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VANCOUVER, BC, Sep. 1, 2020 (Canada NewsWire via COMTEX) —
~Surefire and Vancouver-based software company utilize TIMIA’s finance solution to support the expansion of their respective technology platforms~
TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSXV: TCA) (OTCQB: TIMCF) today announces that it has entered into two investment facilities for an aggregate value of approximately $4.9 million. The first investment facility is in the amount of approximately $3.9 million (US$3 million) made to Surefire Local, a Virginia based marketing technology company, the #1 local marketing platform for small business. The financing facility includes an initial disbursement of approximately $3.3 million (US$2.5 million), which has been advanced, and an additional $0.65 million (US$0.5 million) to be disbursed upon certain milestones being met over the term of the agreement.
The second investment facility of $1 million has been extended