CORRECTING and REPLACING Acasta Enterprises Inc. Provides Notice of Release of Second Quarter 2017 Results and Conference Call

TORONTO–(BUSINESS WIRE)–First paragraph, first sentence of release dated July 14, 2017 should
read: after normal trading hours.

The corrected release reads: 

Acasta Enterprises Inc. Provides Notice of Release of Second Quarter
2017 Results and Conference Call

Acasta Enterprises Inc. (TSX: AEF.B and AEF.WT) (“Acasta” or the
“Company”) is pleased to announce that it will release its second
quarter 2017 results on Thursday, August 10, 2017, after normal trading
hours.

Second Quarter 2017 Results Conference Call:
Acasta’s senior
management will host a conference call on Friday, August 11, 2017 at
9:00 AM (E.D.T.) to discuss the Company’s financial and operating
results. Please dial 1-416-340-2217 or toll-free (Canada/US)
1-800-806-5484 with passcode 8155967#. To ensure your participation,
please join approximately five minutes prior to the scheduled start of
the conference call.

Replay archive:
The conference call will be archived on the
Company’s website at www.acastaenterprises.com
and will be available for replay at 1-905-694-9451 or toll-free
1-800-408-3053 with passcode 7346316#, expiring on February 11, 2018.

About Acasta Enterprises Inc.:
Acasta Enterprises Inc. is a
leading Canadian public company that acquires businesses with
exceptional potential for value creation through strategic and
transformational initiatives. As a proactive private equity manager,
Acasta partners with the senior management teams of its acquired
businesses, empowering them to pursue value creating trajectories.

Contacts

Acasta Enterprises Inc.
Ian Kidson, (647) 725-6707
Chief
Financial Officer and Chief Operating Officer