Firm Capital Mortgage Investment Corporation announces monthly cash dividends

TORONTO, Aug. 20, 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   Dividend Payable
August 31, 2012  September 17, 2012 
September 30, 2012  October 15, 2012   
October 31, 2012   November 15, 2012
November 30, 2012 December 17, 2012

The 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.com

SOURCE: Firm Capital Mortgage Investment Corporation

For further information:

Eli Dadouch
President & Chief Executive Officer
(416) 635-0221
www.firmcapital.com