TIMIA Capital Retains Market Making Services of Trapeze Capital
Vancouver, British Columbia (FSCwire) - TIMIA Capital Corp. (“TIMIA” or the “Company”) (TSX-V:TCA) is pleased to announce the retention of Trapeze Capital Corp. of Toronto, Canada to provide market-making services in accordance with TSX-V policies.
Under the terms of their agreement (the "Agreement"), Trapeze will receive cash compensation of $5,500 per month and will not receive any Common Shares or options of TIMIA as compensation. Trapeze does not currently own any securities of TIMIA, however, Trapeze and its clients may acquire a direct interest in the securities of TIMIA. TIMIA and Trapeze are unrelated and unaffiliated entities. Trapeze is a member of the Investment Industry Regulatory Organization of Canada, a participating organization of TSX and a member of TSX-V. The capital and securities required for any trade undertaken by Trapeze as principal will be provided by Trapeze. The Agreement is for an initial term of 180 days, with automatic renewal terms unless terminated.
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 www.timiacapital.com
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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Timia01092018.pdf
Source: TIMIA Capital Corp. (TSX Venture:TCA)
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