Dream Impact Trust Renews Normal Course Issuer Bid and Automatic Securities Purchase Plan

Jan 30, 2023

Dream Impact Trust (TSX: MPCT.UN) announced today that the Toronto Stock Exchange (“TSX”) accepted a notice filed by Dream Impact Trust (the “Trust”) to renew its prior normal course issuer bid for a one year period. Under the bid, the Trust will have the ability to purchase for cancellation up to a maximum of 4,648,812 of its Units (the “Units”) (representing 10% of the Trust’s public float of 46,488,128 Units as of January 20, 2023) through the facilities of the TSX. The bid will commence on February 1, 2023 and will remain in effect until the earlier of January 31, 2024 or the date on which the Trust has purchased the maximum number of Units permitted under the bid. Daily repurchases will be limited to 12,580 Units, representing 25% of the average daily trading volume of the Units on the TSX during the last six calendar months (being 50,320 Units per day), other than purchases pursuant to applicable block purchase exceptions. As of January 20, 2023, the number of issued and outstanding Units was 67,213,142.

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