Trez Capital Mortgage Investment Corporation Announces July 2017 Distribution
TORONTO, July 19, 2017 /CNW/ - Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the "Company") announced today that its board of directors has declared a distribution of $0.0583 per Class A share of the Company. The distribution, which constitutes a return of capital will be paid on August 15, 2017 to holders of Class A shares of record on July 31, 2017. As of July 19, 2017, there were 12,202,841 Class A shares outstanding. The Company intends to continue with similar monthly distributions until further notice.
About the Company
The Company holds a diversified portfolio of mortgages in Canada. Trez Capital Fund Management Limited Partnership is the manager of and portfolio advisor to the Company. On June 16, 2016 the Shareholders of the Company approved the orderly wind-up of the Company. Under the orderly wind-up plan the Company will distribute the net proceeds through special distributions, the repurchase of shares pursuant to the normal course issuer bid, or otherwise.
SOURCE Trez Capital
Karyn Phuong, Vice President, Investor Relations, Trez Capital, Tel: 647-788-1788, Email: [email protected]
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