MCAN Mortgage Corp T.MKP

Alternate Symbol(s): MAMTF

Consumer Cyclical Advertising Agencies

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.

TSX:MKP - Post by User

MCAN Mortgage Corp > Q1 results

<< Previous

Bullboard Posts

Next >>

Comment by ChamBidon May 11, 2021 2:17pm

102 Views

Post# 33174923

RE:RE:RE:RE:Q1 results

I think I also misread the news release on the Rights Offering initially. I believe the Rights will show up in our accounts tomorrow morning.

One thing to remind folks is that once we subscribe for all of our eligible Rights, we can also subscribe for additional shares that other investors do not exercise. Just need to ensure in mentioning this to your broker when you call them to exercise your Rights, that you also wish to subscribe for additional shares that are non-exercised through the Rights Offering.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario