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Press release from CNW Group

Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends

Thursday, January 19, 2012

Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends11:25 EST Thursday, January 19, 2012TORONTO, Jan. 19, 2012 /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  January 31, 2012 February 29, 2012 March 31, 2012 April 30, 2012  Dividend PayableFebruary 15, 2012March 15, 2012April 16, 2012May 15, 2012The 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.comFor further information: Eli Dadouch President & Chief Executive Officer (416) 635-0221