Captor Capital Corp. (CNSX:CPTR) entered into a definitive stock purchase agreement to acquire remaining 49% stake in Captor Retail Group Inc. from group of sellers for CAD 29.7 million on December 13, 2021. The sellers include Sydney Dunmore, Julia Marguerite Hester, Adam Wilks, Fruzer Inc., Indulge Inc., 2559923 Ontario Inc. and Jackpot Inc. The Purchase Price will be fully satisfied by way of the issuance of an aggregate of 27,018,384 common shares in the capital of Captor at a deemed issue price of CAD 1.10 per Captor Share.

The Transaction is an arm's length transaction and is subject to receipt of all necessary regulatory, third-party approvals, Captor Capital receiving annual financial statements of Three Habitat for the financial year ended June 30, 2021 and the satisfaction of other customary closing conditions. The Transaction is expected to close on or before March 31, 2022. VIII Capital Corp.

is acting as financial advisor to Captor Retail Group.