Mosaic Capital Corporation Initiates Dividend on Common Shares

Mosaic Capital Corporation ("Mosaic") (TSX-V Symbols: M and M.PR.A) is pleased to announce that its Board of Directors has adopted a policy to pay a regular quarterly dividend on Mosaic's common shares (TSX-V Symbol: M) in such amount as Mosaic's Board of Directors may from time to time determine. Today, Mosaic also announced that its Board of Directors has declared an initial quarterly cash dividend for its common shares of $0.02 per share to be paid on February 15, 2012 to holders of record on January 31, 2012. The objective of paying a dividend is to allow common shareholders of the company to participate in its free cash flow, while ensuring Mosaic retains sufficient capital to preserve its strong balance sheet, continue its acquisition strategy and fund organic growth.... Read more