TIMIA Announces $6.3 million in Subscription Agreements for Third Limited Partnership

~LP III is TIMIA’s first limited partnership to be available through FundSERV~

VANCOUVER, BC – March 8, 2022 – TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSX-V:TCA/OTCQB:TIMCF), a leading innovator of technology in private credit, today announced it has received approximately $6.3 million (US$5 million) in subscription agreements towards its third Limited Partnership (“LP III”).

LP III builds on the successful closing of the first limited partnership (“LP I”) in 2019 which raised $18.4 million and the second limited partnership (“LP II”) which raised $21.6 million. TIMIA will have approximately $6.3 million of new capital to invest in software-as-a-service (“SaaS”) companies in North America. LP III is denominated in US dollars, reflecting the intention to invest a majority of proceeds into US based recurring revenue technology companies with loan terms generally varying from 2 to 6 years.

“The world of private credit as an alternative asset class has largely been reserved for institutional investors,” said Mike Walkinshaw, CEO of TIMIA. “With our third limited partnership we have made investments in private credit available to accredited investors through approved dealers on FundSERV Inc. and directly through Belco Private Capital Inc. We have been very successful at deploying the capital of our previous two limited partnerships. The LP structure has allowed us to materially grow TIMIA’s technology lending division through investments in growing SaaS companies. We are able to provide growth capital to tech entrepreneurs while offering the opportunity for superior returns to accredited investors. Our technology lending experienced considerable growth in 2021 and we look to continue that trajectory throughout 2022.”

LP III Transaction Highlights:

• TIMIA Capital III Preferred Return Fund Trust is available directly through Belco Private Capital Inc. the exempt market dealer of the Trust, as well as IIROC and other approved dealers on FundSERV,
• Denominated in US dollars, the primary business of the Trust is to invest in units of LP III,
• Accretive to the Company with no dilution to the shareholders,
• TIMIA will receive a 1.5% servicing fee to manage LP III as its general partner,
• TIMIA will receive a performance fee based upon the profit of LP III for the life of the fund, subject to investors achieving their preferred return first, and
• Open to follow-on closes on a continuous basis to a maximum of $50 million.

TIMIA is continuously seeking new and exciting investment opportunities in the software as a service or SaaS industry. Under TIMIA’s revenue-based financing model, TIMIA advances capital to SaaS businesses with recurring revenue streams allowing the portfolio company to make monthly payments, which are a combination of principal and interest, to TIMIA with a repayment schedule sculpted to the portfolio company’s revenue streams. The amounts advanced are secured and may be repaid early. TIMIA expects to make further investments in the coming months, in the pursuit of its business model, which is to earn a combination of monthly payments and periodic gains on investments.

TIMIA Capital III Preferred Return Fund Mutual Fund Trust
FundSERV Codes

TIMIA has developed a proprietary, scalable, technology-driven fintech platform to originate investments and earn higher risk-adjusted returns. The Company is driving growth by identifying revenue producing SaaS growth companies for investment by TIMIA’s LP II through non-dilutive investment facilities.

The Company invites organizations seeking innovative and non-dilutive financing to register through TIMIA’s fintech platform. Under revenue-based and asset-based origination models, TIMIA matches non-dilutive capital to SaaS businesses with recurring revenue streams, allowing the company to make monthly payments, made up of a combination of principal and interest, with a repayment schedule sculpted to its revenue streams. The amounts advanced are secured and may be repaid early.

About TIMIA Capital Corporation

The Company utilizes a proprietary loan origination platform to originate, underwrite and service private-market, high-yield loan opportunities through two operating divisions: TIMIA Capital which offers revenue-based investment to fast growing, business-to-business Software-as-a-Service (or SaaS) businesses in North America, and Pivot Financial which specializes in asset-based private credit targeting mid-market borrowers in Canada. The Corporation deploys funds on behalf of limited partnerships, institutions, retail investors, high net worth individuals, its management team and shareholders. For more information about TIMIA and SaaS lending, please visit www.timiacapital.com. For more information about specialized private credit and Pivot please visit: www.pivotfinancial.com

For more information, please contact:
Tim McNulty / Darren Seed
Incite Capital Markets
(604) 398-8839
IR@timiacapital.com
Mike Walkinshaw, CEO
TIMIA Capital Corporation

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.

Forward-Looking Information
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements normally contain words like ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’ and similar expressions, and within this news release include any statements (express or implied) respecting the expected closing date and size thereof, expectations as to future closings and further increases in investable capital, the belief as to the future value creation for shareholders, the terms of LP III including expected service and performance fees, the expected benefits to shareholders of raising non-dilutive capital and expectations regarding making further investments in the coming months.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the following assumptions: that the Company and its investee companies are able to meet their respective future objectives and priorities, assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company. Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Timia’s business. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, the Company having insufficient financial resources to achieve its objectives; availability of further investments that are appropriate for the Company on terms that it finds acceptable or at all; successful completion of exits from investments on terms that constitute a gain when no such exits are currently anticipated; intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations and risk of litigation. Although Timia has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Timia. Accordingly, readers should not place undue reliance on forward-looking statements. Timia undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.