Inscape Corporation announced that the Company has now closed and completed the agreement dated November 8, 2021 (the Effective Date) for the sale and leaseback (the Proposed Transaction) of the Holland Landing Facility at 67 Toll Road, East Gwillimbury, Ontario (the Property) to a third-party purchaser (the Purchaser). The purchase price was CAD 32,750,000. On Closing, the parties entered into a lease (the Lease) whereby the Company has leased back the Property from the Purchaser for a term of ten (10) years, with two (2) extension options of five (5) years each, substantially on terms and conditions agreed to by the parties.