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Press release from CNW Group

Trez Capital Mortgage Investment Corporation issues $15 million additional shares

Tuesday, June 12, 2012

Trez Capital Mortgage Investment Corporation issues $15 million additional shares08:55 EDT Tuesday, June 12, 2012VANCOUVER, June 12, 2012 /CNW/ - Trez Capital Mortgage Investment Corporation (the "Company") announced today that it has completed the issuance of an additional 1,500,000 Class A Shares for gross proceeds of $15,000,000.  The Class A Shares were issued pursuant to the exercise of the over-allotment option granted to the agents in connection with the Company's recently completed initial public offering.  With the exercise of the over-allotment option, the total gross proceeds raised by the Company was $115,000,000.The offering was made through a syndicate of agents co-led by RBC Dominion Securities Inc., Canaccord Genuity Corp. and CIBC World Markets Inc. and including BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., GMP Securities L.P., Raymond James Ltd., Macquarie Private Wealth Inc., Desjardins Securities Inc., Mackie Research Capital Corporation and Manulife Securities Incorporated.The objectives of the Company are to acquire and maintain a diversified portfolio of mortgages on real property in Canada that preserves capital and generates attractive returns in order to permit the Company to pay monthly distributions to its shareholders.  The initial amount of the monthly distributions will be approximately $0.0583 per Class A Share ($0.70 per annum) representing an annual cash distribution of 7.0% based on the $10 issue price of the Class A Shares.  The Company will seek to accomplish its investment objectives through prudent investments in mortgages on real property in Canada to qualified real estate investors and developers, focusing primarily on short-term bridge financing needs not currently serviced by traditional real estate lenders.  Trez Capital Limited Partnership is the manager of and portfolio advisor to the Company.For further information: Mr. Michael J.R. Nisker Managing Partner Trez Capital Limited Partnership Tel:  (416) 350-1299 E-mail:  MichaelN@trezcapital.com.