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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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TIMIA Capital Completes Second Investment Into iCompass Technologies

Vancouver, B.C., September 19th, 2016 — TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX­V:TCA) is pleased to announce the continuance of its Revenue Finance investment program into high growth private software companies with a follow-on investment into iCompass Technologies Inc. (“iCompass”).

This additional investment of $250,000 brings the total amount of Revenue Financing advanced to iCompass to $1,000,000. In exchange for this follow-on financing, TIMIA will receive an increase to its current monthly royalty on revenue until a defined maximum amount has been reached.

iCompass Technologies Inc. is a privately held corporation located in Kamloops, British Columbia. The company is an industry leader in providing paperless meetings, records and citizen engagement solutions for small and medium sized local governments.

The Company’s cloud-based software is ideal for small and medium sized local governments as it constantly upgrades to suit the customers’ needs. Local governments save thousands annually as this software drastically reduces the amount of time it takes to create an agenda and execute an appropriate follow-up.

Revenue Financing is attractive to companies that are not yet qualified for traditional bank debt but do not want to suffer the dilution and control issues associated with equity issuances. Revenue growth and high gross margins are key attributes required by applicants in order for the successful application of Revenue Financing.

Mike Walkinshaw, CEO of TIMIA, said “We are excited to continue our support of the iCompass team. They have shown significant customer traction since the commencement of our formal investment relationship”. Mike added “We look forward to continuing our momentum with more exciting technology company financings through the remainder of the year and into 2017.”

For more information please contact:

Mike Walkinshaw
Chief Executive Officer
TIMIA Capital Corp.

info@timiacapital.com

604 398 8839

About TIMIA Capital Corp.

TIMIA Capital Corp. is a specialty finance company that provides revenue financing to technology companies in exchange for a royalty stream on revenue. The alternative financing option compliments both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing growing business-to-business software-as-a-service (SaaS) segment. TIMIA is run by a seasoned investment team with a track record of originating and managing debt and equity investments, as well as monitoring, compliance and workouts.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company disclaims any obligation to update the forward-looking statements except as required by law.

 

TIMIA Capital Becomes Lead Sponsor of SAAS NORTH — Canada’s Premier SAAS Event

Vancouver, B.C., September 15th, 2016 — TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX­V:TCA) is excited to announce its lead sponsorship role at the upcoming SAAS NORTH conference.

SAAS NORTH, taking place in Ottawa from Nov. 30 to Dec. 1, is Canada’s first event designed to connect top founders, investors and executives in the rapidly growing and increasingly essential software­as­a­service industry.

TIMIA, a specialty finance company helping build out Canada’s technology ecosystem through its innovative revenue finance model, was an early supporter of the launch of the event, founded by L­SPARK, Canada’s only SaaS Accelerator, and Cube Business Media Inc.

“SAAS NORTH is an opportunity to bring together the best and brightest in the sector,” says Greg Smith, Chief Investment Officer at TIMIA.

Smith said SAAS NORTH will build and strengthen Canada’s technology industry, and in turn help it better compete worldwide.

“Raising the game in Canada — while also making the SaaS ecosystem more globally competitive — will not only produce better companies, but also better investment opportunities and ultimately, better returns,” Smith said.

Cube Business Media says it’s seeing increased demand for technology events like SAAS NORTH, which offer actionable conversations with leading industry founders and investors.

“We’ve never seen such a positive a response for a first­year event,” says Mark Stephenson, President of Cube Business Media Inc., noting that early early­bird tickets are already sold out.

“In all my years of experience in the conference industry, this is the first event where tickets sold instantly upon registration going live. Canada is clearly excited about SAAS NORTH.”

The event has so far attracted top executives at companies such as SurveyMonkey, FreshBooks, Shopify, LEAGUE, and Vision Critical, as well as senior executives from Bessemer Venture Partners, HubSpot and Hootsuite.

L­SPARK, the event’s presenting sponsor, said SAAS NORTH is an opportunity for Canadian startups to showcase their technology, gain insights from industry peers, and attract investment to help them reach their next level of growth.

“SAAS NORTH promises to be the annual destination for Canada’s technology and investment community to meet with world class leaders in SaaS,” says L­ SPARK Executive Director Leo Lax.

“Together with finance leaders TIMIA Capital and event experts Cube Business Media, SAAS NORTH is now the must­attend technology event in Canada.”

TIMIA Capital, through its sponsorship of SAAS NORTH, is offering a 15­per­cent discount for delegates who register by Sept. 15. You can find details on TIMIA’s website: www.timiacapital.com/saasnorth.

Don’t miss this chance to save on your pass to Canada’s premier startup event.

For more information please contact:

Greg Smith
Chief Investment Officer TIMIA Capital Corp.

phone: (604) 398­8839
email: info@timiacapital.com

Meena Sandhu
Conference Director, SaaS NORTH 604.449.2284 ext 5 meena@cubebusinessmedia.com

TIMIA Capital Establishes Presence in Ontario as Seasoned Tech Veteran Andrew Abouchar Joins Management Team

Vancouver, B.C., September 14th, 2016 — TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX-V:TCA) is pleased to announce the establishment of operations in Ontario with Andrew Abouchar joining TIMIA Capital as Executive Vice President – Underwriting.

Abouchar’s role is to grow and expand TIMIA’s revenue financing business in Ontario and across Canada from his base in Waterloo, Ontario – an anchor to the Toronto-Waterloo innovation corridor.

“I am thrilled to be joining the experienced investment team at TIMIA Capital as it builds out Canada’s technology ecosystem through its innovative revenue finance model,” says Abouchar.

“TIMIA’s fresh approach to funding SaaS companies is not only a huge global market opportunity, but also provides unprecedented alignment of interest between entrepreneurs and investors.”

Abouchar has 20-plus years of experience in Canada’s venture capital and private equity industry. He is a cofounder and partner in Tech Capital Partners Inc (“Tech Capital”), a Waterloo-based venture capital management company known for raising one of the largest pools of early stage institutional venture capital in Canada, attracting investors such as Ontario Municipal Employees Retirement System and the Business Development Bank of Canada. Tech Capital successes include early investments in global companies like Ecobee, Sandvine Corporation (TSX:SVC), and Sidense Inc. Earlier in his career, Abouchar worked as an accountant at PwC.

“We are honoured to have a seasoned technology industry veteran like Andrew join our TIMIA Capital team,” says TIMIA Capital CEO Mike Walkinshaw. “Andrew’s experience, insight and knowledge of Canada’s tech sector will be invaluable as we continue to expand our revenue finance business, providing the potential for market leading returns for investors and flexible growth capital for entrepreneurs.”

For more information please contact:

Mike Walkinshaw
Chief Executive Officer
TIMIA Capital Corp.

info@timiacapital.com

604 398 8839

About TIMIA Capital Corp.

TIMIA Capital Corp. is a specialty finance company that provides revenue financing to technology companies in exchange for a royalty stream on revenue. The alternative financing option compliments both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing growing business-to-business software-as-a-service (SaaS) segment. TIMIA is run by a seasoned investment team with a track record of originating and managing debt and equity investments, as well as monitoring, compliance and workouts.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company disclaims any obligation to update the forward-looking statements except as required by law.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
TIMIA Capital Corp.
Mike Walkinshaw
Chief Executive Officer
604 398 8839
info@timiacapital.com
www.timiacapital.com

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