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"Lambda was looking for a flexible financial solution that would help us propel our SaaS business to the next level. TIMIA Capital's team provided a funding option that met our company's capital requirements. We look forward to continued growth within the Revenue Financing framework" Shevy Levy, CEO of Lambda Solutions

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News Releases

TIMIA Capital Announces Continued Growth in Second Quarter Results

(Vancouver, BC, July 18th, 2016) TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSX-V:TCA) announced continued growth in its financial results for the fiscal quarter ended May 31, 2016.

During the quarter ended May 31, 2016, the Company had revenues of $101,694 compared to $Nil in the same period in 2015. Revenues in the second quarter of 2016 were comprised of royalty and interest income generated under the Company’s new business model. The increased revenues were offset by higher expenses of $215,048 (2015 – $31,592), resulting in a net loss of $113,354 compared to a net loss of $31,592 for the same period last year.

The Company’s financial results are primarily due to the commencement of its Revenue Financing (“RBF”) business. Read More

TIMIA Contributes $1 Million Follow-On Investment Into QuickMobile Inc.

VANCOUVER, BRITISH COLUMBIA–(July 6, 2016) – TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX VENTURE:TCA) is pleased to announce that it has closed a follow-on $1 Million investment, as part of its $2 Million commitment to QuickMobile Inc. which was originally announced on November 2nd, 2015.

The first $1 Million tranche of the QuickMobile financing was completed on the date of the initial commitment.

In exchange for this follow-on financing, TIMIA will receive a monthly royalty on gross software license revenue until a defined maximum amount has been reached. This is in addition to the monthly royalty received on gross software license revenue under the first tranche of the investment. Read More

TIMIA Announces Oversubscribed Closing of $1M Debenture Offering

VANCOUVER, BRITISH COLUMBIA–(June 2, 2016) – TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX VENTURE:TCA) is pleased to announce that it has closed its previously announced $1 Million debenture offering (“Debentures”) with $1,119,300 in subscriptions.

TIMIA will use the proceeds to fund its program of Revenue Finance investments. TIMIA’s Revenue Finance solution provides financing to established recurring-revenue software companies in exchange for a royalty on sales. Read More

TIMIA Capital Announces First Quarter Results

VANCOUVER, BRITISH COLUMBIA–(May 2, 2016) – TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX VENTURE:TCA) announced financial results for the fiscal quarter ended February 29, 2016.

During the quarter ended February 29, 2016, the Company had revenues of $105,542 compared to $Nil in the same period in 2015. Revenues in the first quarter of 2016 were comprised of royalty and interest income generated under the Company’s new business model, as well as advisory income. The increased revenues were offset by higher expenses of $192,487 (2015 – $24,218), resulting in a net loss of $86,945 compared to a net loss of $23,562 for the same period last year. Read More

TIMIA Accelerates with its Fourth Revenue-Based Financing Investment

VANCOUVER, BRITISH COLUMBIA–(April 4, 2016) – TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX VENTURE:TCA) is pleased to announce that it has continued its exciting momentum into 2016 by closing its 4th Royalty-based Financing (“RBF”) investment.

iCompass Technologies Inc. (“iCompass”) has received a total financing of $1.25 Million, with $750,000 being closed in the first tranche. In exchange for this financing, TIMIA will receive a monthly royalty on total revenue until a defined maximum amount has been reached.

iCompass is a privately held corporation located in Kamloops, British Columbia and is an industry leader in providing paperless meetings, records and citizen engagement solutions for small and medium sized local governments. Their software solution helps local governments save significant costs by saving staff time in creating and managing agendas and follow-up actions. Read More

TIMIA Capital Announces Positive Net Income in Fiscal 2015

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 29, 2016) – TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX VENTURE:TCA) is pleased to announce that it has achieved positive net income in its fiscal 2015 year end results.

During the year ended November 30, 2015, the Company posted net income of $391,690 compared to a net loss of $156,633 for the same period last year. The Company earned $0.02 per share in the 2015 year vs. a loss of $0.01 per share in the 2014 year.

The Company’s improved financial results are primarily due to: (i) the commencement of its Revenue Based Financing (“RBF”) model, (ii) a net increase in the unrealized value of its equity investments, and (iii) the realization of proceeds from its equity investments. Read More

TIMIA Continues Momentum into 2016 by Closing Third Royalty Financing

VANCOUVER, BRITISH COLUMBIA–(Feb. 5, 2016) – TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX VENTURE:TCA) is pleased to announce that it has continued its exciting momentum into 2016 by closing its 3rd Royalty Financing into Predictable Revenue Inc.

The financing is for a total of $1 Million; $400,000 upon close and $600,000 in subsequent tranches at both parties’ option. In exchange for this financing, TIMIA will receive a monthly royalty on gross software license revenue until a defined maximum amount has been reached. Read More

dPoint Technologies Acquired by Zehnder Group AG

dPoint Technologies Inc. has been acquired by a Swiss radiator and ventilation system manufacturer Zehnder Group AG (SWX:ZEHN). Read More

TIMIA Capital Corp Announces Sale of Equity Position in dPoint Technologies

TIMIA Capital Corp.(TSX VENTURE:TCA) has announced the sale of its equity position in dPoint Technologies Inc. Read More

Vancouver cleantech company dPoint acquired by Swiss firm

Vancouver cleantech company dPoint Technologies Inc. has been acquired by a Swiss radiator and ventilation system manufacturer.

The acquisition by Zehnder Group AG has led to a $1 million exit by cleantech investment firm Timia Capital Corp (C:TCA) – formerly Green Angel Energy – that triples the original investment.

Formed in 2004, dPoint originally was in the hydrogen fuel cell space, making polymer heat and water transfer membranes that are used to heat and humidify hydrogen fuel cells.

As detailed in Business in Vancouver in 2013, the company decided to diversify when it became apparent the hydrogen fuel cell industry would take many years to develop – a pivot that resulted in 1,500% revenue growth over five years. Read More