CALGARY, ALBERTA--(Marketwired - Dec. 15, 2016) - Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita" or the "Trust") announces the close of an additional $717,000, for an aggregate gross proceeds to date of $6,525,000 from the sale of its 8% secured convertible debentures (the "Convertible Debentures") pursuant to its previously announced private placement offering of these Convertible Debentures. The maximum amount to be raised has been increased to $7,000,000.