Trez Capital Mortgage Investment Corporation Announces February 2013 Distribution
VANCOUVER, Feb. 20, 2013 /CNW/ - Trez Capital Mortgage Investment
Corporation (the "Company") announced today that its board of directors
has declared a monthly distribution of $0.0583 per Class A share of the
Company. The distribution will be paid on March 15, 2013 to holders of
Class A shares of record on February 28, 2013. As of February 20,
2013, there were 23,000,000 Class A shares outstanding. The amount of
the monthly distributions is equivalent to approximately $0.70 per
Class A Share per annum. This represents an annual cash distribution of
7.0% based on the $10 issue price of the Class A Shares.
About the Company
Trez Capital's objective is to acquire and maintain a diversified
portfolio of mortgages in Canada that preserves capital and generates
attractive returns in order to pay monthly distributions to its
shareholders. The Company accomplishes its investment objectives
through prudent investments in mortgages to qualified real estate
investors and developers, focusing primarily on short-term bridge
financing needs not currently serviced by traditional real estate
lenders. Trez Capital Fund Management Limited Partnership is the
manager of and portfolio advisor to the Company.
SOURCE: Trez Capital Mortgage Investment Corporation
Mr. Ross McCann
Manager, Investor Relations
Trez Capital Mortgage Investment Corporation
Tel: (604) 647-3423
E-mail: RossM@trezcapital.com.
Mr. Drew de Wynter
Senior Director, Finance
Trez Capital Mortgage Investment Corporation
Tel: (604) 678-3698
E-mail: DrewD@trezcapital.com.
Mr. Michael J.R. Nisker
President & Chief Executive Officer
Trez Capital Mortgage Investment Corporation
Tel: (416) 350-1299
E-mail: MichaelN@trezcapital.com