Terra Firma Capital Declares Quarterly Dividend
May 14 2020 - 9:00AM
Terra Firma Capital Corporation (TSX-V: TII), a real estate finance
company, today announced that its Board of Directors has declared a
quarterly cash dividend of CAD$0.05 per common share, payable on
July 15, 2020, to shareholders of record as of the close of
business on June 30, 2020.
About Terra Firma
Terra Firma is a full service, publicly traded
company that provides financings secured by investment properties
and real estate developments in Canada and throughout the United
States. The Company focuses on arranging and providing financing
with flexible terms to real estate developers and owners who
require shorter-term loans to bridge a transitional period of one
to five years where they require capital at various stages of
development or redevelopment of a property. These loans are
typically repaid with lower cost, longer-term debt obtained from
other Canadian financial institutions once the applicable
transitional period is over or the redevelopment is complete, or
from proceeds generated from the sale of the real estate assets.
Terra Firma offers a full spectrum of real estate financing under
the guidance of strict corporate governance, clarity and
transparency. For further information please visit Terra Firma’s
website at www.tfcc.ca.
The TSX-V has neither approved nor disapproved
the contents of this press release. The TSX-V does not accept
responsibility for the adequacy or accuracy of this press
release.
For further information, please contact:
Terra Firma Capital CorporationGlenn
WatchornChief Executive OfficerPhone:
416.792.4702gwatchorn@tfcc.ca
or
Terra Firma Capital CorporationY. Dov
MeyerExecutive ChairmanPhone: 416.792.4709ydmeyer@tfcc.ca
or
Ali MahdaviManaging DirectorSpinnaker Capital
Markets Inc.Phone: 416.962.3300am@spinnakercmi.com
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