Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends

TORONTO, April 17, 2013 /CNW/ - Firm Capital Mortgage Investment Corporation ("MIC") (TSX: FC), announced its monthly cash dividend of $0.078 per share (subject to adjustment in the discretion of the board of directors) payable to shareholders of record as follows:

Record Date   April 30, 2013   May 31, 2013   June 30, 2013

Dividend Payable May 15, 2013 June 17, 2013    July 15, 2013

The MIC, through its Mortgage Banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate finance, including construction, mezzanine and equity investments.  The MIC's investment objective is the preservation of Shareholders' Equity, while providing Shareholders with a stable stream of monthly dividends from investments. The MIC achieves its investment objectives by pursuing a strategy of growth through investments in selected niche markets that are under-serviced by large lending institutions. Lending activities to date continue to develop a diversified mortgage portfolio, producing a stable return to Shareholders. For more information, please visit www.firmcapital.com

SOURCE: Firm Capital Mortgage Investment Corporation

please contact:

Eli Dadouch
President & Chief Executive Officer
[phone]
www.firmcapital.com