TORONTO, ONTARIO--(Marketwired - March 1, 2016) - Tuckamore Capital Management Inc. (TSX:TX)(TSX:TX.DB.B) ("Tuckamore" or the "Company") announced, further to its press release of February 1, 2016, that it has agreed with the lenders under the senior secured credit facilities made available to the Company's subsidiary Tuckamore Finance Corp., to extend from February 29, 2016 to March 8, 2016, (i) the date by which the Company is to finalize a definitive agreement in respect of the sale of certain assets, and (ii) the date by which the Company is to finalize the form of an asset-based credit agreement to be entered into. The principal amount outstanding under the Credit Agreement remains unchanged.

About Tuckamore

Tuckamore (http://tuckamore.ca) has investments in four businesses representing a diverse cross-section of the Canadian economy.