November 19, 2012 at 19:17 PM EST
Trez Capital Mortgage Investment Corporation Announces November 2012 Distribution

VANCOUVER, Nov. 19, 2012 /CNW/ - Trez Capital Mortgage Investment Corporation (the "Company") announced today that its board of directors has declared its fourth monthly distribution of $0.0583 per Class A share of the Company.  The distribution will be paid on December 14, 2012 to holders of Class A shares of record on November 30, 2012.  As of November 19, 2012, there were 23,000,000 Class A shares outstanding.

About the Company

The objectives of the Company are to acquire and maintain a diversified portfolio of mortgages on real property in Canada that preserves capital and generates attractive returns in order to permit the Company to pay monthly distributions to its shareholders.  The initial amount of the monthly distributions is approximately $0.0583 per Class A Share ($0.70 per annum) representing an annual cash distribution of 7.0% based on the $10 issue price of the Class A Shares.  The Company seeks to accomplish its investment objectives through prudent investments in mortgages on real property in Canada 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

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here