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As at August 18, 2017

SaskWorks Diversified (Class A - Series A) $18.2626 SaskWorks Resources (Class R - Series A) $11.1778

SaskWorks Diversified (Class A - Series F) $18.9777 SaskWorks Resources (Class R - Series F) $11.5138

SaskWorks Closes Follow-on Investment in Steel Reef Infrastructure Corp.

April 23, 2015 (Regina, Saskatchewan) – SaskWorks Venture Fund Inc. (“SaskWorks”) participated as a lead in Steel Reef Infrastructure Corporation’s (“Steel Reef”) third round of financing. The private placement offering of 17,193,913 common shares closed at $1.85 on April 23, 2015, Steel Reef’s highest share valuation to date.

Steel Reef is a midstream company focused on strategically partnering with oil and gas exploration, development and production entities to develop a portfolio of midstream assets, through acquisition or construction, with a view to generating a regular dividend for its investors.

SaskWorks added Steel Reef to its portfolio in March 2013 and subsequently closed a follow-on transaction in March 2014. In this round of financing, the fund has added an aggregate amount of $5.3 million to its equity positions in the Diversified and Resources share classes.

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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.iavm.ca). Investors should read the prospectus and consult an Investment Advisor before making an investment decision.