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Terra Firma Capital Corporation Announces Renewal of Normal Course Issuer Bid

November 26, 2018 By Globenewswire Tagged With: TSX-V:TII

TORONTO, Nov. 26, 2018 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, announced today approval by the TSX Venture Exchange (the “TSX-V”) of the Company’s renewal of its Normal Course Issuer Bid (“NCIB”) which terminated on November 6, 2018 (the “Prior NCIB”), the date on which the Corporation had purchased the maximum of 4,255,765 common shares permitted to be acquired pursuant to the Prior NCIB. Pursuant to the renewed NCIB, the Company proposes to purchase through the facilities of the TSX-V (or by other means as may be permitted by the TSX-V), from time to time over the next 12 months, if considered advisable, up to an aggregate of 4,186,319 common shares, being approximately 10% of the Company’s public float (as such term is defined under the TSX-V Corporate Finance Manual). The Company may not purchase more than 2% of the issued and outstanding common shares during any 30 day period, which as of the date of this announcement represents 1,196,649 common shares.

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