Grenville Completes Investment in Medallion Holding Company, LLC

TORONTO, ONTARIO--(Marketwired - Aug. 27, 2015) - Grenville Strategic Royalty Corp. (TSX VENTURE:GRC) ("Grenville") is pleased to announce that it has contracted for a gross sales royalty from Medallion Holding Company, LLC ("Medallion") in exchange for an advance of $2,000,000 USD with an option, if agreed upon by both companies, to advance an additional $1,000,000 USD at a later date. In exchange for this advance, Grenville will receive a royalty based on Medallion's gross revenue within Grenville's average royalty rate of between 1% and 4%.

Headquartered in Boardman, Ohio, with offices in Scottsdale, Arizona, and Irvine, California, Medallion operates two primary businesses; Medallion Financial Distributors and Medallion Wealth Partners. Medallion Financial Distributors is a premier Insurance Marketing Organization (IMO), giving advisors access to a full spectrum of financial vehicles including top annuity and life products, service and lead generation tools. The company is a founding member of Annexus Group, a nationally recognized product development firm that excels in driving innovation, development and distribution of guaranteed retirement income and accumulation products. Medallion Wealth Partners is a new entity focused on comprehensive financial planning, specifically providing accounting, legal, and financial services to assist clients in the establishment and achievement of financial objectives that facilitate their life goals. Medallion is also actively acquiring companies in the tax and accounting field in California as they grow their full-service financial planning business.

Medallion President, Michael Rossi, says of the new investment, "Grenville's product proved to be a solid fit with our current requirements to grow the business. Their team has been receptive and enjoyable to work with since day one. We are motivated and look forward to working with Grenville to build our company in the future."

"Michael and his team have built a highly consistent IMO business and are now focused on building-out a higher-growth financial planning business," said William (Bill) R. Tharp, Grenville's CEO. "We've been impressed with Medallion's high quality and diverse product line as well as their execution in the rollout of their new line of business. With an infusion of capital from Grenville, we anticipate the team at Medallion to continue to grow their business. This is also an investment in the non-bank financial services sector of our portfolio, a non-correlated business category we're looking for investments in - Michael, his Team and the Medallion model fits this position well."