SOURCE: Distinct Infrastructure Group Inc.

Distinct Infrastructure Group Inc.

September 02, 2016 17:00 ET

Distinct Infrastructure Group Completes Consolidation

TORONTO, ON--(Marketwired - September 02, 2016) - Distinct Infrastructure Group Inc. ("Distinct" or the "Company") (TSX VENTURE: DUG) is pleased to announce that it has completed the consolidation of its common shares on a 10 for 1 basis. The common shares will commence trading on a consolidated basis through the facilities of the TSX Venture Exchange on September 6, 2016. A letter of transmittal was mailed out to shareholders on September 2, 2016 requesting shareholders to forward their letter of transmittal together with their pre-consolidated share certificates and/or Direct Registration statements to Computershare in exchange for new share certificates or Direct Registration statements representing the number of consolidated common shares to which the shareholders are entitled. As a result of the consolidation there is currently 26,776,789 common shares issued and outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "anticipated", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Distinct is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. Distinct cannot assure investors that actual results will be consistent with these forward-looking statements and Distinct assumes no obligation to update or revise the forward-looking statements contained in this release to reflect actual events or new circumstances.

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