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As at May 17, 2019

SaskWorks Diversified (Class A - Series A) $20.4244 SaskWorks Resources (Class R - Series A) $11.4881

SaskWorks Diversified (Class A - Series F) $22.0463 SaskWorks Resources (Class R - Series F) $11.9801

InstarAGF ESSENTIAL INFRASTRUCTURE FUND INVESTS $75 MILLION IN STEEL REEF INFRASTRUCTURE CORP.

CALGARY, ALBERTA (April 20, 2016)

InstarAGF Asset Management Inc. (“InstarAGF”) and Steel Reef Infrastructure Corp. (“Steel Reef”) today announced that the InstarAGF Essential Infrastructure Fund (the “Fund”) has invested $75 million of equity in Steel Reef, subscribing for 34,883,721 common shares at a price of $2.15 per share, representing 20.6% of Steel Reef’s outstanding common shares. All amounts are in Canadian dollars.

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READ OUR PROSPECTUS > This offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained free of charge from your Investment Advisor or the agent, Industrial Alliance Securities Inc. (www.iasecurities.ca). Investors should read the prospectus and consult an Investment Advisor before making an investment decision.