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*Terra Firma Capital Corporation 
Listed Company 

TERRA FIRMA CAPITAL CORPORATION ("TII")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: October 31, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated October 31, 2016, it may repurchase for cancellation up to 1,907,413 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange during the period November 4, 2016 to November 3, 2017. Purchases pursuant to the bid will be made by Cormark Securities Inc. on behalf of the Company.
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