RiverNorth To Host Webcast On November 17 To Discuss Marketplace Lending Asset Class And Investment Opportunities

RiverNorth Capital Management, LLC ("RiverNorth"), a boutique investment management firm specializing in opportunistic strategies, will host "Incorporating Marketplace Lending into an Institutional Portfolio," a live webcast with Q&A, on November 17, 2016 at 3:15 pm CT.

The webcast - which will be hosted by Philip Bartow, Portfolio Manager of RiverNorth's marketplace lending strategies, and Ron Suber, President of Prosper Marketplace - will educate participants on the rapidly growing marketplace lending industry. Mr. Suber will present an overview of the marketplace lending industry and his perspective on the future of this space, while Mr. Bartow will discuss the primary investment characteristics of the marketplace lending asset class and the opportunity for incorporating it into an investment portfolio. An overview of RiverNorth Marketplace Lending Corporation (NASDAQ:RMPLX), a registered 1940 Act interval closed-end fund launched in September 2016 and dedicated to the marketplace lending asset class, will also be provided by Mr. Bartow during the session.

Participants can register for the webcast at www.rivernorth.com/events. A recording of the webcast will be made available at www.rivernorth.com/events following the event.

About RiverNorth

RiverNorth Capital Management, LLC is an investment management firm founded in 2000. With approximately $3.6 billion in assets under management as of September 30, 2016, RiverNorth specializes in opportunistic investment strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is the investment manager to multiple registered and private funds.

Important Risk Information

Investing in the Shares involves certain risks, including loss of principal, that are described in the "Risks" section of the prospectus, including the following:

The Fund's Shares will not be immediately listed on an exchange in the foreseeable future, if at all. It is not anticipated that a secondary market for the Shares will develop unless the Shares are listed on an exchange. Thus, an investment in the Fund is not suitable for investors who might need access to the money they invest for several years or longer.

The Fund may decline to accept any subscription requests for any reason regardless of the order in which such subscription request was submitted to the Fund in a particular subscription period.

If a borrower is unable to make its payments on a loan, the Fund may be greatly limited in its ability to recover any outstanding principal and interest under such loan, as (among other reasons) the Fund may not have direct recourse against the borrower or may otherwise be limited in its ability to directly enforce its rights under the loan, whether through the borrower or the platform through which such loan was originated, the loan may be unsecured or under-collateralized, and/or it may be impracticable to commence a legal proceeding against the defaulting borrower.

The Marketplace Lending Instruments in which the Fund may invest will not typically be guaranteed or insured by any third-party and will not typically be backed by any governmental authority. Prospective borrowers supply a variety of information regarding the purpose of the loan, income, occupation and employment status (as applicable) to the lending platforms. As a general matter, platforms do not verify the majority of this information, which may be incomplete, inaccurate, false or misleading. Prospective borrowers may misrepresent any of the information they provide to the platforms, including their intentions for the use of the loan proceeds.

Marketplace Lending Instruments are generally not rated by the nationally recognized statistical rating organizations ("NRSROs"). Such unrated instruments may be comparable in quality to securities falling into any of the ratings categories used by such NRSROs. Accordingly, certain of the Fund's unrated investments could constitute a highly risky and speculative investment, similar to an investment in "junk" bonds.

The Marketplace Lending Instruments in which the Fund may invest may have varying degrees of credit risk and the Fund will not be restricted by any borrower credit criteria or credit risk limitation. There can be no assurance that payments due on underlying Marketplace Loans will be made.

At any given time, the Fund's portfolio may be substantially illiquid and subject to increased credit and default risk. The Shares therefore should be purchased only by investors who could afford the loss of the entire amount of their investment.

As a result of the foregoing and other risks described in this Prospectus, an investment in the Fund is considered to be highly speculative.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy shares of the Fund in any jurisdiction where the offer or sale is not permitted.

RiverNorth Marketplace Lending Corporation's investment objectives, risks, charges and expenses must be considered carefully before investing. RiverNorth Marketplace Lending Corporation prospectus and the open-end mutual fund prospectuses (and summary prospectuses, if available) contain this and other important information about the investment companies, and may be obtained by calling 844.569.4750 or 888.848.7569, respectively. Read them carefully before investing.

An investment in the Fund is subject to fees and expenses.

The default history for marketplace lending is limited and future defaults may be higher than historical defaults.

RiverNorth Marketplace Lending Corporation is distributed by Quasar Distributors, LLC. The RiverNorth open end mutual funds are distributed by ALPS Distributors, LLC.

RiverNorth Capital Management, LLC, ALPS Distributors, Inc., Prosper Marketplace and Quasar Distributors, LLC are not affiliated.

Allen Webb is a Registered Representative of ALPS Distributors, Inc.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

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RVN001080 12.31.2016