PRESS RELEASES

Exempt, Inc. Announces DTC      Eligibility of its Common Shares

____________________________________________________________________________________________________________________NEWS PROVIDED BY
Exempt, Inc. 
January 19, 2022, 07:30 ET
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NORTH CAROLINA, USA, January 19, 2022 /PRNewswire/ - Exempt, Inc. ("Exempt, Inc." or the "Company") (CUSIP 301620100) is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States.

With DTC eligibility, existing investors benefit from potentially greater liquidity and execution speeds. This also opens the door to new investors that may receive our shares digitally from our common shares and simplifies the process of trading our common shares as an Alternative Investment Product (AIP) in the United States.

About Exempt, Inc.

As an Alternative Investment (AIP), The Fund will seek to invest in a diversified portfolio of development properties that reflect a balance of property risk profiles.  The Fund will target class A and middle market developers seeking a financial partner to provide private equity commitments in return for cash flow, engineering and/or development participation.  The strategy of the Fund is focused yet flexible to differentiating market conditions.  The Fund’s investment strategy is designed to enable the Fund to capitalize on EXEMPT, INC.’s growing presence in the real estate development market in North Carolina.  By targeting new developments with a range of investment returns, EXEMPT, INC. believes the Fund presents an investment vehicle that will offer the potential for attractive returns generated by new asset value creation.  EXEMPT, INC. will target investment opportunities that are expected to generate, upon stabilization of the Fund, total returns of 7% to 15%. 

In return for the capital provided to each project, the Fund will take an ownership interest in the property through individually tailored joint-ventures and have specific transaction structures.  Each joint-venture’s term will vary based on the type of property, location, demographic market, and risk profile.  In addition, the credit profile and experience of the developer will play a large role in the amount of structural mechanics designed to maintain expected returns. 

Please see the Company's website at www.exemptinc.com for the Company’s profile.

Contact

To contact the Company, please visit the Company's website, www.exemptinc.com and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours.

Exempt, Inc..
Per: "Oliver duCille"
Oliver duCille, Chief Executive Officer
Email: oliver@exemptinc.com

Forward Looking Statement Cautions:

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation relating to future benefits provided to shareholders, including with respect to future improvements to liquidity and execution speeds; opportunities for new investors that may have been previously restricted from our common shares; and the simplification of the process of trading of our common shares in the United States. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "target," "suggestive," "probability," "appear," "pursuit," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management's discussion and Analysis, publicly available through the Exempt Inc website www.exemptinc.com.

SOURCE: Exempt, Inc.