Nov. 21, 2019 (GLOBE NEWSWIRE) — On November 21, 2019, Fax Investments Inc. (FII), subscribed for 26,671,110 multiple voting shares (Multiple Voting Shares) in the capital of FAX Capital Corp. (FAX), on a private placement basis, pursuant to a subscription agreement with FAX at a price of $4.50 per Multiple Voting Share (for proceeds of approximately $120,019,995) (the Private Placement). The Private Placement is described in the FAX prospectus dated October 18, 2019 (the Prospectus).