Benzinga

AUGUST 28, 2024

The exchange ratio is based on a pre-transaction equity value of Tactical Resources of US$500 million. The exchange ratio will be adjusted in the event that the Company completes any new equity financings prior to the Closing. million, calculated on a fully diluted basis.

Enterprise Value 40

Enterprise Value Equity Financing Equity Net Debt 40

Benzinga

NOVEMBER 2, 2022

million of consolidated debt and finance lease obligations. Including the Company's pro-rata share of joint venture cash and debt of $4.5 million, respectively, results in a third quarter 2022 net debt to annualized adjusted EBITDA ratio of 7.0x. FINANCING ACTIVITY. Other assets, net. .

Dividends 40

Dividends Equity Net Debt Finance 40

Benzinga

AUGUST 12, 2024

Enhancing Financial Profile: Expected to be immediately accretive to adjusted net earnings per share 3 with significant further opportunities for Adjusted EBITDA margin 3 enhancement and revenue and cost synergies. Preparing for the Future: Financing package includes equity raise to preserve flexibility for future growth.

Equity Financing 45

Equity Financing EBITDA Finance Equity 45

Benzinga

DECEMBER 18, 2024

Transaction Highlights The $75 million equity securities financing represents a significant premium to market. Vireo expects to issue approximately 120,000,000 Subordinate Voting Shares in relation to the equity securities offering.

Finance 40

Finance EBITDA Equity Net Debt 40