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*Terra Firma Capital Corporation 
Listed Company 

TERRA FIRMA CAPITAL CORPORATION ("TII")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 21, 2014
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 4, 2014:

Number of Shares: 1,000,000 shares

Purchase Price: $0.63 per share

Number of Placees: 1 placee

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares
Glenn Watchorn Y 1,000,000

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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