US Financial 15 Split Corp. intends to initiate a normal course issuer bid. Under the program, the company will repurchase up to 443,873 preferred shares and 443,873 Class A shares of the company, representing approximately 10% of the public float of the preferred shares and the Class A shares. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All preferred shares or Class A shares purchased by the company pursuant to the bid will be cancelled. The company believes that such purchases are in the best interests of the company and are a desirable use of its funds. The program is subjected to TSX approval. As of February 24, 2014, the company has 4,438,725 preferred shares and 4,438,725 Class A shares issued and outstanding.

Quadravest Capital Management Inc., acted as investment manager to the company.