CSE New Listing - PrimeWest Mortgage Investment Corporation Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - March 15, 2016) - PrimeWest Mortgage Investment Corporation (CSE: PRI) is the latest new listing on the Canadian Securities Exchange, and trades under the symbol "PRI". Based in Saskatoon, Saskatchewan, the company has raised over $20 million in equity since its launch in 2005.

InvestmentPitch Media has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "PrimeWest" in the search box.

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As an alternative mortgage lending company, the company writes mortgages on properties situated in the Provinces of Saskatchewan, Manitoba, Alberta and British Columbia, targeting clients that do not qualify for traditional mortgages, despite an ability to manage timely payments.

According to the Mortgage Bankers' Association, the default rate on Canadian non-conventional mortgages is currently 0.6% over 10 years.

The company pays all of its net income to its shareholders based on set quarterly dividend distribution. Since the June 30, 2006 quarter, dividends have been consistently distributed at a rate of 2% per quarter or 8% annually, for 39 consecutive quarters as at the month ending September 30, 2015.

The company has 1.7 million shares outstanding. For more information please visit the company's website www.primewest.ca, contact Don Zealand, President & CEO, at 306-292-7269 or email dzealand@primewestmortgage.ca.

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