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File: News Release - April 27 2017 - Streams (00734631x9DEBD).docx

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KNIGHTSWOOD FINANCIAL ANNOUNCES 
SECOND INVESTMENT IN CANNABIS INDUSTRY

News Release

Vancouver, British Columbia, April 27, 2017 - Knightswood Financial Corp. (TSX.V - KWF) (the "Company") is pleased to 
--->announce that, in furtherance of the Company's prior announcements that it has identified the cannabis industry to be 
--->of interest for future investments, it has made its second strategic investment in this space.

Streaming Agreements

On April 26, 2017 the Company entered into an agreement with PanCann Streaming Corp. ("PanCann"), a private Ontario co
--->mpany, to acquire the rights to all of PanCann's interests in thirteen executed streaming agreements and assume the ri
--->ghts to several agreements in the final stages of negotiation (each a "Streaming Agreement") between PanCann and vario
--->us companies that are either "Licensed Producers" pursuant to the Access to Cannabis for Medical Purposes Regulations 
--->or have applied to become Licensed Producers (each a "Streaming Partner"), for a total consideration of $1,000,000.

Under each Streaming Agreement, PanCann has agreed that, upon the satisfaction of certain conditions precedent includi
--->ng PanCann having sufficient cash available for funding and entering into definitive agreements with the applicable St
--->reaming Partner, it will provide funding to the applicable Streaming Partner in consideration for: (i) the issuance of
---> shares of the Streaming Partner at an agreed upon valuation (the "Equity Component"); and (ii) an allocation of the S
--->treaming Partner's cannabis production yield at either a fixed price or a cost-plus price (the "Yield Component"). The
---> Yield Component will be in respect of a defined period of time ranging from 10 to 99 years depending on the Streaming
---> Partner. 

The proceeds received by each Streaming Partner under the applicable Streaming Agreement will be used by it for constr
--->uction financing for the Streaming Partner's current or proposed medical cannabis facility (each, a "Facility") and ma
--->y also include the purchase of real property in connection therewith. In certain instances PanCann also has the right 
--->to provide additional financing in connection with any expansion of a Facility (or construction of a new Facility) in 
--->consideration for additional Equity Components and Yield Components.

The Company's primary objective with the acquisition of the Streaming Agreements is to: (i) generate predictable reven
--->ue streams through payments received from each Streaming Partner, in connection with such Streaming Partner's sale of 
--->the applicable Yield Component, if any; (ii) work with each Streaming Partner in order to increase the equity value of
---> the applicable Equity Component; and (iii) increase its cash flow per share by making accretive investments into new 
--->and existing Streaming Partners.

 
Board Changes

The Company announces that each of Mark Lerohl and Mark Walker has resigned as directors of the Company; and that Ian 
--->McKay has been appointed as a new director.  The Company would like to thank each Mr. Lerohl and Mr. Walker for their 
--->many years of service.  

Mr. Ian Gerard McKay is and has been the CEO of the Vancouver Economic Commission since September 2013. Prior to this 
--->appointment, Ian served as the National Director for the Liberal Party of Canada.  A native of Penticton, British Colu
--->mbia, he has led a distinguished career as an executive in international financial markets, as well as a political adv
--->isor to federal cabinet ministers.  Ian's career in the financial markets began in 1987 in New York when he was recrui
--->ted out of UBC by Euro Brokers International Inc. From there, he went to Japan as Managing Director of Euro Brokers To
--->kyo.  In 1998, Ian was seconded to London, England as Joint Managing Director of Euro Brokers London.  Between 2006 an
--->d 2009, Ian worked for ICAP Capital Markets Inc. as the Director of Business Development (Canada).  From 2001-2005, Ia
--->n served as Senior Policy Advisor to the Minister of Industry under Prime Ministers Jean Chretien and Paul Martin.  Ia
--->n studied Political Science and Asian Studies at the University of Victoria and the University of British Columbia, an
--->d holds a Master's of Business Administration Degree from Queen's University.

About Knightswood Financial Corp.

The Company is an investment company that seeks to provide investor returns through investment fees and capital apprec
--->iation and has recently concentrated its investment efforts in the cannabis industry.

ON BEHALF OF THE BOARD
"Maurice Levesque"
President

This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities 
--->law. Forward-looking information is frequently characterized by words such as "plan", "continue", "expect", "project",
---> "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or inf
--->ormation that certain events or conditions "may" or "will" occur. This information is only a prediction. Various assum
--->ptions were used in drawing the conclusions or making the projections contained in the forward-looking information thr
--->oughout this news release. Forward-looking information includes, but is not limited to: the ability to finance the acq
--->uisition of streams, the ability to generate revenue through the Streaming Agreements, requirements to obtain addition
--->al financing, timeliness of government approvals for granting of permits and licences, including licences to cultivate
---> cannabis, completion of the Facilities, where applicable, actual operating performance of the Facilities, regulatory 
--->or political change, competition and other risks affecting the Company in particular and the medical cannabis industry
---> generally. Forward-looking information is based on the opinions and estimates of management at the date the informati
--->on is made, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or
---> results to differ materially from those projected in the forward-looking information.  There is no guarantee any of t
--->he forward looking statements will be met.  The Company is under no obligation, and expressly disclaims any intention 
--->or obligation, to update or revise any forward-looking information, whether as a result of new information, future eve
--->nts or otherwise, except as expressly required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The securities referred to in this news release have not been, nor will they be, registered under the United States Se
--->curities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or
---> benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
---> This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the Un
--->ited States.