Brief: Terra Firma Capital Corp says Q1 revenue rose 7 percent to c$4.3 mln

Terra Firma Capital

11/05/2016 13:00

May 11 (Reuters) - Terra Firma Capital Corp  TII.V  
    * On april 25, 2016, one of co's borrowers filed notice of 
intention to make proposal under bankruptcy and insolvency act 
(canada) 
    * Total loan exposure to borrower is approximately $13.9 
million and is secured 
    * Already commenced enforcing its security on loans, but 
process has been temporarily stayed by filing of noi 
    * In short term, anticipate that there may be a negative 
impact on ability to earn income on outstanding amounts 
    * Terra firma capital corporation reports results for the 
three months ended march 31, 2016 
    * Q1 revenue rose 7 percent to c$4.3 million 
    * Q1 earnings per share c$0.00 
    * Q1 earnings per share view c$0.02 -- Thomson Reuters 
I/B/E/S 
 
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Further company coverage:  TII.V  
 
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