ECONOMIC INVESTMENT TRUST LIMITED ANNOUNCES OSC RELIEF IN SUBSTANTIAL ISSUER BID

TORONTO, Sept. 22, 2022 /CNW/ - Economic Investment Trust Limited (TSX: EVT) (the "Company") announced today that the Ontario Securities Commission (the "OSC") has granted an exemptive relief order (the "Relief Order") exempting the Company from complying with the requirement that the Company first takes up all the common shares (the "Shares") deposited under its currently underway substantial issuer bid (the "Offer") before extending the expiration date of the Offer, if the Company ultimately determines to extend the Offer in the circumstance where the Offer is undersubscribed.