Grenville Completes Investment in TruGolf Inc. - Seite 2

In the second quarter of 2015, Grenville invested $7.94 million in capital, $4.36 million into new investments and $3.58 million into follow-on investments. To date, Grenville has completed approximately $37.79 million in royalty financings, building a diversified portfolio in Canada and the United States.

About TruGolf Inc.

Based in Centreville, Utah, TruGolf Inc. is a virtual golf Content Solution provider that offers cutting edge technology for Cloud-based, real-time gaming, game improvement and alternative formats. For more than 20 years, TruGolf has been passionately committed to recreating the artistry of the game and currently offers the most prestigious course library with almost 100 courses available, over 25 of which that are ranked among the "Top 100 Courses in the World" by Golf Digest. TruGolf's E6GOLF Software, a physics-based engine that replicates the precise behaviours of outdoor play, can be found in commercial and residential indoor golf simulators throughout the world.

About Grenville

Grenville is a Toronto-based company that was formed to provide royalty-based finance solutions by acquiring revenue streams generated by growing industrial and technology businesses. Grenville has identified a large and underserviced finance market for companies generating up to $50 million in revenue, many of which are well managed and generating improving cash flow, but face difficult financing hurdles from traditional debt and equity markets. The non-dilutive royalty financing structure offered by Grenville can bridge the financing needs of these companies until traditional debt or equity is available to them on more attractive commercial terms. The application of Grenville's royalty financing structure into sectors not traditionally serviced by royalty companies represents a new and innovative financing model - Capital Simplified - that has already attracted a considerable number of opportunities with attractive potential returns.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only Grenville's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Grenville's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken, "will continue", "will occur" or "will be achieved".