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 > Rights offering

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Comment by wildrunner11on Jun 09, 2021 2:37pm

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RE:RE:RE:RE:RE:RE:RE:Rights offering

I'm with TD, the shares for the RT are already in my account, and RT shares gone with money. Just waiting on the transaction for the additional shares to complete.

yes, you are right the last time MKP did a rights offering the share price did go below rights offering share price. Which then made the right's offerring useless.

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