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Verdant Financial Partners I Inc.

11:58 AM EST - Verdant Financial Partners I Inc. : Provided further details on the concurrent financing, being completed by 8095981 Canada Inc., operating as Axis Auto Finance in relation to the Company's proposed Qualifying Transaction (as that term is defined in the policies of the TSX Venture Exchange) with Axis. Unless otherwise stated, all dollar amounts referred to herein are to Canadian dollars. The Financing is anticipated to result in aggregate gross proceeds of approximately $5 million, and includes proceeds from a $1.5-million convertible debenture which has already been issued on July 3, 2015, the private placement of units of Axis for gross proceeds of approximately $1 million, and the issuance of subscription for aggregate gross proceeds of approximately $2.5 million. Verdant Financial Partners I Inc. shares V.VFI.H are trading unchanged at $0.03.