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TIMIA Capital to Acquire Brightpath Capital for $30.5 Million
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Vancouver, BC, May 6, 2022--TIMIA Capital Corporation (TSXV: TCA ) (OTCQB: TIMCF) a leading innovator in specialty private credit, announced that it has entered into a non-binding letter of intent to acquire Brightpath Capital Corporation and Brightpath Residential Mortgage LP I, one of Canada's leading private providers of residential mortgages focused on Ontario and British Columbia, for a purchase price of approximately $30.5 million.
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TIMIA Announces Payout from Two Successful Investments and Exercise of Warrants
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Vancouver, BC, May 13, 2021--TIMIA Capital Corporation (TSX-V:TCA) announced that two previously reported non-dilutive financing facilities for two growing US-based software-as-a-service (SaaS) companies have been paid out. The exit of these two financings are expected to generate a combined gain of approximately $400,000 which will positively impact the Company's Q2 2021 consolidated results.
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TIMIA Capital Announces Successful Exit from FormHero Financing
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Vancouver, BC, October 6, 2020--TIMIA Capital (TSX-V:TCA/OTC: TIMCF) announced that its financing facility for FormHero Inc., of Toronto, Ontario has been paid out. Originally announced in October 2018, the FormHero facility has paid TIMIA $1.75 million, in a combination of return of principal and interest payments over the term of its facility.
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TIMIA Capital Provides Corporate Update
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Vancouver, BC, June 9, 2020--TIMIA Capital Corporation (TSXV: TCA)announced a corporate update on the performance of its portfolio of investments, and key priorities for 2020.
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