CCI Corpfin Capital Special Opportunity Fund 1 LP Closes a Subsequent Seed Capital Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Ontario, December 15, 2020 – Gordon Wiebe, CEO of CCI Corpfin Capital Inc., is pleased to announce the closing of a subsequent seed capital offering raising gross proceeds of $300,000 in connection with its seed capital funding (the “Subsequent Offering”) for its recently launched CCI Corpfin Capital Special Opportunity Fund 1 LP (the “Fund”).  Together with its initial offering (the “Initial Offering”), the Fund has raised gross proceeds of $2,350,000.  The Fund will specifically target investments in commercial real estate assets and debt instruments across Canada.  The Fund will have opportunities to invest with selected co-venture partners as well as 100% ownership of the acquired assets.

CCI Corpfin Capital Inc. is the asset manager of the Fund.  Using CCI Corpfin Capital Inc.’s expertise, proceeds of the Initial Offering along with the Subsequent Offering and any additional seed capital offering will be used to seek investments relating to distressed equity and debt interests arising out of the impact the COVID-19 pandemic has had on real estate in Canada.

Investments will be made in income producing properties with emphasis on value and income distribution growth.  It is the intention of the Fund to provide quarterly distributions to investors depending on asset type and on requirements of the co-venture partners when applicable, and subject to available funds.

For more information on the Fund or other CCI Corpfin Capital Inc. projects, please contact:

Gord Wiebe,

CEO, CCI Corpfin Capital Inc.

gwiebe@corpfincapital.ca

(403) 923-4343

For those interested in providing Acquisition Opportunities for this Fund please contact by region of product as follows:

Julie Nixon,

VP of Business Development Eastern Canada and Asset Services, CCI Corpfin Capital Inc.

jnixon@corpfincapital.ca

(416) 671-1185

-or-

Blair Sinclair,

VP of Business Development Western Canada, CCI Corpfin Capital Inc.

blairscitadel@gmail.com

(403) 540-0114

About CCI Corpfin Capital Inc.

CCI Corpfin Capital Inc. was created as a real asset management company which controls and manages its own private equity funds while venture partnering with some of Canada’s largest institutional pension funds and private equity funds in value-add real estate opportunities across Canada in both major and secondary markets.  Founded in 2016, the company has acquired significant office and retail redevelopments in Ontario and Winnipeg which required over $40 million in redevelopment capital to complete.  The company’s ownership and management ensures its own equity is put into every deal with “skin in the game” to align interests on returns and results with its partners.  CCI Corpfin Capital is sought after by various funds for its redevelopment expertise and is actively acquiring more properties across Canada.  For more information, visit www.corpfincapital.ca.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities legislation, which reflect CCI Corpfin Capital Inc.’s current expectations regarding future events, including but not limited to, the intended use of proceeds of the Initial Offering, subsequent offerings, and distributions to limited partners. Forward-looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. Forward-looking statements reflect current estimates, beliefs and assumptions, which are based on CCI Corpfin Capital Inc.’s perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  CCI Corpfin Capital Inc.’s estimates, beliefs and assumptions are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. CCI Corpfin Capital Inc. can give no assurance that such estimates, beliefs and assumptions will prove to be correct.

Numerous risks and uncertainties could cause the Fund’s actual results to differ materially from the estimates, beliefs and assumptions expressed or implied in those forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect CCI Corpfin Capital Inc.’s expectations regarding the Fund only as of the date of this press release.CCI Corpfin Capital Inc. and the Fund disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.