CIM International Group Inc. announced that its investment in Port McNicoll Holding LP via CIM Port McNicoll Holding LP may be in jeopardy. On July 23, 2017, the Company invested in the Port McNicoll residential real estate project located near the town of Port McNicoll, Ontario on the southern shore of Georgian Bay. The Port McNicoll Project is in the development stage on an 850 acre site (the "Port McNicoll Lands") which is planned to include up to 1,500 residential homes. The company invested $3,452,500 in limited partnership units in the capital of Port McNicoll Holding LP which effectively represents a 16.5% interest in the Port McNicoll Project. The company has been advised that the vendor of the Port McNicoll Lands, Skyline (Port McNicoll) Development Inc. ("Skyline") has taken enforcement proceedings with respect to a vendor take back mortgage in connection with the sale of the Port McNicoll Lands and has listed the Port McNicoll Lands for sale on the MLS listing site. If the Port McNicoll Lands are sold to a third party due to Skyline's enforcement actions, the value of the Port McNicoll LP may be materially and adversely affected which will in turn negatively affect the value of the units in the capital of the Port McNicoll LP held by the company.