CALGARY, Alberta, May 31, 2017 (GLOBE NEWSWIRE) -- Builders Capital Mortgage Corp. (the "Corporation") (TSX VENTURE:BCF) is pleased to announce that it has closed its public offering of 219,975 Class A non-voting shares ("Class A Non-Voting Share") of $10.00 per Class A non-voting share (the "Offering Price"), for gross proceeds of $2,199,750 (the "Offering"). The net proceeds will be deployed in the business immediately.

PI Financial Corp. acted as agent for the Offering (the "Agent").

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

For further information, please contact:

John Strangway, Chief Financial Officer
Telephone: (403) 685-9888