Third Eye Capital Management Wins Best Credit Fund Manager
For 2nd Consecutive Year At Hedgeweek USA Awards 2012

Toronto, 10 July 2012 - Third Eye Capital Management Inc. ("TECM") is pleased to announce that it was named "Best Credit Fund Manager" by Hedgeweek USA at the Hedgeweek USA 2012 Awards. The awards recognize excellence among hedge fund managers and service providers honouring the industry's best performers and their ability to demonstrate consistency and depth of expertise against the backdrop of an extremely volatile and uncertain global investment climate.The awards, presented at New York's Gansevoort Hotel on June 28, were decided by the votes of Hedgeweek's nearly 20,000 US-based subscribers, who include institutional and high net worth investors as well as managers and other industry professionals at firms including fund administrators, prime brokers, custodians, and advisors.

"We are honoured to be recognized by our peers for a second consecutive year as the best credit fund manager" commented Arif N. Bhalwani, the firm's co-founder and portfolio manager on accepting the award. "Investors are more mindful about evaluating credit opportunities but recognize that our direct lending strategy is important because it has tangible, immediate effects on SMEs that drive economic growth. We share this award with those companies."

Toronto-based Third Eye Capital Management Inc. originates and manages privately-negotiated senior secured loans to predominantly Canadian small to mid-cap companies. The firm was established in 2005 by Arif. N. Bhalwani and Dr. David G. Alexander who together have over fifty years of private market investing experience. They are complemented by an expert team of investment and credit professionals with experience managing several billion dollars in loan portfolios.

Third Eye Capital Management Inc. advises the Third Eye Capital Credit Opportunities Fund and is currently the exclusive advisor to the Sprott Private Credit Trust.

For further information please contact:

Toronto:Christopher Vokes, VP of Investor Relations T: 416-601-2270 x242 E: chris@thirdeyecapital.com