CALGARY, Alberta, March 20, 2018 (GLOBE NEWSWIRE) -- Builders Capital Mortgage Corp. (the “Company”) (TSXV:BCF) announced today that its board of directors has declared a distribution of $0.1973 per Class A Non-Voting share of the Company. The distribution will be paid on April 30, 2018 to holders of Class A Non-voting shares of record on March 31, 2018.
The amount of the distribution is equivalent to approximately $0.80 per Class A Non-Voting share, or 8% on the original $10.00 issue price, per annum prorated for the 90 day period from January 1, 2018 to March 31, 2018.
For further information, please contact:
John Strangway, Chief Financial Officer
Telephone: (403) 685-9888
Builders Capital Mortgage Corp.
Suite 405, 1210 – 8th Street SW
Calgary, Alberta T2R 1L3
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source:Builders Capital Mortgage Corp.