Calgary, Alberta–(Newsfile Corp. – June 18, 2020) – Builders Capital Mortgage Corp. (TSXV: BCF) (the “Company“) announced today that its board of directors has declared a distribution of $0.1995 per Class A Non-Voting share of the Company. The distribution will be paid on July 31, 2020 to holders of Class A Non-voting shares of record on June 30, 2020.
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 91-day period from April 1, 2020 to June 30, 2020.
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
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.