LEAWOOD, Kan. -- (Business Wire)
The Board of Directors of Tortoise Capital Resources Corp. (NYSE: TTO)
today declared the company's first quarter 2012 distribution of $0.11
per share, consistent with the prior quarter. The distribution is
payable on March 1, 2012 to stockholders of record on Feb. 22, 2012.
TTO expects its investments to support a sustainable annualized
distribution of not less than $0.44 per share. The company’s objective
is to provide stockholders an attractive risk-adjusted total return,
with an emphasis on distributions and distribution growth. The final tax
character of this distribution cannot yet be determined.
2011 Fiscal Year End Earnings Release Schedule Announced
The company also announced that on Monday, Feb. 13, 2012, it will report
its earnings results for its fiscal year ended Nov. 30, 2011.
The company will host a conference call on Tuesday, Feb. 14, 2012 at
1:00 p.m. CST to discuss its financial results. Please dial into the
call at 877-407-9210 approximately five to ten minutes prior to the
scheduled start time.
The call will also be webcast in a listen-only format. A link to the
webcast will be accessible at www.tortoiseadvisors.com.
A replay of the call will be available until 11:59 p.m. CST February 29,
2012, by dialing 877-660-6853. The ID # for playback is 286 and the
Conference ID # is 388587. A replay of the webcast will also be
available on the company’s website at www.tortoiseadvisors.com
through Feb. 14, 2013.
About Tortoise Capital Resources Corp.
Tortoise Capital Resources Corp. (NYSE: TTO) is an energy infrastructure
asset financing company that provides capital to pipeline, storage and
power transmission operators. TTO’s portfolio includes companies and
real assets with long-term, stable cash flows, limited commodity price
sensitivity, and growth opportunities. TTO is managed by Corridor
InfraTrust Management, LLC.
About Corridor InfraTrust Management
Corridor InfraTrust Management, LLC is an asset manager specializing in
financing the acquisition or development of real property infrastructure
assets. Corridor is Manager of Tortoise Capital Resources Corp. (NYSE:
TTO). Corridor is an affiliate of Tortoise Capital Advisors, L.L.C., an
investment manager specializing in listed energy infrastructure
investments with approximately $7.8 billion of assets under management
as of January 31, 2012. For more information, visit Corridor’s website
at www.corridortrust.com.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer or solicitation or sale
would be unlawful prior to registration or qualification under the laws
of such state or jurisdiction.
Forward-Looking Statement
This press release contains certain statements that may include
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. All statements, other than statements of historical fact, included
herein are "forward-looking statements." Although the company and
Corridor InfraTrust Management, LLC believe that the expectations
reflected in these forward-looking statements are reasonable, they do
involve assumptions, risks and uncertainties, and these expectations may
prove to be incorrect. Actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety
of factors, including those discussed in the company's reports that are
filed with the Securities and Exchange Commission. You should not place
undue reliance on these forward-looking statements, which speak only as
of the date of this press release. Other than as required by law, the
company and Corridor InfraTrust Management, LLC do not assume a duty to
update this forward-looking statement. Any distribution paid in the
future to our stockholders will depend on the actual performance of the
company, its costs of leverage and other operating expenses and will be
subject to the approval of the company's Board and compliance with
leverage covenants.

Contacts:
Tortoise Capital Advisors, L.L.C.
Pam Kearney, 866-362-9331
Investor
Relations
pkearney@tortoiseadvisors.com
Source: Tortoise Capital Resources Corp.
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