Trez Capital Senior Mortgage Investment Corporation Issues $4.15 Million Additional Shares

VANCOUVER, Jan. 4, 2013 /CNW/ - Trez Capital Senior Mortgage Investment Corporation (the "Company") announced today that it has completed the issuance of an additional 415,000 Class A Shares for gross proceeds of $4,150,000.  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 $89,150,000.

The offering was made through a syndicate of agents co-led by RBC Dominion Securities Inc., CIBC World Markets Inc. and Canaccord Genuity Corp. and including BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Macquarie Private Wealth Inc., Raymond James Ltd., GMP Securities L.P., and Manulife Securities Incorporated.

The objectives of the Company are to acquire and maintain a diversified portfolio of first ranking 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 $0.0417 per Class A Share ($0.50 per annum) representing an annual cash distribution of 5.0% 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 Fund Management Limited Partnership is the manager of and portfolio advisor to the Company.

SOURCE: Trez Capital Senior Mortgage Investment Corporation

For further information:

Mr. Michael J.R. Nisker
Managing Partner
Trez Capital Fund Management Limited Partnership
Tel:  (416) 350-1299
E-mail:  MichaelN@trezcapital.com.