Braslyn Increases Ownership in Callidus Capital Corporation

NASSAU, THE BAHAMAS, March 29, 2017 /CNW/ - Braslyn Ltd. ("Braslyn") has acquired, through the facilities of the Toronto Stock Exchange, ownership and control over 129,800 common shares of Callidus Capital Corporation ("Callidus"), representing approximately 0.26% of the outstanding common shares of Callidus.

Together with the 6,371,586 common shares of Callidus previously owned by Braslyn, Braslyn now owns and controls a total of 6,501,386 common shares of Callidus, or approximately 12.85% of the issued and outstanding common shares of Callidus.

Braslyn has acquired the common shares for investment purposes and may, from time to time, acquire additional common shares of Callidus, dispose of some or all of the common shares of Callidus, or continue to hold the common shares of Callidus.

SOURCE Braslyn Ltd.

please contact: Braslyn Ltd., 303 Shirley Street, PO Box N492, Nassau, The BahamasAttn: Jason Callender, 407 909 9000