Atrium Mortgage Investment Corporation Appoints New CFO Effective January 1, 2018

Toronto, Ontario--(Newsfile Corp. - October 27, 2017) - Atrium Mortgage Investment Corporation (TSX: AI) announces that Jeffrey Sherman, chief financial officer, will be leaving the company effective January 1, 2018.

Robert Goodall, CEO of Atrium, stated, "Jeffrey Sherman joined Atrium in March 2012 on a part-time basis to help us prepare for our listing on the TSX in September 2012. His familiarity and knowledge of the public markets facilitated the transition of Atrium from a private to a publicly listed company. In the last five and a half years, he has worked tirelessly in building the necessary infrastructure to support our rapid growth in assets from under $200 million to over $600 million. Given our increased size, we believe it is now appropriate to engage a full-time chief financial officer. Jeffrey wishes to continue to devote a significant amount of his time to writing and teaching, and has therefore decided to step down as CFO. I thank Jeffrey for all of the help he has given us over these last five and a half years, and wish him the very best in the future."

Atrium announces the appointment of Jennifer Scoffield as chief financial officer, effective January 1, 2018. Jennifer Scoffield, CPA, CA, joined Atrium in September, 2015 and was promoted to VP Finance in December 2016. Since joining Atrium, she has worked closely with Mr. Sherman to prepare for the role of CFO and to ensure a smooth transition.

Ms. Scoffield has extensive senior financial management experience with both public and private companies and was previously the CFO of a TSX-listed company. She is a Chartered Professional Accountant and holds a BComm from Queen's University.

About Atrium

Canada's Premier Non-Bank Lender™

Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.

Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information about Atrium, please refer to regulatory filings available at www.sedar.com or investor information on Atrium's website at www.atriummic.com.

For additional information, please contact

Robert G. Goodall
President and Chief Executive Officer

Jeffrey D. Sherman
Chief Financial Officer

(416) 867-1053
[email protected]
www.atriummic.com