Aleksandar

CALGARY, March 22, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced its financial results for the fourth quarter and year ended December 31, 2016. Crown’s complete financial statements and management’s discussion and analysis for the three and twelve month periods ended December 31, 2016 and its 2016 annual information form are available on SEDAR at www.sedar.com.

 2016 Financial & Operating Highlights

• Revenue of $18.4 million (2015 – $8.2 million), including interest revenue of $11.5 million, fees and other income of $3.8 million, net realized gain on sale of investments of $1.7 million and net change in unrealized gains in fair value of investments of $1.4 million;
• Adjusted EBIT¹ of $9.0 million (2015 – $4.0 million);
• Net income, net of non-controlling interests, of $5.1 million (2015 – $2.0 million), or $0.54 per common share (basic) (2015 – $0.43);
• Crown Capital Fund IV, LP (“Crown IV LP”), an investment fund managed by Crown in which Crown now holds a 35% interest, deployed $75 million in 2016 through four transactions;
• Total equity per common share (basic) of $10.67 at December 31, 2016;
• Total assets of $182.4 million at December 31, 2016, up from $130.1 million at December 31, 2015;
• Cash and cash equivalents of $19.3 million, compared with $43.6 million at December 31, 2015, reflecting new investment activity in 2016; and
• Dividends paid in 2016 totaled $0.44 per share.

Fourth Quarter 2016 Financial & Operating Highlights

• Revenue of $5.4 million (2015 – $5.8 million), including interest revenue of $3.6 million, fees and other income of $2.2 million, and net change in unrealized gains in fair value of investments of ($0.4) million;
• Net income, net of non-controlling interests, of $0.9 million (2015 – $1.7 million), or $0.09 per common share (basic) (2015 – $0.18);
• Adjusted EBIT¹ of $1.8 million (2015 – $3.0 million);
• On December 2, 2016, paid a quarterly dividend of $0.11 per common share;
• On December 30, 2016, completed a $35.0 million senior secured revolving credit facility with Alberta Treasury Branches and Business Development Bank of Canada to fund investments in mid-market companies; and
• Crown IV LP deployed $60 million in Q4 2016 through three transactions:
  • $15 million term loan to Touchstone Exploration (TSX:TXP);
  • $30 million term loan to Medicure Inc. (TSXV:MPH); and
  • $15 million investment senior secured first lien notes from Source Energy Services.

“It was an eventful and successful year for Crown, in which we completed four special situations loans, added more partner capital to Crown IV LP, and established a new credit facility that gives us additional capital and flexibility in building the portfolio,” said Chris Johnson, President and CEO of Crown. “Putting more capital to work late in the year enabled us to implement our first dividend increase on March 2, 2017 with payment of a quarterly dividend of $0.12 per share. When combined with our strong transaction pipeline, the business is well-positioned to deliver growing revenue, cash flow and return on equity in 2017. With the $50 million upsizing recently completed in Crown IV LP and the new credit facility, we have ample resources to capitalize on the demand we continue to see in the mid-market for our financing solutions.”

Conference Call & Webcast

Crown will host a conference call to discuss its Q4 & full-year 2016 financial results at 8:30 a.m. EDT on March 22, 2017. The call will be hosted by Chris Johnson, President & CEO, and Lyle Bolen, CFO. To participate in the call, dial 647-427-7450 or 1-888-231-8191 using the conference ID 80268517. The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/2lZQqQs. Listeners should access the webcast or call 10-15 minutes before the start time to ensure they are connected.

ABOUT CROWN

Crown (TSX: CRWN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the alternative financial market and the general economy, transaction pipeline, Crown’s business plans and strategy, including anticipated capital deployments and the timing thereof, and Crown’s future cash flow and shareholder value. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, March 8, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the appointment of Michael Overvelde, CPA, CA, CFA, to the position of Senior Vice President, Finance. Mr. Overvelde has more than 25 years of experience in capital markets and accounting.

Mr. Overvelde was most recently Vice President, Equity Research Analyst at Raymond James covering the Canadian Diversified Financials sector. His equity research experience also includes roles at TD Securities and UBS Securities Canada, covering companies in banking, insurance, and industrials. Mr. Overvelde previously spent approximately 10 years in senior institutional equity sales positions at National Bank Financial and UBS Securities Canada. Prior to entering the capital markets, he spent more than five years at Ernst & Young as Audit Manager working mainly on the financial services and diversified industries teams. Mr. Overvelde obtained his Bachelor of Commerce degree before becoming a Chartered Professional Accountant. He also earned his Chartered Financial Analyst designation.

“We welcome Michael to the Crown team,” said Chris Johnson, President and CEO of Crown. “We believe his background makes him a great fit for our organization, given our many connections to the capital markets. Michael has more than 20 years of experience in the Canadian capital markets, including strong relationships in the investment community, and has spent the majority of his career focused on financial services. He will work closely with our CFO Lyle Bolen to transition responsibilities in the coming months as Lyle prepares for retirement.”

ABOUT CROWN

Crown is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the growth of the alternative financial market. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See the AIF for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, March 1, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that, effective Friday, March 3, 2017, its trading symbol on the Toronto Stock Exchange will change from “CRN” to “CRWN”. No action is required to be taken by current shareholders in connection with the change, and no change has been made to Crown’s share capital.

Q4 2016 CONFERENCE CALL
Crown also announced it will host a conference call to discuss its 2016 fourth quarter financial results on March 22, 2017 at 8:30 a.m. EST.  The call will be hosted by Chris Johnson, President and Chief Executive Officer, and Lyle Bolen, Chief Financial Officer.  The Company will issue its financial results on the morning of March 22, 2017.

DATE:  Wednesday, March 22, 2017

TIME:  8:30 a.m. EST

DIAL IN NUMBER:  (647) 427-7450 or (888) 231-8191

CONFERENCE ID:  80268517
REPLAY:  (416) 849-0833 or (855) 859-2056

Available until midnight (EST) March 29, 2017

WEBCAST:  The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/2lZQqQs

ABOUT CROWN
Crown is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

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CALGARY, February 28, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the repayment by Corrosion Service Company Limited (“Corrosion”) of a special situations loan managed by Crown.

Established in 1950, Corrosion is the second-largest corrosion engineering firm in Canada focused mainly on corrosion mitigation for the midstream energy industry. Crown arranged a $4.0 million, five-year loan to Corrosion in April 2015 to support a management buyout. Corrosion has prepaid this loan in full, including principal, interest and fees.

“Corrosion has been an ideal client and performed well over the term of the relationship,” said Chris Johnson, President and CEO of Crown. “We were proud to be part of this chapter for Corrosion and wish them continued success.”

“Crown was an excellent capital provider for Corrosion,” said Dean Rookes, President of Corrosion. “They really understood our company and its specific requirements and were supportive partners in our business, allowing us to execute on our plans without diluting capital.”

The Corrosion loan was held by special situations funds managed by Crown in which Crown holds an ownership interest of approximately 54%. Crown has no further participation in Corrosion and the realized IRR on the loan was approximately 25%.

ABOUT CROWN

Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the alternative financial market and the general economy, transaction pipeline, Crown’s business plans and strategy, including anticipated capital deployments, and Crown’s future cash flow and shareholder value. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See the AIF for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, February 2, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.12 per common share, payable on March 2, 2017 to all shareholders of record as of the close of business on February 14, 2017. This dividend represents a 9% increase over Crown’s previous quarterly dividend of $0.11 per share.

“The increased dividend reflects our success in building the portfolio over the past several quarters,” said Chris Johnson, President and CEO of Crown. “As we continue to execute on our growth plan, we expect to generate increasing earnings and cash flow and plan further dividend increases as the business develops.”

This dividend is designated by the Company to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax advisors.

ABOUT CROWN

Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the alternative financial market and the general economy, transaction pipeline, Crown’s business plans and strategy, including anticipated capital deployments, and Crown’s future cash flow and shareholder value. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See the AIF for a detailed discussion of the risk factors affecting Crown. In addition, Crown’s dividend policy will be reviewed from time to time in the context of the Corporation’s earnings, financial requirements for its operations, and other relevant factors and the declaration of a dividend will always be at the discretion of the board of directors of the Corporation. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, January 18, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced it has completed a $50 million closing for Crown Capital Fund IV, LP. (“Crown IV LP” or the “Fund”), bringing the current total capital committed to the Fund to $175 million. To date, $110 million has been invested by the Fund in six transactions.

“This upsizing deepens our relationships with our institutional limited partners and is a clear testament to the quality of our growing portfolio,” said Chris Johnson, Crown’s President & CEO. “We continue to deliver on our key milestones. We have completed three transactions since November 2016, adding $60 million of new investments into Crown IV LP. With this additional capital and our recently-completed $35 million credit facility, we have significantly increased Crown’s funding capacity, which we will use to capitalize on the demand for customized financing solutions in Canada’s middle market.”

Crown IV LP invests in Special Situations Financing transactions originated and managed by Crown. These consist of senior and subordinated loans with terms ranging from six months to five years, and are structured to limit ownership dilution and provide the borrower client with the ability to focus on growing their business. Crown IV LP has a maximum size of $300 million, with additional closings expected up until September 2018 as financing opportunities are identified. Crown, through its wholly-owned subsidiary Crown Capital Funding Corporation, increased its capital commitment to the Fund by $11.25 million to $61.25 million.  Crown’s increased commitment to CCF IV LP will be funded, in part, by its recently-completed $35 million credit facility.  After this closing, Crown holds a 35% interest in the Fund.

ABOUT CROWN

Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the future growth of the portfolio and market demand for Crown’s solutions. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent Annual Information Form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, December 30, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that it has entered an agreement for a $35.0 million senior secured revolving credit facility (“Credit Facility”) with Alberta Treasury Branches (“ATB”) and Business Development Bank of Canada (“BDC”). Crown will use the Credit Facility to fund investments in mid-market companies.

“This new facility diversifies our sources of funding and increases our capacity to continue to build the portfolio while also enhancing returns for Crown’s shareholders,” said Chris Johnson, Crown’s President & CEO. “We value the support of ATB and BDC and look forward to working with them as we execute on our business plan. We continue to see strong demand for our financing solutions.”

The Credit Facility provides financing at a variable interest rate based on the Bankers Acceptance rate plus 375bps to 425bps and has a customary set of covenants. The Credit Facility matures in three years and is subject to extension annually.

ABOUT CROWN

Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the future growth of the portfolio, ability to generate returns for Crown shareholders, and market demand for Crown’s solutions. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent Annual Information Form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, Dec. 2, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that Crown Capital Fund IV, LP (“Crown IV LP”), an investment fund managed by Crown in which Crown holds a 40% interest, has invested $15 million in a $130 million offering of senior secured first lien notes (the “Notes”) from Source Energy Services Canada LP and Source Energy Services Canada Holdings Ltd., (“Source”).

Headquartered in Calgary, Source is a leading, vertically integrated provider of Northern White frac sand and logistical services to oil and natural gas producers focused in the Western Canadian Sedimentary Basin. The company’s operations include a frac sand mine in Wisconsin, seven transload terminals in Canada, and one transload terminal in the United States. Source’s operation is connected to the Canadian National Railway, offering access to customers operating in key areas located in Western Canada and North Dakota. Source currently supplies approximately 50% of the proppant market in Western Canada.

“Source’s high-quality products and superior logistics offerings have enabled the company to become a leading supplier of frac sand to key oil and gas producers in Western Canada,” said Chris Johnson, Crown’s President & CEO. “As exploration & production companies in North America work to enhance recoveries, increasing horizontal drilling activity and proppant intensity is driving demand for frac sand. With its high-quality reserves, state of the art facilities, and track record of growth and execution, Source is very well positioned for future growth.”

The Notes bear interest at an annual rate of 10.5%, payable semi-annually, and mature on December 15, 2021. The Notes also provide the holders the right to participate in the equity of Source.

ABOUT CROWN

Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the future growth and performance of Source. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent Annual Information Form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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CALGARY, November 18, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the closing of a $60.0 million term loan (the “Agreement”) with Medicure Inc. (“Medicure”) (TSXV: MPH), a specialty pharmaceutical company focused on the development and commercialization of cardiac therapeutics for the U.S. hospital market.

Headquartered in Winnipeg, Medicure’s lead product is Aggrastat^®, which is marketed in the U.S. for non-ST elevation acute coronary syndrome. Medicure reports that sales of Aggrastat have been growing rapidly over the past several years, and the product now accounts for approximately 40% of the patient share of the market for this class of drugs in the U.S., compared with only 3% share in 2012. Medicure’s revenue and EBITDA has grown significantly as the company’s market share has increased.

Medicure also owns a minority interest in Apicore US, a fast-growing Active Pharmaceutical Ingredient manufacturing service provider and developer of generic products for pharmaceutical companies. Medicure will use the proceeds of the term loan to purchase an additional 60% of the outstanding shares of Apicore.

“Medicure is a well-managed, profitable and growing company that has demonstrated consistent revenue and EBITDA growth over the past several years,” said Chris Johnson, Crown’s President & CEO. “Building off this strong base business, they are acquiring a controlling interest in a highly attractive business, and we’re pleased to support them in executing this major transaction.”

The Agreement provides for a $60.0 million term loan to Medicure, of which Crown Capital Fund IV, LP (“Crown IV LP”), an investment fund managed by Crown in which Crown holds a 40% interest, will advance $30 million. On closing of the Agreement, Crown syndicated $30.0 million of the loan to Ontario Pension Board (“OPB”), a limited partner in Crown’s funds.

Mr. Johnson added: “We are delighted with OPB’s participation in this transaction. They have been a supportive limited partner for many years and their co-investment in Medicure demonstrates the strength of our limited partner relationships.”

The term loan bears a fixed interest rate of 9.5% per annum, compounded and payable monthly, and matures in 48 months. In addition, the Agreement includes warrants to acquire 450,000 common shares of Medicure for each of Crown and OPB, exercisable at $6.50 per share.

“Medicure has a long-standing relationship with Apicore and we are excited to increase our ownership,” stated Dr. Albert Friesen, President, CEO and Chairman of Medicure. “The Crown team has been a valuable contributor in the acquisition of Apicore and we look forward to working with them as we continue to grow our business.”

ABOUT CROWN

Crown (TSX: CRN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown also manages capital pools, including some in which Crown has a direct ownership interest. Crown originates, structures and provides tailored special situation and long-term financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.

ABOUT ONTARIO PENSION BOARD

Ontario Pension Board administers Ontario’s Public Service Pension Plan, a defined benefit pension plan serving more than 42,000 members and their employers as well as more than 42,000 retired members and deferred members. With more than $23 billion in assets, it is one of Canada’s largest pension plans. It’s also one of Canada’s oldest pension plans, successfully delivering the pension promise since the early 1920s. To learn more about OPB, visit www.opb.ca.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the future growth and performance of Medicure and Apicore. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent Annual Information Form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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