Franchise Bancorp Inc. Announces Delisting from TSX Venture Exchange

BRAMPTON, ON, Jan. 20, 2017 /CNW/ - Franchise Bancorp Inc. (TSXV: FBI) (the "Corporation") announced today that further to its press release dated January 16, 2017, the TSX Venture Exchange (the "Exchange") has approved the Corporation's voluntary delisting application and the Corporation's common shares will be delisted from the Exchange effective at the close of trading on January 20, 2017.

The Corporation has also applied to the securities regulatory authorities and expects to cease to be a reporting issuer upon receiving an order from the Ontario Securities Commission accepting its application.

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.

This press release contains forward-looking statements. Actual developments may differ from those contemplated by these statements depending upon, among other things, decisions made by regulators. The forward-looking statements contained in this press release represent the Corporation's views and expectations as of the date of this release and should not be relied upon as representing its views and expectations at any subsequent date.

SOURCE Franchise Bancorp Inc.

For further information: Franchise Bancorp Inc.: Paul Thomson, President, Toll Free: 1-866-463-4124, Email: paul@franchisebancorp.com

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http://www.franchisebancorp.com

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