BETHESDA, Md., Aug. 2, 2017 /PRNewswire/ -- MTGE
Investment Corp. ("MTGE" or the "Company") (Nasdaq: MTGE) announced today that it has established an "at the market" equity
offering program under which the Company may offer and sell, from time-to-time, up to $125,000,000
aggregate offering price of shares of its common stock in "at the market" transactions through Cantor Fitzgerald & Co. and
Wells Fargo Securities, LLC, as sales agents (the "ATM Facility"). As of the date of this press release, the ATM Facility
has not been utilized, and no shares have been sold under the ATM Facility.
MTGE intends to use net proceeds from any such sales of its common stock to finance the acquisition of agency securities,
non-agency securities (including credit risk transfer securities), other mortgage-related assets, other real estate investments
(including healthcare real estate investments) and hedging instruments and for other general corporate purposes. Pending
this utilization, the Company may invest the net proceeds from the offering in readily marketable, short-term, interest-bearing
investments.
The Company has filed a registration statement (including a prospectus and a related prospectus supplement) with the
Securities and Exchange Commission ("SEC") for the offering of shares of common stock described in this press release.
Prior to investing, prospective investors should read the prospectus in that registration statement, the related prospectus
supplement and other documents the Company has filed with the SEC for more complete information about the Company and this
offering. These documents may be obtained for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus supplement and the accompanying prospectus relating
to these securities may be obtained by contacting Cantor Fitzgerald & Co., Attention: Equity Capital Markets, 110 East 59th
Street, New York, New York 10022, telephone: 212-829-7122 or Wells Fargo Securities, LLC,
Attention: Equity Syndicate Department, 375 Park Avenue, 4th Floor, New York, New
York 10152, telephone 800-326-5897 or email cmclientsupport@wellsfargo.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, nor
shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such jurisdiction.
ABOUT MTGE INVESTMENT CORP.
MTGE Investment Corp. is a real estate investment trust that invests in and manages a leveraged portfolio of agency
mortgage investments, non-agency mortgage investments and other real estate-related investments. The Company is externally
managed and advised by MTGE Management, LLC, an affiliate of AGNC Investment Corp. (Nasdaq: AGNC).
FORWARD LOOKING STATEMENTS
This press release contains statements that constitute "forward-looking statements," including with regard to the
Company's securities offering and the anticipated use of the net proceeds. These statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. No assurance can be given that the securities
offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be
used as indicated. Completion of the securities offering on the terms described, and the application of net proceeds, are
subject to numerous conditions, many of which are beyond the control of the Company, including, without limitation, changes in
interest rates; changes in the yield curve; changes in prepayment rates; the availability and terms of financing; changes in the
market value of our assets; general economic conditions; market conditions; conditions in the markets for our target asset
classes; legislative and regulatory changes that could adversely affect the business of the Company; and other factors, including
those set forth in the Risk Factors section of the Company's periodic reports and other documents filed with the Securities and
Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after
the date of this release.
CONTACT:
Investor Relations - (301) 968-9220
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SOURCE MTGE Investment Corp.