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
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