Terra Firma Capital Corporation Announces Stock Options Grants and Adoption of Deferred Share Unit Plan

Terra Firma Capital Corporation (TSX VENTURE:TII) ("Terra Firma" or the
"Corporation") announced today that subject to regulatory approval and pursuant
to the terms of its share option plan, it has granted options on May 20, 2014,
to its directors and certain employees to purchase an aggregate of 565,000
common shares of the Corporation . The options permit the grantees to acquire
common shares of the Corporation at a price of $0.50 per share. Except for the
210,000 options granted to certain employees, which vested immediately, the
options vest in four equal installments, with the first 25% vesting immediately
upon grant, and 25% vesting every 90 days thereafter. In each case the options
expire five years from the date of grant. 


In order to promote greater alignment of interests between directors, officers
and employees of the Company and its shareholders, the Company's board has
approved the adoption of a cash-settled-only deferred share unit plan (the "DSU
Plan"). 


Further details regarding both the share option plan and the DSU Plan will be
set out in the management information circular of the Company which will be
mailed to shareholders and filed on SEDAR in connection with the Annual General
and Special Meeting of shareholders.


About Terra Firma 

Terra Firma is a full service, publicly traded real estate finance company that
provides customized equity and debt solutions to the real estate industry. Our
focus is to provide financings with flexible terms to property owners and
developers looking for customized structures. Terra Firma offers a full spectrum
of real estate financing under the guidance of strict corporate governance,
clarity and transparency. For further information please visit Terra Firma's
website at www.tfcc.ca.


The TSXV has neither approved nor disapproved the contents of this press
release. The TSXV does not accept responsibility for the adequacy or accuracy of
this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Terra Firma Capital Corporation
Y. Dov Meyer
President and Chief Executive Officer
416.792.4700 x 301
ydmeyer@tfcc.ca


Terra Firma Capital Corporation
Mano Thiyagarajah
Chief Financial Officer
416.792.4700 x 303
mthiyagarajah@tfcc.ca

Terra Firma Capital (TSXV:TII)
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