Clairvest Reports Fiscal 2022 Third Quarter Results

Toronto 2022 (GLOBE NEWSWIRE), CLAIRVEST GROUP INC (TSX: CVG), as of February 10, 2022 (TSX: CVG), announced nin e-month cash settlement, which will be the end of the third quarter of 2022 and December 31, 2021. He also announced important events completed during the quarter. (All data is displayed in the Canadian dollar.)

Main factor

• As of December 31, 2021, the balance sheet price was $ 895, 000 as of September 30, 2021, $ 59, 49 per promotion, and $ 64, 58 per promotion.
• The quarterly pure profit ended on December 31, 2021 was 76, $ 5 million, and $ 5, per promotion. For nine months ending on December 31, 2021, failed profits were $ 123 million and $ 80 per promotion.
• Claire Best and Claire Best Equity Partners VI ("CEP VI") have newly invested in Delaware Park Hippo Dorome and Casino ("Delaware Park").
• After the end of the current quarter, as already announced, Claire Best and Claire Best Equity Partners V (CEP V) have completed a resolution of sel f-owned trikes of AgEnergy Holdings Inc, hereafter "Agenergy"). I did.
• The CLAIRVEST Board of Directors has confirmed a new application for the publisher to purchase the promotion as part of the simple course that requires approval of the Toronto Stock Exchange.

According to a state on September 30, 2021, as of December 31, 2021, Clairvest's balance was 972, $ 1 million, or compared to 895, $ 9 million or 59, 49 US Bucks before promotion. It was 64 and 58 Bucks. The quarterly balance was related to the profit of still preparation per quarter rack of direct investment. For the quarter, the company purchased 6 and canceled. The 000 normal promotion has effectively increased one promotional balance.

In December 2021, Claire Best announced the resale of Etteenergy, which would have a positive effect on the balance price of Claire Bes t-with $ 5 volumes before promotion. Later, the quarter of the resale was completed as announced. As of December 31, 2021, Claire Vest to Tour Energy-Investment was provided at an almost equal cost to salvage implementation after the quarterly completed.

In December 2021, Claire Vest, along with CEP VI, invested $ 7. 12 million in Delaware, Maryland, New Jersey, and Hippo Dorome, Delaware Park and Hippo Dorome. Creabests in investment-Tolik reached 19, 3 million dollars (24, 6 million Canada).

"The third quarter was a busy quarter for the Claire Best Team. We settled on the fifth investment destination of Delaware Park in CEP VI, which matches our Landbase gaming experience. After the quarterly, the resale of ALSOENERGY has been remarkable, except for the remarkable results. "I am glad that the momentum has been gaining momentum in the last few months." In the future, our team will develop industry knowledge and connections in our intensive areas, and in this lively market environment. Focus on finding attractive opportunities and continue to manage with discipline.

Claire Best's Board of Directors will make purchases from the Toronto Stock Exchange to 12 months from the Toronto Stock Exchange, as requires incentives from the Toronto Stock Exchange. We confirmed a new proposal for the publisher.

Consolidated cash performance-Unexpected
Total cash	Quarterly				Quarterly
	December 31st				December 31st
	2021	2020	2021	2020
($ 000S, excluding the amount per share)	$	$	$	$
Net income from investment	90. 647	61. 561	132. 580	111. 636
Punning amount of Claire Best Equity Partners III and IV	(1. 152	)	678	146	(7. 087	)
Distribution, receipt interest, dividends and commissions	10. 269	9. 177	34. 619	28. 334
Ta x-dwelling profit	14. 255	15. 476	26. 157	33. 265
Pure and composite profit	76. 532	49. 937	123. 191	90. 055
Basic and net income per share after diluting	5. 08	3. 32	8. 18	5, 98

Economic situation	31 December	31 March
	2021	2021
(Except for the unit of the $ 1, the promotional information and the amount per share)	$	$
Total assets	1. 102. 950	985. 025
Total of currency law, equivalent and shor t-term investment	271. 708	279. 373
Interest paid by Clare Best Equity Partners III and IV	29. 795	34. 318
Corporate investment (1)	708. 616	534. 667
General promise	130. 879	127. 218
Participation in Claire Best Equity Partners III and IV	22. 588	25. 996
Book price (2)	972. 071	857. 807
Normal promotion at the appeal	15. 052. 301	15. 058. 401
1 Action book price (2)	64, 58	56, 96

(1) 133. 224 U. S. dollar (March 31: 88. 343 US dollars), and Claire Best of the Crearare Best Equity Partners V and VI $ 91. 576 (March 31: 60. 346 US $ 60. 346), and Claire Vest. It commits the role of managing foreign exchange media, its equivalent and temporary investment of 64. 987 US dollars (dollar, 2021, US $ 65. 953). (2) The balance sheet price is an index not specified in IFRS, and is calculated as a deduction of the price of all assets from the price of all assets.

The third quarter of FY2022 and MD & amp; amp; amp; a ClairVest are available on the Ceda website (www. Sedar. com) and Claire's website (www. Clairivest. com).

Regarding Clarebest, Claire Best is partnership with a businessman to build a strategically important business. In 1987, the Clear Best, which was established by a successful trader group in Canada, is regarded as a direct investment management company that has an investment balance of more than 2. 6 billion Canadian dollars. Claire Best invests personal capital and three personal capital through the Claire Best Equity Partners Limited Liability Business Association. Under the management of today's team, Claire Best Manager has begun investing in all 57 platform companies and demonstrating the best characteristics for lon g-term time.

contact address

Public Relations and Marketing Manager Claire Best Group Inc. Tel: (416) 925-9270 FAX: (416) 925-5753 [EMAIL PROTECTED].

Descriptions on predictions This press release has a statement on the forecasts on Clare Best Group INC., its subsidiaries, limited liability business unions, and their investment. These descriptions are based on the current expectations, and the results, characteristics, or merits of the actual investment, or their own investments, are embodied in these forecast descriptions. It is influenced by known and unknown risks, uncertainty, and other factors, which can be significantly different from the future results, characteristics, or performance. These moments include joint and financial status on business and regulatory dangers. Claire Vest is not obliged to update any type of predictions of the genuine documents if an important precedent for new information, future events, or other reasons is changed.