Rumors of the Tim Horton's branded cereal have been circulating for some time, but it appears Timbits cereal is about to be a reality.

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Freshdaily reports Tim Hortons and "Post Foods Canada announced today that the new cereal will be hitting the shelves of major grocery stores across the country very soon."

Two flavors will be manufactured, Chocolate Glazed and Birthday Cake, but according to a press release from Post Canada -- there are only plans for a Canadian release at this time.