Shares, Grenville holds approximately 19.68% of the total issued and outstanding common shares of Lattice. The Shares are subject to a four-month hold period under applicable securities laws. Grenville has filed an early warning report on SEDAR in respect of its acquisition of the Shares.

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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

June 5, 2017

Grenville Strategic Royalty Announces $USD350,000 Royalty Agreement with Kare Intellex Inc.

Grenville Strategic Royalty Announces $USD350,000 Royalty Agreement with Kare Intellex Inc.

TORONTO, June 05, 2017 (GLOBE NEWSWIRE) — Grenville Strategic Royalty Corp. (TSXV:GRC) (“Grenville” or the “Company”) today announced it has signed a royalty purchase agreement with Kare Intellex Inc. (“Kare”) to provide USD$350,000 in acquisition and growth capital.

Kare offers software that automates tedious paper record-keeping and insurance billing for home health agencies. With this financing, the company has completed the acquisition of Alternacare Home Health Services Inc. (“Alternacare”) which will serve as a platform for demonstrating the value of the Kare  software.  By combining the two businesses, Kare will be able to fully integrate with medical providers, large insurance providers, and families to significantly improve the way home care is delivered.

“We are very pleased to add to our technology-enabled healthcare portfolio with the investment in Kare Intellex,” said Grenville CEO Steve Parry. “Hanad Duale, Cindy Thiel and their industry-expert board are taking advantage of the strongest trend in US healthcare – the move towards homecare as a more cost effective and patient-friendly method of delivering services. We believe the combination of Kare’s technology platform with the acquisition of Alternacare is a great model for demonstrating this approach.”

About Kare Intellex Inc.

Kare Intellex Inc. has developed an on-demand mobile platform that is transforming homecare delivery by empowering patients, caregivers and payers to reduce costs and focus resources where they’re needed most, patient care.  Via its recent acquisition of Alternacare, the company now offers home health services to patients located in the South East of the state of Ohio.

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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

May 9, 2017

Grenville Strategic Royalty Announces $1,500,000 Royalty Agreement with ConnectAndSell, Inc.

Grenville Strategic Royalty Announces $1,500,000 Royalty Agreement with ConnectAndSell, Inc.

TORONTO, Ontario, May 8, 2017 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville” or the “Company”) today announced it has signed a royalty purchase agreement with ConnectAndSell, Inc. (“ConnectAndSell”) to provide US$1,500,000 in growth capital.

ConnectAndSell, a Silicon Valley–based corporation established in 2007, has developed the world’s most advanced on-demand sales-acceleration platform. ConnectAndSell’s technology-enabled service overcomes the limitations of commonly used predictive and power dialers and increases the average number of live conversations per rep by a factor of 8-10X. The company achieves this through a combination of patented technology and minimal human agent touch. To date, ConnectAndSell has made more than 100 million dials and delivered over five million conversations to more than one thousand B2B customers, ranging from aggressive startups to the most established enterprises.

“With over 100 million fully navigated dials executed for its customers, ConnectAndSell has clearly demonstrated the value of its sales acceleration platform, earning recognition by Forbes Magazine as one of the 10 Most Innovative Companies to Watch in 2016,” said Grenville CEO Steve Parry. “We are investing with this management team of highly regarded Silicon Valley veterans including Chris Beall, Shawn McLaren and Jonti McLaren because they have demonstrated their commitment to the enterprise by growing the business with their own capital. Our non-dilutive royalty product, an alternative to traditional venture capital, is a very good fit with their continuing objective to retain strong ownership while accelerating growth.”

About ConnectAndSell, Inc.

ConnectAndSell, a Silicon Valley–based corporation established in 2007, has developed the world’s most advanced on demand sales-acceleration platform. ConnectAndSell’s technology-enabled service overcomes the limitations of commonly used predictive dialers and increases the average of number of live conversations per rep by a factor of 8-10X. The company achieves this through a combination of patented technology and minimal human agent touch.

 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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

April 26, 2017

Grenville Strategic Royalty Announces Restructuring of Lattice Biologics Investment

Grenville Strategic Royalty Announces Restructuring of Lattice Biologics Investment

TORONTO, Ontario, April 26, 2017 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville” or the “Company”) today announced that, subject to the approval of the TSV Venture Exchange, 18,246,600 common shares (“Shares”) of Lattice Biologics Ltd (TSXV: LBL) (“Lattice”) will be issued to the Company at an issue price of CDN$0.20 in exchange for the extinguishment of USD$2,000,000 of Grenville’s original royalty investment in Lattice and USD$700,000 of overdue royalty payments owing by Lattice to Grenville under the existing royalty agreement between the parties. Immediately following the issuance of the Shares, Grenville expects that it will hold approximately 19.7% of the total issued and outstanding common shares of Lattice. The Shares will be subject to a four-month hold period under applicable securities laws.

Pursuant to the transaction, the existing royalty agreement will be terminated and additional overdue royalty payments of US$69,512 will be extinguished. The remaining USD$1,000,000 of the original royalty investment will be converted to a new royalty equal to 1.25% of the revenue of Lattice, payable quarterly as and when cash and cash equivalents of Lattice for a quarter exceed the cash and cash equivalents of Lattice for the previous quarter by at least USD$100,000.
In addition, the parties have agreed to amend the secured note in the principal amount of USD$700,000 issued by Lattice to Grenville on July 31, 2015 (the “Secured Note”) to extend the maturity date until April 24, 2022, and to change the interest rate from 12.5% per annum to 4.244% per annum. Accrued interest owing under certain unsecured promissory notes issued by Lattice to Grenville will also be extinguished.

“Lattice has made good progress on their development of new products,” said Grenville CEO Steve Parry. “Based on this progress, Grenville believes that transitioning our investment to a blend of equity, royalty and debt provides the best opportunity for positive financial returns for Grenville’s shareholders while improving Lattice’s balance sheet for future growth opportunities.”
Completion of the transaction is subject to all necessary approvals, including the approval of the TSX Venture Exchange.

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.
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.
For further information, please contact:

Grenville Strategic Royalty Corp.:
Steven Parry
Chief Executive Officer
Tel: (416) 777-0383

April 25, 2017

Grenville Strategic Royalty and Joint Venture Partners Announce $250,000 Royalty Agreement with Fixt Wireless Inc.

Grenville Strategic Royalty and Joint Venture Partners Announce $250,000 Royalty Agreement with Fixt Wireless Inc.

TORONTO, Ontario, April 25, 2017 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville” or the “Company”) today announced it has signed a royalty purchase agreement with Fixt Wireless Inc. (“Fixt”) to provide CDN$125,000 in growth capital. Grenville’s investment partners, Foregrowth Holdco Inc. and Darwin Strategic Royalty Corp., invested alongside Grenville, for a total commitment from the three parties of CDN$250,000 to Fixt.

Fixt is a Toronto-based B2B and B2C wireless device repair service provider, set-up by a team of industry veterans to lead a multi-billion-dollar market that is relevant to 90% of the Canadian population. The Fixt brand is quickly becoming synonymous with an unwavering commitment to quality, data security, and timely service.

“Fixt is a stellar example of the type of technology service business we seek. We are delighted to be co-investing alongside this world class management team led by Garry Wood,” said Grenville CEO Steve Parry. “We believe Garry and his team are building a great Canadian brand in the emerging market for cell phone repair where one or two dominant firms will emerge over the next few years. We believe their business plan, expertise and exceptional networks built over decades in the telecom industry position Fixt to be one of the winners in this race.”

About Fixt Wireless Inc.

Fixt is a privately-held, emerging national leader in the B2B and B2C Canadian wireless repair space.  In 100% corporately owned locations, the company provides clients with same-day service for most repairs, as well as a variety of warranty programs, mail-in, pick-up, and delivery services for corporate customers.

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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

April 19, 2017

Grenville Strategic Royalty Announces $5 Million Contract Buyout of Aquam Corporation Agreement

Grenville Strategic Royalty Announces $5 Million Contract Buyout of Aquam Corporation Agreement

TORONTO, Ontario, April 19, 2017 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville” or the “Company”) today announced the contract buyout of its royalty agreement with Aquam Corporation (“Aquam”) for CDN$5 million.

Grenville’s total return from its CDN$2 million investment was CDN$5 million plus all royalties earned since the inception of the investment in June 2014. The contract buyout transaction also generated CDN$2.8 million of free cash flow for Grenville.

“We want to congratulate the Aquam team on the transformational financing that facilitated the buyout of the Grenville royalty and wish them continued success with their exciting business,” said Steve Parry, Chief Executive Officer of Grenville. “We are proud to have been a contributor to this successful outcome as an early capital provider. This is our highest cash on cash return to date, a strong demonstration of the value of our combined royalty-buyout financing structure. Grenville has now received more than $23.9 million in cash inflows from the seven buyouts to date. The proceeds from contact buyouts, like this one, provide us with a non-dilutive source of capital to redeploy across new opportunities. These new investments, together with the leverage in the portfolio from the participation of our joint venture partners, support our core objectives of diversification and scale. With CDN$11.8 million in capital ready to deploy, we are very well positioned for 2017 growth.”

Aquam is an integrated pipe infrastructure solutions company based in San Diego, California, that provides proven technology solutions to owners and operators of both water and natural gas pipe infrastructures.

Resignation of Director

Grenville also announced that effective May 1, 2017, Gaston Tano will resign as a director of Grenville.

“On behalf of Grenville, I would like to thank Gaston for the commitment he has demonstrated to Grenville since its inception. His expertise, advice and professionalism in his role as a director and as the Chair of the Audit Committee were invaluable,” said Catherine McLeod-Seltzer, Chair of Grenville. “We wish him the very best in his future endeavors.”

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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

April 18, 2017

Grenville Strategic Royalty and Joint Venture Partners Announce US$300,000 Royalty Agreement with MedWorxs

Grenville Strategic Royalty and Joint Venture Partners Announce US$300,000 Royalty Agreement with MedWorxs

– Follow-on investment of US$250,000 in Factor 75 –

TORONTO, Ontario, April 18, 2017 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville” or the “Company”) today announced it has signed a royalty purchase agreement with MedWorxs LLC (“MedWorxs”) to provide US$150,000 in growth capital. Grenville’s investment partners, Foregrowth Holdco Inc. and Darwin Strategic Royalty Corp., invested alongside Grenville, for a total commitment from the three parties of US$300,000 to MedWorxs.

Medworxs is a privately-held, Denver-based company that provides inpatient and ambulatory software solutions to healthcare facilities through its proprietary cloud-based, software-as-a-service platform. Its service offering includes electronic health records, ambulatory health records, revenue cycle management software, financial and management software.

In addition to the investment in MedWorxs, Grenville and its joint venture partners also announced a follow-on investment of US$250,000 in Factor 75, a healthy meal delivery company. Grenville committed US$125,000 to the follow-on investment based on the exceptional growth demonstrated by Factor 75 during the first quarter of 2017.

“MedWorxs is an excellent example of a company that fits our go-forward investment strategy. It is a recurring revenue business with an established growth strategy, run by highly experienced experts in the target market,” said Steve Parry, Chief Executive Officer of Grenville. “Similarly, Factor 75 has demonstrated the high growth potential of their fitness-based meal service again with a highly talented team and proven execution capability.”

About MedWorxs LLC

MedWorxs is a privately-held, international leader in inpatient and ambulatory software solutions. Its cloud based technology is modern in design, delivering the right features for its customer base. MedWorxs is software, people and expertise dedicated to helping the  organization meet regulatory commitments, reduce costs, errors and improve the quality of care.

About Factor 75

Based in Chicago and founded in 2012, Factor 75 is dedicated to optimizing people’s lives by giving them more energy, time and a fresh perspective on how to live. The Factor 75 approach takes care of planning, preparing and delivering healthy, nutritious meals to customers nationwide across the United States.

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.

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.

For further information, please contact:

Grenville Strategic Royalty Corp.:

Steven Parry

Chief Executive Officer

Tel: (416) 777-0383

December 28, 2016

Grenville and Joint Venture Partners Complete CDN$250,000 Royalty Investment in eSCRIBE

Grenville and Joint Venture Partners Complete CDN$250,000 Royalty Investment in eSCRIBE

TORONTO, Ontario – December 28, 2016 – Grenville Strategic Royalty Corp. (TSXV: GRC) (“Grenville”), along with partners Foregrowth Holdco Inc. (“Foregrowth”) and Darwin Strategic Royalty Corp. (“Darwin”), is pleased to announce that it has contracted for a gross sales royalty from eSCRIBE. (“Escribe”) in exchange for an advance of $250,000 CDN. As part of the joint venture agreements with Foregrowth and Darwin, Grenville will fund $125,000 CDN of the investment, while Foregrowth and Darwin will each fund $62,500 CDN. Grenville and the joint venture partners will receive a royalty based on Escribe’s gross revenue within Grenville’s average royalty rate of between 1% and 4%.

Founded in 2003, eSCRIBE is a leading North American provider of secure cloud based paperless board meeting software solutions, and has become the go-to choice of public and private sector boards, committees and councils looking to boost transparency, citizen participation, improve organizational efficiency and meet evolving accessibility standards. eSCRIBE’s Microsoft Azure cloud-based configurable suite of collaborative meeting management software can be used to create and enforce predictable, repeatable meeting patterns for collaboration among people working under a mandate towards a goal.

“We are pleased to welcome Grenville and its partners as one of the lead investors in our latest investment round,” said Robert Treumann, eSCRIBE’s Chief Executive Officer. “With the closing of this strategic growth capital, our already competitive solution set, and expanded Microsoft co-selling partnership, we are well positioned to continue to expand both our North American and International footprint.”

Grenville CEO, Steve Parry, commented, “Escribe is at the forefront of its industry as a paperless meeting automation solution and governance platform and we look forward to helping the company expand its reach with this investment.”

About eSCRIBE
eSCRIBE is a leading independent cloud provider of paperless legislative meeting management solutions. eSCRIBE’s robust user configurable meeting management engine and award winning SharePoint integration, is the go-to choice of public and private sector boards, committees and councils looking to improve efficiency, transparency and accessibility while at the same time reducing costs and impact to the environment. With eSCRIBE meeting outputs can be easily published to the web, indexed to video and audio if available; all in accordance with evolving access and accessibility requirements. With a broad base of experience and industry certifications in the design, development and support of custom legislative business process management solutions; eSCRIBE’s internal team of subject matter experts, project managers, business consultants, software engineers, quality assurance testers, and documentation experts do not outsource or subcontract any of the development, support or enhancement of its products.

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.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein may include, but is not limited to, information with respect to: prospective financial performance, including the performance of the joint ventures referenced herein; including the Company’s opinion regarding the current and future performance of its portfolio, expenses and operations; anticipated cash needs and need for additional financing; anticipated funding sources; future growth plans; royalty acquisition targets and proposed or completed royalty transactions; estimated operating costs; estimated market drivers and demand; business prospects and strategy; anticipated trends and challenges in the Company’s business and the markets in which it operates; the Company’s ability to pay dividends in the future and the timing and amount of those dividends;; and the Company’s financial position. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to a number of risks including, without limitation, risks relating to: the need for additional financing; the relative speculative and illiquid nature of an investment in the Company; the volatility of the Company’s share price; the Company’s limited operating history; the Company’s ability to generate sufficient revenues; the Company’s ability to manage future growth; the limited diversification in the Company’s existing investments; the Company’s ability to negotiate additional royalty purchases from new investee companies; the Company’s dependence on the operations, assets and financial health of its investee companies; the Company’s ability to successfully manage its joint venture relationships; the Company’s limited ability to exercise control or direction over investee companies; potential defaults by investee companies and the unsecured nature of the Company’s investments; the Company’s ability to enforce on any default by an investee company; competition with other investment entities; tax matters, including the potential impact of the Foreign Account Tax Compliance Act on the Company; the potential impact of the Company being classified as a Passive Foreign Investment Company (“PFIC”); the Company’s ability to pay dividends in the future and the timing and amount of those dividends; reliance on key personnel, particularly the Company’s founders; dilution of shareholders’ interest through future financings; and general economic and political conditions; as well as the risks discussed under the heading “Risk Factors” on pages 16 to 22 of the Annual Information Form of the Company dated February 11, 2015 and the risks discussed herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Assumptions about the performance of the Canadian and U.S. economies over the next 24 months and how that will affect the Company’s business and its ability to identify and close new opportunities with new investees are material factors that the Company considered when setting its strategic priorities and objectives, and its outlook for its business.

Key assumptions include, but are not limited to: assumptions that the Canadian and U.S. economies relevant to the Company’s investment focus will remain relatively stable over the next 12 to 24 months; that interest rates will not increase dramatically over the next 12 to 24 months; that the Company’s existing investees will continue to make royalty payments to the Company as and when required; that the businesses of the Company’s investees will not experience material negative results; that the Company will continue to grow its portfolio in a manner similar to what has already been established; that tax rates and tax laws will not change significantly in Canada and the U.S.; that more small to medium private and public companies will continue to require access to alternative sources of capital; that the Company will have the ability to raise required equity and/or debt financing on acceptable terms; and that the Company will have sufficient free cash flow to pay dividends. The Company has also assumed that access to the capital markets will remain relatively stable, that the capital markets will perform with normal levels of volatility and that the Canadian dollar will not have a high amount of volatility relative to the U.S. dollar. In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.

The forward-looking information and forward-looking statements contained in this PRESS RELEASE are made as of the date of this PRESS RELEASE, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

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.
Steven Parry
Chief Executive Officer
(416) 777-0383

December 19, 2016

Grenville and Joint Venture Partners Complete US$500,000 Royalty Investment in Factor75, LLC

Grenville and Joint Venture Partners Complete US$500,000 Royalty Investment in Factor75, LLC

TORONTO, Ontario, December 19, 2016 – Grenville Strategic Royalty Corp. (TSX VENTURE:GRC) (“Grenville”), along with partners Foregrowth Holdco Inc. (“Foregrowth”) and Darwin Strategic Royalty Corp. (“Darwin”), is pleased to announce that it has contracted for a gross sales royalty from Factor75, LLC (“Factor 75”) in exchange for an advance of $500,000 USD. As part of the joint venture agreements with Foregrowth and Darwin, Grenville will fund $250,000 USD of the investment, while Foregrowth and Darwin will each fund $125,000 USD. Investors will receive a royalty based on Factor 75’s gross revenue within Grenville’s average royalty rate of between 1% and 4%.

Based in Chicago, Illinois, Factor 75 is a performance nutrition company dedicated to optimizing people’s lives, by providing them with more time, energy and a fresh perspective on how to live. Crafted by leading nutritionists and chefs, Factor 75 uses the highest quality ingredients in its meals coupled with culinary excellence to provide customers with optimal nutrition and exceptional taste.

Factor 75 Chief Executive Officer, Nick Wernimont, commented, “Partnering with Grenville provides Factor 75 with the capital for our next phase of growth and to meet the rapidly growing demand for our product. We look forward to working with Grenville to build and strengthen our company further.”

Grenville CEO Steve Parry, says of the new investment, “This is an exciting investment for Grenville and our joint venture partners. Factor 75 brings its customers a transformative product and we’re excited to be part of the company’s expansion and development.”

About Factor 75

Factor 75, an online personalized chef service based in Chicago, prepares and delivers meals throughout the United States. Our meals are specially designed by a team of nutritionists and chefs to provide an optimal balance of nutrition and taste to enhance performance in all aspects of your life. Our name is based on research showing 75% or more of your fitness results come from what you eat. Factor 75 is about outsourcing your nutrition so you can spend more time doing the activities you love while still enjoying and feeling good about what you eat.

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.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein may include, but is not limited to, information with respect to: prospective financial performance, including the performance of the joint ventures referenced herein; including the Company’s opinion regarding the current and future performance of its portfolio, expenses and operations; anticipated cash needs and need for additional financing; anticipated funding sources; future growth plans; royalty acquisition targets and proposed or completed royalty transactions; estimated operating costs; estimated market drivers and demand; business prospects and strategy; anticipated trends and challenges in the Company’s business and the markets in which it operates; the Company’s ability to pay dividends in the future and the timing and amount of those dividends;; and the Company’s financial position. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to a number of risks including, without limitation, risks relating to: the need for additional financing; the relative speculative and illiquid nature of an investment in the Company; the volatility of the Company’s share price; the Company’s limited operating history; the Company’s ability to generate sufficient revenues; the Company’s ability to manage future growth; the limited diversification in the Company’s existing investments; the Company’s ability to negotiate additional royalty purchases from new investee companies; the Company’s dependence on the operations, assets and financial health of its investee companies; the Company’s ability to successfully manage its joint venture relationships; the Company’s limited ability to exercise control or direction over investee companies; potential defaults by investee companies and the unsecured nature of the Company’s investments; the Company’s ability to enforce on any default by an investee company; competition with other investment entities; tax matters, including the potential impact of the Foreign Account Tax Compliance Act on the Company; the potential impact of the Company being classified as a Passive Foreign Investment Company (“PFIC”); the Company’s ability to pay dividends in the future and the timing and amount of those dividends; reliance on key personnel, particularly the Company’s founders; dilution of shareholders’ interest through future financings; and general economic and political conditions; as well as the risks discussed under the heading “Risk Factors” on pages 16 to 22 of the Annual Information Form of the Company dated February 11, 2015 and the risks discussed herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Assumptions about the performance of the Canadian and U.S. economies over the next 24 months and how that will affect the Company’s business and its ability to identify and close new opportunities with new investees are material factors that the Company considered when setting its strategic priorities and objectives, and its outlook for its business.

Key assumptions include, but are not limited to: assumptions that the Canadian and U.S. economies relevant to the Company’s investment focus will remain relatively stable over the next 12 to 24 months; that interest rates will not increase dramatically over the next 12 to 24 months; that the Company’s existing investees will continue to make royalty payments to the Company as and when required; that the businesses of the Company’s investees will not experience material negative results; that the Company will continue to grow its portfolio in a manner similar to what has already been established; that tax rates and tax laws will not change significantly in Canada and the U.S.; that more small to medium private and public companies will continue to require access to alternative sources of capital; that the Company will have the ability to raise required equity and/or debt financing on acceptable terms; and that the Company will have sufficient free cash flow to pay dividends. The Company has also assumed that access to the capital markets will remain relatively stable, that the capital markets will perform with normal levels of volatility and that the Canadian dollar will not have a high amount of volatility relative to the U.S. dollar. In determining expectations for economic growth, the Company primarily considers historical economic data provided by the Canadian and U.S. governments and their agencies. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.

The forward-looking information and forward-looking statements contained in this PRESS RELEASE are made as of the date of this PRESS RELEASE, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

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.