Frontenac Mortgage Investment Corporation now is available to investors in Western Canada, the company said Thursday.

Sharbot Lake, Ont. mortgage investment company has received the receipt of its prospectus dated August 23. This prospectus provides Canadians in the Western provinces the opportunity to invest in Frontenac Mortgage either through their investment advisors or directly with the purchase of F-class shares.

Previously Frontenac Mortgages was only available to investors in Ontario.

Frontenac Mortgage pools investor funds and invests them in mortgages on Canadian properties. Investors earn dividends from the interest paid on the mortgages. Dividends are redeemable monthly either in cash or shares. Frontenac Mortgage says it has been managed by the same portfolio manager for 27 years.

IE