Toronto, Ontario--(Newsfile Corp. - April 9, 2018) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX: AI.DB) (TSX:
AI.DB.A) (TSX: AI.DB.B) (TSX: AI.DB.C) is pleased to announce that the underwriters of its previously completed public offering of
common shares exercised in full their over-allotment option, resulting in the issue of an additional 360,000 shares at a price of
$12.50 per share. The exercise of the over-allotment option brings the total gross proceeds of the public offering to $34,500,000.
The underwriting syndicate for the offering of shares was bookrun by TD Securities Inc. and RBC Capital Markets and co-led by CIBC
Capital Markets, and included Scotiabank, BMO Capital Markets, National Bank Financial Inc., Canaccord Genuity Corp., GMP
Securities L.P., Industrial Alliance Securities Inc. and Raymond James Ltd.
Atrium will use the net proceeds of the offering to fund current mortgage loan opportunities and/or to repay existing
indebtedness under its revolving operating credit facility, which will then be available to be drawn, as required, for general
corporate purposes, particularly funding future mortgage loan opportunities.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being
offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state
securities laws, and may not be offered or sold in the United States unless an exemption from registration is available. This news
release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any
securities of Atrium in any jurisdiction.
About Atrium
Canada's Premier Non-Bank Lender™
Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the
stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure
dividends and preserve shareholders' equity by lending within conservative risk parameters.
Atrium is a Mortgage Investment Corporation (MIC) as defined in the Income Tax Act (Canada), so is not taxed on income
provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year.
Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the
mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to
regulatory filings available at www.sedar.com or Atrium's website at
www.atriummic.com.
For further information, please contact
Robert G. Goodall
President and Chief Executive
Officer
Jennifer Scoffield
Chief Financial Officer
(416) 867-1053
info@atriummic.com
www.atriummic.com
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES.
