Automotive Finco Corp. Announces Intention to Repurchase up to $12,375,000 of its Common Shares pursuant to a Substantial Issuer Bid - Seite 3

Additionally, any questions can be directed to Kingsdale Advisors, the information agent for the Offer, by telephone at 1-888-518-6554 (toll free in North America), or 416-867-2272 (collect calls outside North America), or by email at [e-mail].

Further information concerning the factors considered by the Board of Directors, along with the terms and conditions of the Offer, will be contained in the Offer Documents that will be mailed to shareholders and available on SEDAR when the Offer is formally launched. 

Kuldeep Billan, Email:  [e-mail]

About Automotive Finco Corp.

Automotive Finco Corp ("AFCC") is a high growth specialty finance company focused exclusively on the auto retail sector. Through its investment in Automotive Finance LP, the Company has exposure to a business providing long term, debt based acquisition financing to auto dealerships across the globe, with an initial focus on Canada. In addition to its interest in Automotive Finance LP, AFCC may also pursue other direct investments and financing opportunities across the auto retail sector. For further information please refer to the Company's website: www.autofincocorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as  “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate”, “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. In particular and without limitation, this news release contains forward-looking statements relating to: the pricing, timing, completion and other terms of the Offer; AFCC’s expected source of funds for the Offer; and the intention of the directors and officers of the Company and AA Capital LP not to tender their Shares to the Offer.