Redwood Opens the NEO Exchange

TORONTO–(BUSINESS WIRE)–Redwood Asset Management (“Redwood”), a wholly owned subsidiary of
Purpose Investments Inc. (“Purpose”), including Redwood President, Peter
Shippen, and Som Seif, founder and Chief Executive Officer, Purpose,
joined Jos Schmitt, President and Chief Executive Officer, Aequitas
NEO Exchange Inc.
(“NEO Exchange” or “NEO”), to open the market in
celebration of the launch of two new ETFs, consisting of three ETF
listings on NEO. These are the first Redwood ETFs to be launched on the
public markets, and will provide investors with a suite of ETF solutions
managed by best-in-class specialist investment boutiques. Redwood
becomes the fourth ETF issuer to list securities on NEO. The actively
managed Redwood ETF listings that began trading on NEO on March 15,
2017, are Redwood Floating Rate Preferred Fund (RPS)
and Redwood U.S. Preferred Share Fund (RPU,

About NEO Exchange
Aequitas NEO Exchange Inc. is a new
Canadian stock exchange using a bold new blueprint that puts investors,
businesses looking to raise capital and dealers first. Launched in March
2015, the NEO Exchange currently offers an innovative trading venue and
a value added listing venue for capital raising companies and investment
products. The NEO Exchange is a wholly owned subsidiary of Aequitas
Innovations Inc., a company founded by a diverse group of prominent
investors representative of all Canadian capital market stakeholders.
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Media Contact:
Adam Bornstein, 905.505.2540