02:18:03 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Eclipse Residential Mortgage Investment Corp
Symbol ERM
Shares Issued 2,479,998
Close 2017-01-19 C$ 9.72
Market Cap C$ 24,105,581
Recent Sedar Documents

Eclipse reinstates distribution reinvestment plan

2017-01-20 12:28 ET - News Release

An anonymous director reports

ECLIPSE RESIDENTIAL MORTGAGE INVESTMENT CORPORATION ANNOUNCES DISTRIBUTION REINVESTMENT PLAN

Eclipse Residential Mortgage Investment Corp. has reinstated its distribution reinvestment plan. As previously announced, the distribution reinvestment plan has been amended as a result of the transition of Eclipse from the Canadian securities regulatory regime for investment funds to the Canadian securities regulatory regime for reporting issuers that are not investment funds, which was effective Jan. 4, 2017. Eligible holders of common shares may elect to participate in the distribution reinvestment plan for common shares beginning with the Jan. 31, 2017, record date.

The distribution reinvestment plan provides shareholders with the ability to automatically reinvestment monthly dividends in additional common shares of Eclipse, commission free, and realize the benefits of compound growth. Shareholders can enroll in the distribution reinvestment plan by contacting their investment advisers.

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