SALTIRE CAPITAL LTD. ANNOUNCES CLOSING OF CREDIT FACILITY

TORONTO, Nov. 20, 2024 /CNW/ - Saltire Capital Ltd. (formerly FG Acquisition Corp.) ("Saltire" or the "Company") (TSX: SLT.U) (TSX: SLT.WT.U) is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with National Bank of Canada ("NBC"), pursuant to which NBC has agreed to provide Saltire with a revolving credit facility in the amounts and on the terms and conditions outlined below (the "Credit Facility"). The Credit Facility provides Saltire with borrowing capacity of up to US$12 million (with an additional US$3 million accordion feature), which will provide Saltire with further flexibility as it continues to pursue its growth strategy. In particular, the Credit Facility is expected to support Saltire's ability to capitalize on acquisition opportunities as they arise, and also for general corporate and working capital purposes, while maintaining a prudent approach to leverage.