Hamilton Police have arrested Mark Smich, 25, of Oakville, Ont., in connection with the death of Tim Bosma.

Superintendent Dan Kinsella of the Hamilton Police delivered the information at a press conference just hours after family and friends of Tim Bosma held a memorial service for the slain father.

Smich will face a charge of first-degree murder and will appear in court on Thursday morning. He is known to police and to the first suspect, Dellen Millard, Kinsella said.

Smich was arrested around 10 am on Wednesday morning. Hamilton Police say they are still looking for a third suspect and that the investigation is ongoing. Police also say they've received more than 700 tips and executed 15 search warrants during the Bosma investigation.

Bosma, 32, went missing on May 6 after taking two men for a test drive in a pickup truck he had listed for sale online.

Dellen Millard was arrested two weeks ago and is charged with first-degree murder, forcible confinement and theft of a vehicle in Bosma's death.

Police say his charred remains were found roughly a week later on Millard's farm in Waterloo Region.

There are also questions whether Millard is linked to the disappearance of Toronto woman Laura Babcock. Phone records show that some of Babcock's phone calls went to Millard before she disappeared.

On Wednesday, hundreds packed into a banquet hall in Hamilton, Ont. as friends and family said goodbye to Bosma.

"It never makes sense," Pastor John Veenstra told mourners who packed into the hall where Bosma and his wife had their wedding reception. "Was Tim's life worth the cost of a Hemi?"

With files from CP, CBC

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  • Mark Smich

  • Mark Smich

  • Dellen Millard

  • Dellen Millard

  • Dellen Millard

  • Dellen Millard

  • Tim Bosma

  • Tim Bosma

  • Tim Bosma

  • Tim Bosma

  • Tim Bosma

  • Tim Bosma

  • Sharlene Bosma, Wife Of Murder Victim Tim Bosma, Speaking At News Conference

    Sharlene Bosma speaking to the media on May 15, 2013, about her murdered husband, Tim Bosma.

  • Millard Court Appearance

    A prisoner van carrying accused Dellen Millard enters the courthouse on Wednesday, May 15, 2013 in Hamilton, Ont. Millard has been charged with first-degree murder in the death of a southern Ontario father who disappeared after posting his truck for sale online and taking a test drive with two men.

  • Flowers At Bosma's Home

    A woman places flowers in front of Tim Bosma's home in Ancaster, Ont., Wednesday, May 15 2013. Dellen Millard has been charged with first-degree murder in the death of Bosma, a southern Ontario father who disappeared after posting his truck for sale online and taking a test drive with two men.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Dellen Millard's Lawyer Speaks

    Deepak Paradkar, the lawyer for Dellen Millard, speaks to the media after his client's first court appearance in Hamilton, Ont., Wednesday, May 15 2013. Millard has been charged with first-degree murder in the death of a southern Ontario father who disappeared after posting his truck for sale online and taking a test drive with two men.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Police Investigating Murder Of Tim Bosma

    Police investigate the death of Tim Bosma at 2548 Roseville Rd. in North Dumfries Township. Bosma, who disappeared after leaving his home with men who came to test drive his truck, has been found dead.

  • Det.Sgt Matt Matt Kavanagh, centre, discusses the Timothy Bosma missing man case at a news conference in Hamilton, Ont., Tuesday, May 14, 2013. A massive search for Bosma, a southern Ontario man who vanished more than a week ago, came to a grim conclusion when police announced his body had been found.

  • Prime Minister Stephen Harper

  • Ontario NDP Leader Andrea Horwath

  • Skylar Hellman †

    So sad to hear that Tim Bosma was found dead this morning ... my deepest sympathy to his family. Just terrible ... all because of a truck

  • Kathleen Leach

    RT @LocateTimBosma: This is a tragedy. Rest In Peace, Tim Bosma.

  • Liam Casey

  • Jen Warman

    God I just feel sick about what has happened to Tim Bosma and his family. It's just so sad and horrendous....

  • olivia.

    Rest in peace Tim Bosma :(..

  • Jennifer Dale

    R.I.P. Tim Bosma

  • Trevor Dunn

    Now a homicide investigation, Hamilton Police still working on the Tim Bosma case at this farm near Cambridge #sl http://t.co/Drne6RdjqJ

  • Jessica Smith

    My heart goes out to the family & friends of Tim Bosma. May he rest in peace. I hope all those involved pay for their actions.

  • Amanda MacKenzie

    Heartbreaking. Sympathy to the Bosmas. “@globeandmail: #Breaking: Missing Ontario man Tim Bosma found dead http://t.co/1tZ5jHOncr”

  • Theresa Farrugia

    @HamiltonPolice @HPSActionTeam4 Thank you for your swift and professional work on the Tim Bosma case. This is a tragedy which sickens me.

  • Chels

    R.i.p Tim bosma 🙏😥

  • Ryan Mandryk

    R.I.P Tim Bosma, some people are messed up

  • Paul Johnson

    Thoughts and prayers to the family and friends of Tim Bosma.

  • John Morris

    This is unbelievably shitty. Perspective, people.“@globeandmail: #Breaking: Missing Ontario man Tim Bosma found dead http://t.co/3O6jR0zayP”

  • Marc Guilbeault

    Disgusting.... RIP Tim Bosma

  • ⚫™

    RT @CP24: Hamilton police say human remains have been located. "We are convinced that these are remains of Tim Bosma," chief says.

  • Amanda Blake

  • righteous wun☁

    My heart goes out to the family of Tim Bosma. #saddening

  • Sarah N

    My heart is so heavy for the family and all that knew Tim Bosma. Everyone was hoping/praying he would be found alive! #RIPTimBosma

  • Ancaster Dundas News

    We will continue to follow every single lead. We will work to affect the arrest of those responsible for the death of Tim Bosma: Chief.

  • audi

    RIP Tim Bosma. Thoughts & prayers for his family.