Saltire Capital, Ltd. Commences Trading on the Toronto Stock Exchange (TSX)

TORONTO, Oct. 2, 2024 /CNW/ - Saltire Capital, Ltd. ("Saltire" or the "Company") is pleased to announce that its common shares and warrants have commenced trading on the Toronto Stock Exchange ("TSX") under the ticker symbols "SLT.U" for the common shares and "SLT.WT.U" for the warrants, effective September 30, 2024.  The Company also notes that on certain brokerage or stock websites the symbol is SLT-U. 

"Listing on the TSX is a significant achievement for our team, and reflects our commitment to delivering value to our stakeholders," said Andrew Clark, Chief Executive Officer of Saltire Capital, Ltd. "We look forward to leveraging our listing to drive our strategic initiatives and create long-term value for our investors."

Saltire Capital, Ltd is a long-term capital partner that invests in equity, debt and hybrid securities of private companies.  Investments consist of meaningful and influential stakes in carefully selected companies that Saltire believes are under-valued, and Saltire targets businesses with high barriers to entry, predictable revenue and cash flows and defensive characteristics, with a view to significantly improve the fundamental value of such companies over the long-term.

Saltire's predecessor FG Acquisition Corp.'s class A restricted voting shares and warrants were previously traded under the symbols FGAA.V and FGAA.WT.U.

About Saltire Capital, Ltd.

Saltire Capital Ltd. is a long-term capital partner that invests in equity, debt and hybrid securities of private companies. Investments consist of meaningful and influential stakes in carefully selected companies that Saltire believes are under-valued, and Saltire targets businesses with high barriers to entry, predictable revenue and cash flows and defensive characteristics, with a view to significantly improve the fundamental value of such companies over the long-term.

The goal of Saltire's portfolio is two-fold: (i) providing investors with increased exposure to private investments to take advantage of the current illiquidity discount across private asset classes, and (ii) providing investors with access to private investments that Saltire believes will become liquid either by a public listing or through a disposition within a reasonable timeframe.

As its first investment, Saltire Capital Ltd.  acquired MDI Screen Systems, a leading global manufacturer and distributor of premium large format projection screens. 

Forward-Looking Statements

Certain statements in this news release are prospective in nature that constitute forward-looking information and/or forward-looking statements within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements include, but are not limited to, statements concerning Saltire's business plans, strategies and growth prospects, opportunities for their respective investors, as well as other statements with respect to management's beliefs, plans, estimates and intentions, and similar statements concerning anticipated future events, results, outlook, circumstances, performance or expectations that are not historical facts.

Forward-looking statements generally, but not always, can be identified by the use of forward-looking terminology such as "outlook", "objective", "may", "could", "would", "will", "expect", "intend", "estimate", "forecasts", "project", "seek", "anticipate", "believes", "should", "plans" or "continue", or similar expressions suggesting future outcomes or events and the negative of any of these terms.

Forward-looking statements reflect management's current beliefs, expectations and assumptions and are based on information currently available to management. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve known and unknown risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated by such statements. Factors that could cause such differences include, but are not limited to those risk factors set out in the Company's final prospectus dated August 2, 2024.

All forward-looking statements included in and incorporated into this news release are qualified by these cautionary statements. Unless otherwise indicated, the forward-looking statements contained herein are made as of the date of this news release, and except as required by applicable law, the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Saltire Capital Ltd.

For further information, please contact: Robert Clark, Chief Investment Officer, Saltire Capital, Ltd., Phone: [phone], Email: [email protected]