StableView Asset Management Acquires Direction over Securities of Clarocity Corporation

Toronto, Ontario--(Newsfile Corp. - November 25, 2016) - StableView Asset Management Inc. ("StableView") announces that on November 22, 2016, in connection with the closing of the second tranche of financing for $1.5 million provided by StableView to Clarocity Corporation ("Clarocity"), StableView acquired control or direction over 4,500,000 common share purchase warrants ("Warrants"). Each Warrant entitles the holder to purchase one common share at an exercise price of $0.11 per common share for a period of three years.

Immediately after acquiring control or direction over the Warrants, Stableview exercised control or direction over 23,161,140 common share purchase warrants representing 19.69% of the total issued common shares assuming the common share purchase warrants held by the Stableview are exercised.

StableView acquired and holds the Warrants for investment purposes and may, depending on market and other conditions, increase or decrease its beneficial ownership or control of the Warrants or other securities of Clarocity.

For more information or to obtain a copy of the early warning report filed under National Instrument 62-103, please contact:

StableView Asset Management Inc.
Attention: Colin Fisher
Telephone: 416-920-8600