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BRIEF-Frontfour To Acquire Class A Shares Of Trez Capital Mortgage Investment Corp

Published 2018-08-20, 09:08 p/m
BRIEF-Frontfour To Acquire Class A Shares Of Trez Capital Mortgage Investment Corp
TZZ
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Aug 20 (Reuters) - Trez Capital Mortgage Investment Corp TZZ.TO :

* FRONTFOUR PROPOSES TO ACQUIRE CLASS A SHARES OF TREZ CAPITAL MORTGAGE INVESTMENT CORPORATION

* FRONTFOUR CAPITAL CORP- MADE PROPOSAL TO BOARD OF DIRECTORS OF TREZ CAPITAL MORTGAGE INVESTMENT CORPORATION

* FRONTFOUR CAPITAL CORP- PROPOSAL TO ALL SHAREHOLDERS TO RECEIVE CASH FOR TZZ CLASS A SHARES OR REMAIN INVESTED IN TZZ AND PARTICIPATE IN NEW STRATEGIC PATH

* FRONTFOUR CAPITAL CORP - PROPOSAL CONTEMPLATES THAT OFFER WILL BE COMPLETED BY EARLY NOVEMBER 2018

* FRONTFOUR CAPITAL CORP- CURRENTLY INTENDS TO PROCEED WITH OFFER ON CONSENSUAL BASIS

* FRONTFOUR CAPITAL CORP- IF OFFER IS SUCCESSFUL WOULD PROPOSE TO CHANGE DIRECTORS AND MANAGEMENT OF TZZ AND STRATEGIC PLAN OF TZZ

* FRONTFOUR CAPITAL CORP -FRONTFOUR MAY PROCEED WITH TRANSACTION WHICH ACHIEVES SAME RESULT IN A DIFFERENT MANNER OR FORM

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