True North Commercial Real Estate Investment Trust announced its October 2021 monthly cash distribution in the amount of $0.0495 per trust unit ("Unit"), payable on November 15, 2021 to holders of Units of record at October 29, 2021. Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase additional Units, at a 1% discount to the weighted average closing price of the Units, for the five trading days immediately preceding the date of distribution declared by the REIT. No assurances can be made that new Units will be made available under the DRIP on a regular basis, or at all. The DRIP provides an efficient and cost-effective way for the REIT to issue additional equity to existing unitholders.