9 Capital Enters Definitive Agreement with Churchill Diamond to Complete Qualifying Transaction

TORONTO, Feb. 01, 2021 (GLOBE NEWSWIRE) — Further to its news release dated December 23, 2020, 9 Capital Corp. (the
“Company”) and Churchill Diamond Corporation (“Churchill”) are pleased to announce that they have entered into a definitive
business combination agreement which outlines the terms and conditions pursuant to which the parties will complete the
proposed business combination (the “Proposed Transaction”).

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