Tryggvi Capital Corp.00072990
System for Electronic Document Analysis and Retrieval Plus
SEDAR+
Tryggvi Capital Corp.
Material Change Report
Form 51-102F3
— This document has been filed on SEDAR+ —
Material Change ReportPage 1 of 2
Tryggvi Capital Corp.
Registered office: Suite 1820, 1055 W. Georgia St., Vancouver, BC V6E 3P3.
June 24, 2026.
Disseminated via Newsfile Corp. on June 24, 2026 and filed on SEDAR+.
Tryggvi has entered into a non-binding letter of intent in respect of a proposed qualifying transaction with Slocan Ridge Holdings Inc., previously the subject of a terminated transaction with Halcyon Capital.
On June 24, 2026, Tryggvi Capital Corp. (the "Company") entered into a non-binding letter of intent with Slocan Ridge Holdings Inc. in respect of a proposed transaction that, if completed, would constitute the Company's Qualifying Transaction under CSE Policy 2A.
Slocan Ridge Holdings was previously the subject of a qualifying transaction with Halcyon Capital Acquisition Corp. that was terminated on June 2, 2026. Slocan Ridge Holdings shares directors and a registered office with Northpeak Lithium Corp. and Halcyon Capital Acquisition Corp.
The proposed consideration is the issuance of common shares of the Company at a deemed price of $0.15 per share. Completion is subject to negotiation of a definitive agreement, sponsor and stock exchange approvals, majority-of-minority shareholder approval and satisfactory due diligence.
Not applicable.
No material information has been omitted.