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TORONTO, March 19, 2013 (GLOBE NEWSWIRE) -- Atrium Mortgage Investment Corporation (TSX:AI) will hold its Annual General and Special Meeting of Shareholders at the TSX Gallery, 130 King Street West, Toronto M5X 1J2, at 10:00 a.m. EDT on Wednesday, April 10, 2013.
Q1 2013 Results
The company expects to release its financial results for the first quarter ended March 31, 2013 on April 25, 2013, and will host a conference call for investors and shareholders to discuss its results on Monday April 29, 2013 at 4:00 p.m. EDT. To listen to the conference call live, please call (866) 212-4491 or (416) 800-1066 on Monday, April 29, 2013 at 4:00 p.m. EDT.
Atrium Mortgage Investment Corporation is a non-bank provider of residential and commercial real estate finance. Atrium lends primarily in major urban centres in Canada where the stability and liquidity of real estate are at the highest levels. Canadian Mortgage Capital Corporation (CMCC) is responsible for originating, underwriting, servicing and syndicating Atrium's mortgage loans. CMCC has been Atrium's exclusive manager since its formation and has grown Atrium's business to a mortgage portfolio of approximately $220 million. CMCC has been in the business of originating and underwriting mortgage loans for over 18 years and servicing mortgage loans for over 13 years.
Atrium is a Mortgage Investment Corporation (MIC) as defined in Section 130.1(6) of the Canada
Income Tax Act (ITA). Accordingly, the company is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to Atrium's 2012 Annual Report and other documents available at
www.sedar.com and at
CONTACT: Atrium Mortgage Investment Corporation
Robert G. Goodall
President and Chief Executive Officer
Atrium Mortgage Investment Corporation
Jeffrey D. Sherman
Chief Financial Officer