VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 4, 2016) - TIMIA Capital Corp. ("TIMIA" or the "Company") (TSX VENTURE:TCA) is pleased to announce that it has continued its exciting momentum into 2016 by closing its 4th Royalty-based Financing ("RBF") investment.iCompass Technologies Inc. ("iCompass") has received a total financing of $1.25 Million, with $750,000 being closed in the first tranche. In exchange for this financing, TIMIA will receive a monthly royalty on total revenue until a defined maximum amount has been reached.