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Mosaic Capital Corporation Confirms March 2014 Distribution In Respect Of Its Preferred Securities
Mosaic Capital Corporation Confirms March 2014 Distribution In Respect Of Its Preferred Securi...
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[{"type":"text","content":"Mosaic Capital Corporation Confirms March 2014 Distribution In Respect Of Its Preferred SecuritiesMosaic Capital Corporation Confirms March 2014 Distribution In Respect Of Its Preferred Securities\n\nCalgary, Alberta CANADA, March 18, 2014 /FSC/ - Mosaic Capital Corporation(\"Mosaic\") (TSX-V Symbols: M and M.PR.A) is pleased to announce that the cash distribution for the month of March 2014 in respect of its preferred securities will be paid on April 15, 2014 to all holders of preferred securities of record as of March 31, 2014.  The March distribution will be $0.0833 per preferred security. \n\nFor Canadian income tax purposes the monthly distribution in respect of the preferred securities is considered interest income in the hands of the recipient.\n\nABOUT MOSAIC CAPITAL CORPORATION\n\nMosaic is an investment company based in western Canada that owns a portfolio of established businesses that have a history of generating strong sustainable cash flow from their operations.  Mosaic's objective is to create long term value for our shareholders and business partners and to have that reflected in our share price. We believe that this is achieved by growing free cash flow per share and retained earnings.  We do this by acquiring businesses that we understand at attractive prices and we manage our risk through extensive due diligence, creative transaction structuring and working closely with our businesses after acquisition.\n\nFOR FURTHER INFORMATION PLEASE CONTACT:\n\nTim Taylor\nVice President\nMosaic Capital Corporation\n400, 2424 - 4th Street SW\nCalgary, AB  T2S 2T4\n\nT:\t(403) 270-4658\nE:\[email protected]\n\nNeither 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.\n\nTo view the press release as a PDF, please click on the following link:\nhttp://www.usetdas.com/pr/mosaic03182014.pdf\n\n\n\nSource: Mosaic Capital Corporation (TSXV: M - TSXV: M.PR.A)\nMaximum News Dissemination by FSCwire. http://www.fscwire.com\n","length":2356,"tagName":"div"}]