CCI Corpfin Capital Special Opportunity Fund Closing First Tranche

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

TORONTO, Ontario, October 29, 2020 – Gordon Wiebe, CEO of CCI Corpfin Capital Inc., is pleased to announce the closing of the first tranche of the up to $10,000,000 seed capital funding round (the “Initial Offering”) for its newly launched CCI Corpfin Capital Special Opportunity Fund 1 LP (the “Fund”).  This 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 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.

Subsequent offerings will be open to existing limited partners of the Initial Offering and to institutional investors (pension funds, publicly traded companies, private equity funds and other large institutional capital groups) to continue with larger investments as the Fund continues its growth.  Such offerings will be of limited partnership units of the CCI Corpfin Capital Special Opportunity Fund 1 LP for gross proceeds of a minimum of $10,000,000 to an aggregate maximum of $200,000,000 with a purchase price of no less than $25,000 per limited partnership unit.  Such subsequent offerings will be available in multiple tranches and closings until October 23, 2023.

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.

“We look forward to working with lenders, special servicers and the brokerage community to help acquire the appropriate assets,” said Gordon Wiebe, CEO of CCI Corpfin Capital Inc.  “This should start occurring over the next number of months as we exit out of the immediate effects of the COVID-19 pandemic and see where select opportunities may exist as the effects of the pandemic become more apparent on various prospects.”

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.

bsinclair@corpfincapital.ca

(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.