Integrated Asset Management Corp. (“IAM”) (TSX: IAM) announced today that it has entered into an agreement to sell all of the common shares of Integrated Managed Futures Corp. (“IMFC”) directly or indirectly held by IAM, an outstanding loan owed to IAM by IMFC and units of the AlphaCentric/IMFC Managed Futures Strategy Fund (“AlphaCentric Fund”) to Koloshuk Farrugia Corp. (“the Purchaser”). The Purchaser is a holding company wholly-owned by Victor Koloshuk, the Executive Chairman, a director and a significant shareholder of IAM.

Under a purchase agreement dated January 4, 2017 (the “Purchase Agreement”) among IAM, BluMont Capital Inc. (a wholly-owned subsidiary of IAM) and the Purchaser, IAM agreed to sell (i) all of the common shares of IMFC directly or indirectly held by IAM (representing approximately 77.5% of IMFC’s common shares) and an outstanding loan owed to IAM by IMFC and (ii) The AlphaCentric Fund units held by IAM based on the closing unit price at close on January 6th, 2017, payable in cash.

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