Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has reached an all-time high of its commercial finance operations.

Record Monthly Invoice Portfolio: Our “high margin small ticket” invoice portfolio reached an all-time high of US$8,708,202.13 up from US$7,368,805.97 in December. The continued growth in business is attributable to ongoing demand for capital to fund and grow businesses Nationwide. As the invoice portfolio grows, generally, the fee income will grow. December was an above average month for invoice collections and fee income, while January was an average month. To date, February is above average at this point. For Oxygen Funding, Inc., our ownership affiliated company, the total invoice portfolio is approximately $12,000,000.

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