Terra Firma Capital Declares Quarterly Dividend
June 20 2022 - 4:00PM
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$0.06 per common share, payable on
July 15, 2022, to shareholders of record as of the close of
business on June 30, 2022.
About Terra Firma
Terra Firma is a full-service, publicly-traded
real estate finance company that provides financing secured by
investment properties and real estate developments throughout the
United States and Canada. 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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