VANCOUVER, March 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 April 15, 2013 to holders of
Class A shares of record on March 29, 2013. As of March 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
The Company'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. Michael J.R. Nisker
President & Chief Executive Officer
Trez Capital Mortgage Investment Corporation
Tel: (416) 350-1299
E-mail: MichaelN@trezcapital.com
Mr. Drew de Wynter
Senior Director, Finance
Trez Capital
Tel: (604) 678-3698
E-mail: DrewD@trezcapital.com.