Braslyn Increases Ownership in Callidus Capital Corporation

NASSAU, The Bahamas, March 26, 2018 /CNW/ - Braslyn Ltd. ("Braslyn") has acquired, through Callidus Capital Corporation's ("Callidus") dividend reinvestment plan, ownership and control over 99,888 common shares of Callidus, representing approximately 0.19% of the outstanding common shares of Callidus.

Together with the 7,508,964 common shares of Callidus previously owned by Braslyn, Braslyn now owns and controls a total of 7,608,852 common shares of Callidus, or approximately 14.67% 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.

Braslyn Ltd., 303 Shirley Street, PO Box N492, Nassau, The Bahamas, Attn: Jason Callender, 407 909 9000