TORONTO, Jan. 14, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), is pleased to announce the closing of a US$40 million secured corporate line of credit (the âLOCâ) with Texas Capital Bank (âTexas Capitalâ). The LOC replaces the previous corporate credit facility the Company had with a Canadian… [Read More]
Terra Firma Capital Reports Q3 2019 Financial Results
24% GROWTH IN REVENUE YEAR OVER YEAR48% GROWTH IN ADJUSTED NET INCOME AND COMPREHENSIVE INCOME(1) YEAR OVER YEARCOMPANY DECLARES Q4 DIVIDENDS All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), a real estate finance company,… [Read More]
Terra Firma Capital Corporation Announces the Closing of a First Mortgage Loan Totaling US$24.4 Million in Austin, Texas
US$24.4 million loan origination represents largest transaction to date 2019 year-to-date loan originations at approximately US$88.5 million TORONTO, Oct. 01, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), is pleased to announce the closing of a first mortgage loan (the âLoanâ) totaling US$24.4 million secured by a 422… [Read More]
Terra Firma Capital Corporation Announces Common Share Consolidation
TORONTO, Sept. 23, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), a real estate finance company, today announced that it is proceeding with its proposed consolidation (the âConsolidationâ) of its share capital on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share. The… [Read More]
Terra Firma Capital Corporation Announces Second Quarter 2019 Financial Results
30% GROWTH IN REVENUE YEAR OVER YEAR111% GROWTH IN ADJUSTED NET INCOME(1) YEAR OVER YEAR All amounts are stated in United States dollars TORONTO, Aug. 23, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), a real estate finance company, today released its financial results for the three and… [Read More]
Terra Firma Capital Corporation Announces Stock Options Grants
TORONTO, June 14, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), announced today that subject to regulatory approval and pursuant to the terms of its share option plan, it has granted options on June 12, 2019, to Mr. John Kaplan in recognition for his services to the Company… [Read More]
Terra Firma Capital Corporation to Initiate a Quarterly Dividend
TORONTO, June 12, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), is pleased to announce that given its cash generation profile and shareholder return objectives, the Company will be initiating a quarterly dividend program starting in the third quarter. The board of directors has declared the Companyâs initial… [Read More]
Terra Firma Capital Corporation Announces the Closing of a Land Banking Transaction Totaling US$6 Million in Jacksonville, Florida
2019 year-to-date transactions at approximately US$50 million 2019 year-to-date transactions at approximately US$50 million
Terra Firma Capital Corporation to Seek Approval for Consolidation
TORONTO, May 21, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, announced today that it will hold its annual and special meeting of shareholders on June 17, 2019 (the “Meeting”). At that meeting, among other things, shareholders will have the opportunity to consider,… [Read More]
Terra Firma Capital Corporation Reports First Quarter 2019 Financial Results
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Terra Firma Capital Corporation Announces The Closing Of Two Land Banking Transactions Totaling US$24 Million (CDN$33 Million) In Austin, Texas
TORONTO, May 07, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of two land banking transactions (the “Investments”) totaling US$24 million (CDN$33 million) in two separate locations in the Austin MSA. Both sites will be developed by a local well known developer. … [Read More]
Terra Firma Capital Corporation Announces the Expansion of Its U.S. Credit Facility With Texas Capital Bank to US$35 Million (CDN$47 Million)
TORONTO, May 06, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the expansion of its current debt facility with Texas Capital Bank from US$20 million to US$35 million. The expanded debt facility will be utilized to support the funding of additional loans and investments… [Read More]
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