Le Lézard
Classified in: Business
Subjects: PDT, MAT

Bridging Finance Inc. Announces the Launch of the Bridging Infrastructure Fund LP


TORONTO, Jan. 19, 2018 /CNW/ - Bridging Finance Inc. ("Bridging Finance" or the "Company") is pleased to announce the launch of its newest product, the Bridging Infrastructure Fund LP (the "Bridging Infrastructure Fund") which will be available for sale as of today through the IIROC dealer channel on FundSERV and to institutional investors.

As previously announced by the Company on December 12, 2017, the Bridging Infrastructure Fund will be focused on private debt loans related to infrastructure and the consolidation of entities within the cannabis sector. Bridging is also pleased to announce that it has entered into a strategic alliance with an affiliate entity of the MJardin Group to act as its Strategic Operating Partner, assisting in identifying potential borrowers as well as actively managing the operations of the underlying infrastructure investments.

"We continue to experience significant growth and are very pleased with the continued support we have received to date from our investors. We are also extremely delighted to collaborate with the MJardin Group on the launch of the Bridging Infrastructure Fund and look forward to utilizing their expertise within this industry and leveraging their operating expertise across North America," said David Sharpe, Chief Executive Officer of Bridging Finance. "Having established ourselves as leaders of infrastructure financing to First Nations, we are also excited about the opportunity of assisting them on capitalizing on such opportunity to create both wealth and employment," added David Sharpe.

"We are currently seeing numerous opportunities to bring our expertise to Canada and are thrilled to work with Bridging Finance in bringing these opportunities to fruition. The Bridging Finance team has established themselves as leaders in the private debt space with the ability to act and deliver quickly which is instrumental in this industry," said Rishi Gautam, Chairman and Chief Executive Officer of the MJardin Group.

About MJardin Group
MJardin is a highly specialized professional operating company that develops partnerships with licensed operators. MJardin provides its partners turnkey cannabis cultivation and processing solutions including licensure support, facility design, systems implementation, facility ramp-up and the day-to-day operational management required in a large-scale, professionally managed cannabis facility. MJardin is headquartered in Denver, Colorado with an additional office in Toronto, Ontario. For more information, please visit MJardin.com.

About Bridging Finance Inc.
Established in 2012, Bridging Finance is a privately held Canadian company providing middle-market North American companies with alternatives to the financing options offered by traditional lenders. Lending proceeds, typically ranging from $3 million to upwards of $50 million, are used by companies to address needs such as restructuring existing debt, providing working capital for growth, supporting inventory purchases and financing expenditures and acquisitions/buyouts.  Bridging Finance is the co-manager of the Sprott Bridging Income Fund LP and the Sprott Bridging RSP Fund, which invest in factoring/private debt loans that have a low correlation to traditional asset classes. Bridging Finance also offers portfolio management services for institutional clients and currently manages approximately $600 million of assets. For more information please visit bridgingfinance.ca.

The units of the Bridging Infrastructure Fund (the "Units") will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the Units in Canada will be made on a basis that is exempt from the prospectus requirements of such securities laws and only through registered dealers.

This news release shall not constitute an offer to sell the Units or the solicitation of an offer to buy the Units, nor will there be any sale of the Units, in any jurisdiction where such offer, solicitation or sale is not permitted.

SOURCE Bridging Finance Inc.


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