VANCOUVER, BC — TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSX-V:TCA) is pleased to announce a 2nd closing of its D Round Debenture Offering (the “Debentures”).

TIMIA closed $1,312,500 in Debentures from both new and existing Accredited Investors.

TIMIA will use these proceeds to expand its growing portfolio of revenue financing investments and expects to complete more revenue finance investments in the near term. Please see the Forward-Looking Information Disclosure below. The Company has completed eight revenue finance investments to date, having successfully exited one of those investments.

“We look forward to continuing to grow our portfolio and our monthly revenue, and passing a portion of it on to our investors in the form of interest” said Mike Walkinshaw, CEO of TIMIA.

The Debentures pay 12% annual interest and will be secured against the assets of the Company. They will mature on June 15, 2022 with an option for early redemption by the Company after December 15th, 2019. For investors who purchased $50,000 or more of Debentures, TIMIA will provide warrant coverage (the “Warrants”) on the common shares of the Company at the rate of 4,000 Warrants per $10,000 of Debenture. Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.25, with a term that matches the life of the Debentures.

The Debentures, the Warrants, and any common shares issuable upon exercise thereof, will be subject to a four-month hold period in accordance with applicable securities laws. The closing of this offering is subject to the approval of the TSX Venture Exchange.

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

For more information, please contact:
Mike Walkinshaw
Chief Executive Officer
TIMIA Capital Corporation
(604) 398-8839

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.