Middlefield Can-Global REIT Income Fund filed a Notice of Intention and received approval from the Toronto Stock Exchange to commence a normal course issuer bid on December 21, 2012. Under the bid, the fund will repurchase up to 749,530 units, representing 10% of its public float and 10% of its issued and outstanding units. The units will be repurchased on the open market through the facilities of the TSX.

The units repurchased will be cancelled. Subject to receiving all necessary regulatory approvals, the fund may, in lieu of cancelling units acquired, hold the units in treasury for resale. In any 30 day period, the fund will not repurchase more than 150,000 units, being 2% of the units issued and outstanding.

The bid will serve to enhance the returns to the unit holders. The bid will commence from December 28, 2012, and will terminate on December 27, 2013. As of December 19, 2012, the fund had 7,500,000 units issued and outstanding.