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Tuckamore Announces Option Exercise

August 8, 2014

TORONTO, ONTARIO--(Marketwired - Aug. 8, 2014) - Tuckamore Capital Management Inc. (TSX:TX)(TSX:TX.DB.B) ("Tuckamore" or the "Company") announced today that as a result of the exercise of options previously issued under its Management Inventive Plan and Incentive Option Plan it issued on August 7, 2014 an aggregate of 13,000,000 common shares, representing approximately 11.8% of the outstanding common shares following the issuance.

About the Company

Tuckamore has investments in 7 businesses representing a diverse cross-section of the Canadian economy.

FOR FURTHER INFORMATION PLEASE CONTACT: Shareholders: Kingsdale Shareholder Services 1-888-518-1561 Toll Free Facsimile: 1-866-545-5580 416-867-2271 (FAX) Outside North America, Banks and Brokers Call Collect: 416-867-2272 Media: Riyaz LalaniBayfield Strategy, Inc. 416-907-9365 Source: Tuckamore Capital Management Inc.

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Source: Marketwire (Canada)

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