Brief: Trez Capital Senior Mortgage completes strategic review process

Standard Mercantile Acquisition

09/05/2016 12:45

May 9 (Reuters) - Trez Capital Senior Mortgage Investment 
Corp  TZS.TO  : 
    * Under orderly wind-up plan, company will cease originating 
new loans and all mortgage renewal activity 
    * A go-forward plan by way of an orderly wind-up of 
company's assets and return of capital to shareholders 
    * Orderly wind-up plan will be put forward for shareholder 
approval at  upcoming annual and special meeting 
    * Intends to maintain current dividend until board deems it 
no longer appropriate under orderly wind-up plan 
    * Annual and special meeting has been rescheduled from may 
30, 2016 to june 16, 2016 
    * Special committee announces completion of strategic review 
process and rescheduled meeting date 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCCN1C89VB 
Further company coverage:  TZS.TO  
 
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