Mosaic Capital Corporation Announces Grant of RSUs and Options

CALGARY, April 16, 2018 /CNW/ - Mosaic Capital Corporation ("Mosaic" or the "Company") (TSX-V Symbols: M and M.DB) reports that it has granted, as part of its long term incentive compensation program (the "Plan"), an aggregate of 88,061 restricted securities units ("RSUs") to its directors and executive officers (59,862 RSUs) and employees (28,199  RSUs), and an aggregate of 362,406 options to purchase Mosaic common shares ("Options") to its directors and executive officers (260,150 Options) and employees (102,256 Options).  The Options have an exercise price of $5.78 and, subject to certain conditions, will expire 5 years from the date of grant.  The RSUs and Options granted will vest yearly in three equal tranches starting in April of 2019.

In accordance with the terms of Mosaic's Securities Based Compensation Plan, the exercise price of the Options is based on the 10-day volume weighted average trading price of the Company's common shares, ending April 16, 2018.

ABOUT MOSAIC CAPITAL CORPORATION

Mosaic is a Canadian investment company that owns a portfolio of established businesses which span a diverse range of industries and geographies. Mosaic's strategy is to create long-term value for its shareholders through accretive acquisitions, long-term portfolio ownership, sustained cash flows and organic portfolio growth. Mosaic achieves its objectives by maintaining financial discipline, acquiring businesses at attractive valuations, performing extensive acquisition due diligence, utilizing optimal transaction structuring and working closely with subsidiary businesses after acquisition.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

SOURCE Mosaic Capital Corporation

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