Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG

RE:RE:RE:RE:Updating the DFS

[ABDPhil]

The appointment of Mr. Jendry to the board of directors of AGG is a new parameter that I must consider in order to establish the probable scenarios. If the AGG buyout were to happen in September, Mr Jendry's departure would be almost inevitable. As I believe that negotiations between Robex and African Gold Group have probably already yielded conclusions, the appointment of Mr. Jendry would no longer make sense. Therefore, one new scenario now dominates over all the others.

In this new scenario, Mr. Jentry will remain in office. In my opinion, Robex could participate in the capital of AGG and become a controlling shareholder. Beyond this participation, a convertible debenture could be issued by a financial partner, which would complete the sum required for the construction of the plant. Thus, AGG would retain its status as an independent company, just like its status as an operator. Considering all the parameters, this scenario is so far the most probable. This scenario could still change… over time.

@Wolfofnoobst: I will answer all your questions with one answer. "These are just guesses, but the quality of those guesses is the result of countless hours of work." All opinions are the same, but nothing can replace the effort that goes into it. I try to convey an opinion that seems to me to be the fairest possible. You are right when you say that this is all arbitrary. The reality will eventually be communicated through the official channel and hopefully it will be in September.