Norrep Capital Management Ltd. Announces Removal of Performance Fee With Respect to Norrep High Yield Class of Norrep Opportunities Corp.

CALGARY, ALBERTA--(Marketwired - June 29, 2015) - Norrep Capital Management Ltd. ("Norrep"), the Manager of Norrep High Yield Class of Norrep Opportunities Corp. (the "Fund"), announced today that it will no longer charge the Fund a performance incentive fee, effective June 26, 2015.

Norrep Capital Management Ltd. is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.norrep.com for more details about Norrep Investments.