PrimeWest Mortgage Investment Corporation announced that it has received an advance of $1,000,000 on a debenture secured financing obtained from a third party. The debenture is at 8% per annum interest with repayment due on December 15, 2016. The short term financing addresses short term cash flow issues, and will allow the corporation the time to realize and obtain cash proceeds in the approximate sum of $1,000,000 from the sale of foreclosed properties and other realization steps being undertaken. The Corporation is pursuing capital and equity investment opportunities under private capital raise exemptions in order to secure increased funds for mortgage investment and to better secure the growth of the Corporation.