 VANCOUVER, BC ACCESSWIRE October 5, 2021 Vicinity Motor Corp. NASDAQ:VEVTSXV:VMCFRA:6LGA Vicinity Motor or the Company, a leading supplier of electric, CNG, and clean diesel vehicles, announces that, further to its news release dated September 27, 2021, it has closed its non-brokered financing of unsecured debenture units each a Unit in the principal amount of CAD10,300,000 the Offering. The Company will use the proceeds for general working capital and to fund contract requirements for recently received Vicinity bus orders. 