TORONTO, April 1, 2022 /CNW/ – MCAN Mortgage Corporation d/b/a MCAN Financial Group (“MCAN” or the “Company”) (TSX: MKP), a leading Canadian real estate investment firm, today unveiled a new brand identity and announced that it will now be doing business as MCAN Financial Group. The trade name change reflects the strategic vision of the… [Read More]
MCAN MORTGAGE CORPORATION ANNOUNCES 2021 RESULTS AND INCREASES ITS REGULAR CASH DIVIDEND NEARLY 6% AND DECLARES A $0.97 SPECIAL STOCK DIVIDEND
TORONTO, Feb. 23, 2022 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $16.1 million ($0.57 earnings per share) for the fourth quarter of 2021, a decrease from net income of $22.1 million ($0.89 earnings per share) in the fourth quarter of 2020 primarily due to an expected decrease… [Read More]
MCAN MORTGAGE CORPORATION ANNOUNCES INSIDER PARTICIPATION IN RECENTLY COMPLETED RIGHTS OFFERING
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Dec. 21, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced additional information regarding the participation of insiders of MCAN in the rights offering of the Company that expired on December 8, 2021 (the “Rights Offering”)…. [Read More]
MCAN MORTGAGE CORPORATION ANNOUNCES CLOSING OF RIGHTS OFFERING
NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, Dec. 13, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced the successful completion of its previously announced rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) which expired at 5:00 p.m…. [Read More]
MCAN Mortgage Corporation Reminds Investors of Pending Rights Expiry
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Dec. 6, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company”, “our”, or “we”) (TSX: MKP) wants to remind its shareholders that the deadline for exercising their right to subscribe for additional common shares (the “Common Shares”) of the Company… [Read More]
MCAN Mortgage Corporation Announces $33 Million Rights Offering
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Nov. 8, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) today announced that it is offering rights (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on November 15, 2021 (the “Record Date”). Pursuant to the Rights Offering, each holder of… [Read More]
MCAN Mortgage Corporation Announces Q3 2021 Results and Declares $0.34 Cash Dividend Per Share
TORONTO, Nov. 5, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) reported strong net income of $13.0 million ($0.47 earnings per share) for the third quarter of 2021, a decrease from net income of $22.7 million ($0.92 earnings per share) in the third quarter of 2020 primarily due to an expected… [Read More]
MCAN Mortgage Corporation Establishes At-The-Market Program
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Oct. 6, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue up to $30,000,000 (the “Maximum Amount”)… [Read More]
MCAN Subsidiary XMC Mortgage Corporation Accepts Industry Award for Service Excellence
TORONTO, Aug. 24, 2021 /CNW/ – MCAN Mortgage Corporation is proud to announce that its wholly-owned subsidiary XMC Mortgage Corporation has been named as a winner in the 5-Star Mortgage Products Awards Alternative Lending category. XMC is an originator of single-family residential mortgage solutions across Canada. “We are very pleased that the mortgage broker community… [Read More]
MCAN Mortgage Corporation Announces Filing of Final Base Shelf Prospectus for $400 Million in Securities
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Aug. 23, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced that it has filed and obtained a receipt for a final short form base shelf prospectus (the “Shelf Prospectus”) with the Securities Commissions in each of the provinces and territories of Canada. The preliminary… [Read More]
MCAN Mortgage Corporation Announces Filing of Preliminary Base Shelf Prospectus for $400 Million in Securities
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Aug. 16, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced that it has filed and obtained a receipt for a preliminary short form base shelf prospectus (the “Shelf Prospectus”) with the Securities Commissions… [Read More]
MCAN Mortgage Corporation Announces Strong Q2 2021 Results and Declares $0.34 Cash Dividend Per Share
TORONTO, Aug. 12, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) reported net income of $19.4 million ($0.73 earnings per share) in the second quarter compared to net income of $7.8 million ($0.32 earnings per share) for the same period in the prior year. For the six months ended June 30,… [Read More]
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