Mr. Jason Bell reports

CANSO SELECT OPPORTUNITIES CORPORATION ANNOUNCES THE TERMINATION OF ITS WHOLLY OWNED TRUST, CANSO SELECT OPPORTUNITIES FUND

Canso Select Opportunities Corp.'s wholly owned trust, Canso Select Opportunities Fund, will terminate effective May 15, 2026, following the transitional period previously disclosed to investors on Feb. 1, 2018.

As announced in earlier communications, the fund historically maintained a pool of tax loss carry forwards that could be utilized to shelter taxable gains of the fund, provided that the trust continued to be maintained and certain other conditions were met. At that time, the fund's intention was to maintain its continued existence until such time as all or substantially all of those tax losses were utilized, or for so long as the benefits associated with maintaining and utilizing those losses, including current and potential cash tax savings, outweighed the costs of maintaining the fund.

Given that the holding period for many of the fund's investments was expected to be measured in years, and in light of the fund's available tax losses, it was anticipated that the "transitional period" could extend for several months to a year or longer. During this period, some new investments were made by the fund, and some new investments were made directly by CSOC.

The trustees of the fund have determined that it is the appropriate time to wind-up the fund given the diminishing tax benefits associated with maintaining the fund. As a result, the fund will terminate effective May 15, 2026. Upon termination, any remaining property or assets and liabilities of the fund will be distributed to CSOC as the fund's sole unitholder.

About Canso Select Opportunities Corp.

Canso Select Opportunities is an Ontario-based investment holding company. Canso Select Opportunities' investment objective is to provide long-term capital growth to its shareholders. With its core holding in Lysander Funds Ltd., together with a portfolio of public and private investments, Canso Select Opportunities aims to generate returns that exceed average market returns over the long term. Consistent with this objective, the corporation evaluates potential investments in public and private equity, debt, and other securities. The deployment of funds to new investments depends on both the attractiveness of new investment opportunities and the availability of capital generated from the realization of value or income from existing portfolio investments. The investment portfolio consists of public and private equity and debt investments primarily in North America. However, there is no geographic constraint on the investment portfolio.

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