Mackie Research to Acquire NCP Northland Capital Group of Companies

TORONTO, ONTARIO and LONDON, ENGLAND--(Marketwire - Oct. 9, 2012) - Mackie Research Financial Corporation, the parent company of Mackie Research Capital Corporation announces it has signed a letter of intent to acquire NCP Northland Capital Partners Inc, NCP Northland Capital Partners (USA) Inc. and Northland Capital Partners Limited, which together represent Northland's investment dealer businesses operating in Canada, the United States and the United Kingdom, respectively. The letter of intent is subject to the completion of due diligence and execution of a definitive agreement with customary closing conditions, including regulatory approvals.

The combined capital markets platform will focus on the financing and investment needs of participants on the TSX (TSXV) and LSE (AIM), the premier worldwide exchanges for growth companies and growth investors.

Mackie Research is one of Canada's largest employee-owned full service investment firms providing innovative Wealth Management, Asset Management and Capital Markets services to growth oriented investors and companies globally, through a team of dedicated professionals in major centers across Canada. Northland, with offices in Toronto and London, England provides Capital Markets services to institutional and corporate clients in North America and in the United Kingdom.

Following completion of the transaction, the firm remains 100% owned by its over 300 employees including primary Northland partners and retains its reputation for financial strength and continuous service to its 68,000 clients worldwide since 1921.