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Mosaic Capital Corporation Increases Quarterly Dividend on Common Shares By 100%


Mosaic Capital Corporation Increases Quarterly Dividend on Common Shares By 100%

Calgary, Alberta CANADA, October 16, 2013 /FSC/ – Mosaic Capital Corporation (M – TSX Venture, M.PR.A – TSX Venture), (“Mosaic”), is pleased to announce that its Board of Directors has approved the doubling of the quarterly dividend on Mosaic’s common shares increasing it from $0.03 per share to $0.06 per share (or $0.24 per share on an annualized basis). A dividend at the new rate of $0.06 per share has been declared and will be paid November 15, 2013 to holders of record on October 31, 2013.

“I am very pleased to announce the increase in the dividend to our common shareholders today,” commented John Mackay, Executive Chairman and CEO. Mr. Mackay added, “When we initiated our dividend in January of 2012 our intention was to take a balanced approach of returning a portion of our free cash flow to our shareholders. As we continue to grow our businesses and make acquisitions, it is our intent for shareholders to continue to participate in the growth of our free cash flow through a growing dividend. I believe that the capital structure of Mosaic along with our investment philosophy of acquiring great businesses with strong management teams and a history of free cash flow makes Mosaic a good vehicle for dividend growth. With capital available for deployment and a strong pipeline of deal flow, we are very well positioned for future acquisitions.”


Mosaic is an investment company based in western Canada that owns a portfolio of established businesses that have a history of generating 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.

We strongly encourage the management teams of our operating companies to continue to look for acquisitions that would facilitate their entry into new markets or increase their product or service offerings. We are actively looking for businesses in a variety of industries that fit our investment model.

Our preferred acquisition criteria for such transactions include the following:

. Demonstrated history of growing sustainable cash flow and operating in an industry which we believe has good growth potential

. A capable and experienced management team that is growth oriented

. The business should have a significant market share in its business area

. A unique competitive advantage

. Ability to grow the business without significant amounts of new capital


Tim Taylor

Vice President

Mosaic Capital Corporation

400, 2424 – 4th Street SW

Calgary, AB T2S 2T4

Tel: (403) 270-4658

Neither 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.

This news release may contain forward-looking information and statements within the meaning of applicable Canadian securities laws (herein referred to as “forward-looking statements”) that involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All information and statements in this press release which are not statements of historical fact may be forward-looking statements. The words “believe”, “expect”, “intend”, “estimate”, “anticipate”, “project”, “scheduled”, and similar expressions, as well as future or conditional verbs such as “will”, “should”, “would”, and “could” often identify forward-looking statements. In particular this news release may contain forward-looking statements regarding anticipated operating performance for Mosaic. Such statements or information, if any, are only predictions and reflect the current beliefs of management with respect to future events and are based on information currently available to management. Actual results and events may differ materially from those contemplated by these forward-looking statements due to these statements being subject to a number of risks and uncertainties. Undue reliance should not be placed on these forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature forward-looking statements involve assumptions and known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, projections and other forward-looking statements will not occur. A number of factors could cause actual results to differ materially from the results stated in or implied by the forward-looking statements, including, but not limited to, risks related to: general economic and business conditions; the failure of Mosaic to identify acquisition targets or complete announced acquisitions; third parties honouring their contractual obligations with Mosaic and its subsidiaries; results of management’s on-going efforts to sell, re-lease, lease, develop and improve real estate owned and being acquired indirectly by Mosaic through its subsidiaries; the failure to realize the anticipated benefits of Mosaic’s recent and future acquisitions; adverse fluctuations in commodity prices; competition for, among other things, capital, equipment and skilled personnel; the inability to generate sufficient cash flow from operations to meet current and future obligations; the inability to obtain required debt and/or equity capital on suitable terms; competition for acquisition targets; supply disruptions; adverse weather conditions; seasonality and fluctuations in results; and limited diversification of Mosaic’s subsidiaries. Should any of the risks or uncertainties facing Mosaic and its subsidiaries materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance, activities or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this news release.

Readers are cautioned that the foregoing list of risks is not exhaustive. Additional information on these and other factors that could affect the operations or financial results of Mosaic and its subsidiaries are included in Mosaic’s annual information form for the year ended December 31, 2012 which has been filed under Mosaic’s profile on SEDAR (

Although Mosaic believes that the expectations represented by any forward-looking-statements contained herein are reasonable based on the information available to them on the date of this news release, management cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements. Any forward-looking statements herein contained are made as of the date of this press release and Mosaic does not assume any obligation to update or revise them to reflect new information, events or circumstances, except as required by law.

To view the press release as a PDF file, please click on the following link:

Source: Mosaic Capital Corporation (TSXV: M – TSXV: M.PR.A)

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