Timbercreek closes US$28.75 million offering of Class A Shares

On February 25, 2010, Timbercreek Mortgage Investment Corporation (the "Fund") announced that it had completed its public offering of 2,875,000 Class A Shares of the Fund, including Class A Shares issued pursuant to the fully-exercised over-allotment option granted to the agents, for gross proceeds of $28,750,000. The Class A Shares were offered to the public by a syndicate of agents led by Raymond James Ltd., and including BMO Nesbitt Burns Inc., Macquarie Capital Markets Canada Ltd., Scotia Capital Inc., TD Securities Inc., Canaccord Financial Ltd., HSBC Securities (Canada) Inc., Burgeonvest Bick Securities Limited and M Partners Inc. The agents were advised by Fasken Martineau with a team led by John Sabetti (securities) and including Mitchell Thaw (tax), Dugan Edmison (real estate) and Tina Chun (securities).