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TORONTO, April 6 /CNW/ - Tricon Capital Group Inc. (TSX: TCN) ("Tricon"
or the "Company"), a leading North American asset manager, will pay its
third quarterly dividend as a public company in the amount of $0.06 per
share on April 15, 2011, to all shareholders of record as of March 31,
About Tricon Capital Group Inc.
Founded in 1988, Tricon is one of North America's pre-eminent asset
managers focused on the residential real estate development industry
with approximately $1 billion of assets under management. Tricon
participates in the development of residential properties in Canada and
the United States by acting as the manager of limited partnerships that
provide financing, typically in the form of participating loans, to
developers, with a specific focus on residential land development,
single-family homebuilding, multi-family construction and retail
developed in conjunction with residential projects. Since inception,
Tricon has invested in over 140 transactions for development projects
valued at approximately $9 billion. More information about Tricon is
available at www.triconcapital.com.
This press release may contain forward-looking statements relating to
expected future events and financial and operating results and
projections of the Company, including statements regarding future
plans, objectives or economic performance that involve risks and
uncertainties. Forward-looking information and statements are based on
management's expectations, intentions and assumptions. If unknown
risks arise, or if any of the assumptions underlying the
forward-looking statements prove incorrect, actual results may differ
materially from management expectations as projected in such
forward-looking statements. Examples of such risks include, but are not
limited to, the risks disclosed in the Company's final prospectus dated
May 14, 2010 as available at www.sedar.com and the risks described in the Company's continuous disclosure
materials from time-to-time. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, unless
required by applicable law.
SOURCE Tricon Capital Group Inc.
For further information:
Chief Financial Officer