Firm Capital Mortgage Investment Corporation announces appointment of The Hon. Joe Oliver as new Independent Director

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[{"type":"text","content":"\n\n\n\nFirm Capital Mortgage Investment Corporation announces appointment of The Hon. Joe Oliver as new Independent Director\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nFirm Capital Mortgage Investment Corporation announces appointment of The Hon. Joe Oliver as new Independent Director\nCanada NewsWire\nTORONTO, March 31, 2016\n\n\n\nTSX Symbol FC\n\n\n\nTORONTO, March 31, 2016 /CNW/ - Firm Capital Mortgage Investment Corporation (the \"Corporation\") (TSX : FC) is pleased to announce the appointment of The Honourable Joe Oliver, P.C. as a new independent director.\n\nJoe Oliver is the former Minister of Finance, Minister of Natural Resources and Member of Parliament for Eglinton—Lawrence.\n\nPrior to his career in government, Joe Oliver was a senior investment banker with Merrill Lynch, Nesbitt Thomson and First Marathon. He also served as the Executive Director of the Ontario Securities Commission and later as President and CEO of the Investment Dealers Association of Canada.\n\nJoe Oliver graduated with a BA and BCL from McGill University and an MBA from the Harvard Graduate School of Business.\n\nEli Dadouch, President & CEO of the Corporation, stated, \"We are pleased to announce the appointment of Joe Oliver as a member of the Board. Joe will bring added wisdom and experience to the Board.\"\n\nStanley Goldfarb, Chairman of the Board of the Corporation, stated, \"As Chairman of the Board, we are excited to have Mr. Oliver join the board and provide additional experience.\"\n\nABOUT THE CORPORATIONThe Corporation, through its mortgage banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine and equity investments. The Corporation's investment objective is the preservation of shareholders' equity, while providing shareholders with a stable stream of monthly dividends from investments. The Corporation achieves its investment objectives through investments in selected niche markets that are under-serviced by large lending instit...

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