Aleksandar

CALGARY, November 9, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced its financial results for the three and nine months ended September 30, 2016. Crown’s complete financial statements and management’s discussion and analysis for the third quarter of 2016 are available on SEDAR at www.sedar.com.

Q3 2016 Financial & Operating Highlights

• Revenue of $2.9 million, including interest revenue of $3.0 million, fees and other income of $0.2 million, and net change in unrealized gains in fair value of investments of ($0.3) million.
• Adjusted EBIT¹ of $1.5 million.
• Total comprehensive income, net of non-controlling interest, of $0.8 million, or $0.09 per common share (basic).
• Total equity per common share (basic) of $10.65 at September 30, 2016.
• Total assets of $151.6 million at September 30, 2016, up from $130.1 million at December 31, 2015.
• Cash and cash equivalents of $46.5 million, compared with $43.6 million at December 31, 2015.
• On September 9, 2016, paid a third quarterly dividend of $0.11 per common share.
• On July 15, 2016, completed a $25 million closing for Crown Capital Fund IV LP (“CCF IV LP”), bringing the current total capital committed to the Fund to $125 million.
• On November 8, 2016, Crown announced the signing in escrow by CCF IV LP of a $15.0 million term loan (the “Agreement”) with Touchstone Exploration Inc., a Calgary-based publicly-traded company engaged in acquiring interests in petroleum and natural gas rights, and the exploration, development, production and sale of petroleum and natural gas, with its primary focus in the Republic of Trinidad.

“Our current investments continue to perform well overall, which was validated by the new limited partners we added to CCF IV LP during the quarter,” said Chris Johnson, President and CEO of Crown. “Our financial results for the quarter reflect the higher-than-planned cash balance carried during the period. We completed one special situations transaction subsequent to quarter end and expect to deploy additional capital before year end. We continue to see strong demand for our financing solutions from successful companies in the mid-market. In addition to building the investment portfolio, we expect to finalize a credit facility in the near term, providing new leverage to drive higher returns on equity.”

1. Adjusted EBIT is not a measure of financial performance (nor does it have a standardized meaning) under IFRS. In evaluating this measure, investors should consider that the methodology applied in calculating this measure may differ among companies and analysts. Adjusted EBIT is calculated by Crown as earnings before non-cash share-based compensation, finance costs and income taxes less net income and comprehensive income attributable to non-controlling interests. The Corporation has provided a reconciliation of earnings before income taxes to Adjusted EBIT in this news release. The Corporation believes Adjusted EBIT is a useful supplemental measure that may assist investors in assessing the financial performance and the cash anticipated to be generated by Crown’s business. Adjusted EBIT should not be considered as the sole measure of Crown’s performance and should not be considered in isolation from, or as a substitute for, analysis of the Corporation’s financial statements.

Conference Call & Webcast

Crown will host a conference call to discuss its Q3 2016 financial results at 8:30 a.m. EDT on November 9, 2016. 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 3945204. The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/2eqoAWi. Listeners should access the webcast or call 10-15 minutes before the start time to ensure they are connected.

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 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, November 8, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the signing in escrow of a $15.0 million term loan (the “Agreement”) with Touchstone Exploration Inc. (“Touchstone”) (TSX: TXP), a Calgary-based company engaged in acquiring interests in petroleum and natural gas rights, and the exploration, development, production and sale of petroleum and natural gas, with its primary focus in the Republic of Trinidad and Tobago.

Touchstone is one of the largest independent onshore oil producers in Trinidad, with assets in several large, high-quality reservoirs that have significant total petroleum initially-in-place and an extensive inventory of low-risk development opportunities. In total, the company currently has interests in over 84,000 gross acres of exploration and development rights. Touchstone’s assets include 21 onshore blocks, 11 of which are currently producing. Total petroleum initially-in-place is estimated to be 1 billion barrels, based on the company’s five key producing blocks.  Touchstone also has rights to 208 potential drilling locations representing an estimated 10 years of drilling inventory. For the first six months of 2016, Touchstone’s average production was 1,342 barrels of crude oil per day.

“We are pleased to support Touchstone in its strategy of executing a low-risk, repeatable development program in proven regions of Trinidad,” said Chris Johnson, Crown’s President & CEO. “Touchstone is a low-cost producer with minimal production risk and large oil reserves in place. During this period of low oil prices, the company has successfully focused on operational initiatives to ensure sustainability and future profitability through all commodity price cycles. Looking ahead, given its low production costs, quality of assets and proven model, Touchstone is well positioned to benefit from improvements in the pricing environment.”

Paul Baay, President and Chief Executive Officer of Touchstone, said: “The Crown Capital financing provides us the financial flexibility to focus on the development of our onshore Trinidad assets and to immediately commence a revitalized capital program. It will also enable us to evaluate a number of acquisition opportunities.”

The Agreement provides for a $15.0 million term loan to Touchstone by Crown Capital Fund IV, LP (“Crown IV LP”), an investment fund managed by Crown in which Crown holds a 40% interest. The term loan bears a fixed interest rate of 8.0% per annum, compounded and payable quarterly, and matures in 60 months. In addition, the Agreement calls for Crown IV LP to receive a 1% royalty on Touchstone’s petroleum revenue for 60 months, which will be calculated and paid quarterly. The Agreement will be released from escrow and the loan will be advanced to Touchstone upon satisfaction of conditions precedent, including security registrations in Trinidad in favour of Crown IV LP.

The term loan will replace Touchstone’s existing credit facility. The proceeds will be used to cash collateralize Touchstone’s US$6 million letter of credit relating to its East Brighton property and for general corporate purposes.

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 Touchstone. 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 8, 2016 – 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 $0.11 per common share, payable on December 2, 2016 to all shareholders of record as of the close of business on November 17, 2016.

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, August 10, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced its financial results for the three and six months ended June 30, 2016. Crown’s complete financial statements and management’s discussion and analysis for the second quarter of 2016 are available on SEDAR at www.sedar.com.

Q2 2016 Financial & Operating Highlights

• Revenue of $5.0 million, including fees and other income of $0.8 million, interest revenue of $2.6 million, and net change in unrealized gains in fair value of investments of $1.6 million.
• Adjusted EBIT¹ of $3.0 million.
• Total comprehensive income, net of non-controlling interest, of $1.7 million, or $0.18 per common share (basic).
• Total equity per common share (basic) of $10.68 at June 30, 2016.
• Total assets of $138.2 million at June 30, 2016, up from $130.1 million at December 31, 2015.
• Cash and cash equivalents of $36.3 million, compared with $43.6 million at December 31, 2015.
• On May 20, 2016, paid second quarterly dividend of $0.11 per common share.
• Crown Capital Fund IV, LP (“CCF IV LP” or the “Fund”) completed a $15 million, five-year term loan with Bill Gosling Outsourcing Holding Corp., a global provider of call center solutions to blue-chip clients.
• Subsequent to quarter end, completed a $25 million closing for CCF IV LP, bringing the current total capital committed to the Fund to $125 million.

“It was a solid quarter for Crown as we made progress on a number of fronts.  We completed a loan with Bill Gosling Outsourcing, bringing us to six investments in the portfolio,” said Chris Johnson, President and CEO of Crown. “We were also pleased to achieve our milestone of upsizing CCF IV LP last month, adding two new limited partners, which provided a further endorsement of the quality of our portfolio. The conditions for our alternative financing solutions remain strong. Based on our robust transaction pipeline, we are confident we will achieve our annual capital deployment targets in 2016. As we put this available capital to work in growing mid-market companies, we expect to generate increasing earnings and cash flows for Crown shareholders.”

1. Adjusted EBIT is not a measure of financial performance (nor does it have a standardized meaning) under IFRS. In evaluating this measure, investors should consider that the methodology applied in calculating this measure may differ among companies and analysts. Adjusted EBIT is calculated by Crown as earnings before non-cash share-based compensation, finance costs and income taxes less net income and comprehensive income attributable to non-controlling interests. The Corporation has provided a reconciliation of earnings before income taxes to Adjusted EBIT in this news release. The Corporation believes Adjusted EBIT is a useful supplemental measure that may assist investors in assessing the financial performance and the cash anticipated to be generated by Crown’s business. Adjusted EBIT should not be considered as the sole measure of Crown’s performance and should not be considered in isolation from, or as a substitute for, analysis of the Corporation’s financial statements.

Conference Call & Webcast

Crown will host a conference call to discuss its Q2 2016 financial results at 10:00 a.m. EDT on August 10, 2016. 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  57686877. The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/2axt0xE. Listeners should access the webcast or call 10-15 minutes before the start time to ensure they are connected.

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 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, August 9, 2016 – 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 $0.11 per common share, payable on September 9, 2016 to all shareholders of record as of the close of business on August 29, 2016.

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.

 For further information, please contact:

Craig Armitage
Investor Relations
craig.armitage@crowncapital.ca
(416) 347-8954

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CALGARY, July 28, 2016 – Crown Capital Partners Inc. (TSX: CRN), which provides growth capital to successful mid-market companies, today announced it will host a conference call to discuss its 2016 second quarter financial results on August 10, 2016 at 10:00 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 August 10, 2016.

CONFERENCE CALL DETAILS

DATE:  Wednesday, August 10, 2016

TIME:  10:00 a.m. EST

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

CONFERENCE ID:  57686877

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

Available until midnight (EST) August 17, 2016

WEBCAST:  The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/2axt0xE

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.

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CALGARY, July 15, 2016 – 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 $25 million closing for Crown Capital Fund IV, LP. (“Crown IV LP” or the “Fund”), bringing the current total capital committed to the Fund to $125 million. To date, $50 million has been invested in three transactions.

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 has committed to invest up to $50 million in Crown IV LP and currently holds a 40% interest in the Fund.

“We appreciate the continued strong support of our limited partners,” said Chris Johnson, Crown’s President & CEO. “In addition to further commitments from most of our current investors, we added two new investors on this closing as we continue expanding our limited partner relationships. Looking ahead to the second half of 2016, the conditions for our alternative financing solutions remain strong, which is reflected in a robust pipeline, including several transactions at various stages. We are confident we will achieve our annual capital deployment targets in 2016.”

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 deployment of capital in special situations transactions. 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.

For further information, please contact:

Craig Armitage
Investor Relations
craig.armitage@crowncapital.ca

(416) 347-8954

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CALGARY, June 3, 2016 – In accordance with Toronto Stock Exchange requirements, Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, announced the voting results from its Annual General Meeting of Shareholders held on May 11, 2016 in Toronto, Ontario.

A total of 7,046,411 common shares, representing 74.22% of the Corporation’s issued and outstanding common shares, were voted in connection with the meeting. Shareholders voted in favour of all items of business put forth. The votes for the election of directors are as follows:

Crown has filed a report of voting results on all resolutions voted on at the meeting under the Corporation’s profile on SEDAR at www.sedar.com.

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.
 
For further information, please contact:

Craig Armitage
Investor Relations
craig.armitage@crowncapital.ca
(416) 347-8954

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CALGARY, May 25, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the closing of a $15 million, five-year term loan agreement (the “Agreement”) with Bill Gosling Outsourcing Holding Corp. (“BGO”), formerly Allied Global Holdings Inc., a global provider of call center solutions to blue-chip clients.

Headquartered in Newmarket, Ontario, BGO offers a full suite of customer contact solution services, including accounts receivable management, customer care, and customer sales & acquisition, and operates nine call centers in Canada, the U.S., the U.K. and Philippines. Founded in 1955, BGO’s key customers include Fortune 100 and Fortune 1000 companies in the financial, communications, utility and government sectors. BGO maintains strong relationships with its customers, with average tenure of more than 10 years for its top 10 customers.

“Bill Gosling Outsourcing is a successful, well-managed company and is a leader in its niche,” said Chris Johnson, Crown’s President & CEO. “Building on its successes, BGO will continue to benefit from the ongoing shift to business process outsourcing. Driven by growth from key customers and its Philippines expansion, BGO expects to increase revenue and EBITDA significantly over the next three years. We are pleased to partner with them as they continue to grow the business.”

“The Crown team clearly understands how to work with entrepreneurs and growth companies, and they provided a financial solution that is aligned with our business requirements and plans,” said Dave Rae, CEO of BGO.

The Agreement provides for a $15 million term loan to BGO by Crown Capital Fund IV, LP, an investment fund managed by Crown and in which Crown holds a 50% interest. The term loan bears a fixed interest rate of 12% per annum, compounded and payable monthly, and matures in 60 months.

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 business process outsourcing industry; BGO’s expansion and growth plans; and Crown’s business plans and strategy. 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.

 For further information, please contact:

Craig Armitage
Investor Relations
craig.armitage@crowncapital.ca

(416) 347-8954

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CALGARY, May 11, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced its financial results for the three months ended March 31, 2016 (“Q1 2016”). Crown’s complete financial statements and management’s discussion and analysis for Q1 2016 are available on SEDAR at www.sedar.com.

Q1 2016 Financial & Operating Highlights

• Revenue of $5.1 million, including fees and other income of $0.6 million, interest revenue of $2.4 million, net realized gain on sale of investments of $1.7 million, and net change in unrealized gains in fair value of investments of $0.4 million.
• Adjusted EBIT¹ of $2.7 million.
• Total comprehensive income, net of non-controlling interest, of $1.6 million, or $0.17 per common share (basic).
• Total equity per common share (basic) of $10.56 at March 31, 2016.
• Total assets of $131.8 million at March 31, 2016, up from 130.1 million at December 31, 2015.
• Cash and cash equivalents increased to $46.9 million, compared with $43.6 million at
  December 31, 2015.
• Established a dividend policy and, on January 29, 2016, paid a first quarterly dividend of $0.11 per common share.
• Sold all the common shares of Claude Resources Inc. held by the Norrep Credit Opportunities Fund II, LP (“NCOF II”) and Norrep Credit Opportunities Fund II (Parallel), LP for a realized gain to the Corporation of $1.7 million.
• Subsequent to quarter end, on April 22, 2016, Crown declared a quarterly dividend of $0.11 per common share.

“In the first quarter of 2016, we implemented a dividend, which was an important milestone for the company, and generated a strong increase in interest revenue, reflecting the impact of the loans we announced in 2015,” said Chris Johnson, President and CEO of Crown. “We also increased cash in the quarter, and continue to carry a significant cash balance, which we expect to deploy in the near-term, both in our special situations and long-term products, to generate growing earnings for shareholders. Our transaction pipeline remains strong, supported by the team members we added last year and a very positive market environment for Crown. With 34 transactions completed over our history, we are one of the most experienced and active participants in the mid-market, positioning us well to benefit from these market conditions.”

Q1 2016 Financial Results Summary
Crown’s financial position at March 31, 2016 and its financial results for the quarter ended March 31, 2016 are not comparable to the same period in the prior year due mostly to the initial public offering of Crown’s common shares and the acquisition of a 69.75% interest in NCOF II, both in July 2015, and the establishment of Crown Capital Fund IV LP in September 2015 and Crown Capital Private Credit LP in December 2015.

¹Adjusted EBIT is not a measure of financial performance (nor does it have a standardized meaning) under IFRS. In evaluating this measure, investors should consider that the methodology applied in calculating this measure may differ among companies and analysts. Adjusted EBIT is calculated by Crown as earnings before non-cash share-based compensation, finance costs and income taxes less net income and comprehensive income attributable to non-controlling interests. The Corporation has provided a reconciliation of earnings before income taxes to Adjusted EBIT in this news release. The Corporation believes Adjusted EBIT is a useful supplemental measure that may assist investors in assessing the financial performance and the cash anticipated to be generated by Crown’s business. Adjusted EBIT should not be considered as the sole measure of Crown’s performance and should not be considered in isolation from, or as a substitute for, analysis of the Corporation’s financial statements.

Conference Call & Webcast
Crown will host a conference call to discuss its Q1 2016 financial results at 2:00 p.m. EDT on May 11, 2016. 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  94982204. The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/1UeXhA6. Listeners should access the webcast or call 10-15 minutes before the start time to ensure they are connected.

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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