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Enter Symbol
or Name
USA
CA



Mosaic Capital Corp
Symbol M
Shares Issued 8,170,575
Close 2014-12-18 C$ 11.35
Market Cap C$ 92,736,026
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ORIGINAL: Mosaic Capital Corporation Confirms December 2014 Distribution in Respect of its Preferred Securities

2014-12-18 21:35 ET - News Release

Mosaic Capital Corporation Confirms December 2014 Distribution in Respect of its Preferred Securities



Calgary, Alberta (FSCwire) - Mosaic Capital Corporation ("Mosaic") (TSX-V Symbols: M, M.PR.A and M.WT) is pleased to announce that the cash distribution for the month of December 2014 in respect of its preferred securities will be paid on January 15, 2015 to all holders of preferred securities of record as of December 31, 2014.  The December distribution will be $0.0833 per preferred security.

 

For Canadian income tax purposes the monthly distribution in respect of the preferred securities is considered interest income in the hands of the recipient.

 

ABOUT MOSAIC CAPITAL CORPORATION

 

Mosaic is an investment company based in western Canada that owns a portfolio of established businesses with competitive advantages that have a history of generating cash flow from their operations. Mosaic's objective is to create long term value for its shareholders and business partners and to have that reflected in its share price. Mosaic believes that this is achieved by growing free cash flow per share and retained earnings. Mosaic does this by acquiring businesses it understands at attractive prices, managing risk through extensive due diligence, creative transaction structuring and working closely with subsidiary businesses after acquisition.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

 

Tim Taylor

Vice President

Mosaic Capital Corporation
400, 2424 – 4th Street SW
Calgary, AB  T2S 2T4

 

T:   (403) 270-4658
E:   ttaylor@mosaiccapitalcorp.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/mosaic12182014.pdf

Source: Mosaic Capital Corporation (TSX Venture:M) http://www.mosaiccapitalcorp.com/

 

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