Mill City Ventures III, Ltd. provides 2nd Quarter Fiscal 2022 Guidance Revenue Increased 83%

Mill City Ventures III, Ltd. provides 2nd Quarter Fiscal 2022 Guidance Revenue Increased 83% ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Mill City Ventures III, Ltd. provides 2nd Quarter Fiscal 2022 Guidance Revenue Increased 83% year over year and 83% for 6-month period MINNEAPOLIS, MN, Aug. 10, 2022 – Mill City Ventures III, Ltd. (NASDAQ: MCVT), a leading non-bank lender and specialty finance company is pleased to provide guidance for the second quarter of the 2022 fiscal year. For the second quarter ending June 30, 2022, the company expects revenue to exceed approximately $1.2M, an estimated 83% year-over-year increase compared to approximately $675,000 for second quarter of fiscal 2021. Six-month revenue is expected to exceed approximately $2.2M compared to approximately $1.2M for the same period of fiscal 2021, also representing an 83% increase. Commenting on the guidance, Chief Executive Douglas M. Polinsky said, “The demand for loans from our borrowers has been vibrant and we continue to work diligently for the benefit of our borrowers and stockholders.” About Mill City Ventures III, Ltd. Mill City Ventures III, Ltd., is a short-term non-bank lending and specialty finance company. Contact: Joseph A. Geraci, CFO 952-479-1920 Learn More about Mill City Ventures III, Ltd. by gaining access to the latest research report [DOWNLOAD REPORT]( This website (this “Site”) is operated by TraDigital Marketing Group, Inc., (“TMG”). TMG is a corporate communications and digital investor relations firm. The content published on this website may be considered “paid advertising” under Section 17(b) of the Securities Act of 1933, as amended (together with the rules and regulations thereunder, the “Securities Act”). All users of this website should assume that TMG has been remunerated by its clients for distributing content related to its client’s securities. For more information in terms of compensation received for services provided by TMG, see the pertinent content or materials relating to the respective client. By accessing this Site and any pages thereof, you agree to be bound by the Terms of Use and [Privacy Policy.]( TMG is not a registered or licensed broker, dealer, broker-dealer, investment adviser nor investment manager, nor does TMG engage in any activities that would require such registrations. TMG does not provide investment advice, endorsement, analysis or recommendations with respect to any securities, and its services to or statements about its clients should never be construed as any endorsement of or opinion about any security of any client. No information contained on this Site constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other similar product or service regardless of whether such security, product, or service is referenced on this Site. Further, nothing on this Site is intended to provide tax, legal, or investment advice and nothing on this Site should be construed as a recommendation to buy, sell or hold any investment or security or to engage in any investment strategy or transaction. When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to TMG’s clients, are intended to identify forward-looking statements. These forward-looking statements do not reflect TMG’s views or opinions with respect to future events and are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. TMG does not verify information provided by clients to TMG. No representation or warranty, express or implied, is made as to the accuracy or completeness of any information contained herein. TMG expressly disclaims any and all liability based, in whole or in part, on such information, any errors therein or omissions therefrom. Additional information about the companies represented on the Site may be found on the websites of the respective companies or, in certain instances, by searching the EDGAR database. No longer want to receive these emails? [Unsubscribe](. TradigitalIR 12 E 49th Street, 11th Fl. New York, NY 10017 ‌