Press Releases

MCAN Mortgage Corporation Announces Amendment To Its Dividend Reinvestment Plan

11/14/2011 – PDF (145.8 KB)

Toronto, Ontario, Canada: November 14, 2011 – MCAN Mortgage Corporation ("MCAN" or the "Company") (TSX:MKP) announced today that the Company's Dividend Reinvestment Plan (the "Plan") has been amended and restated to, among other things, provide eligible participants with a 2 per cent (2%) discount on the purchase of common shares issued from treasury.

MCAN Mortgage Corporation Reports Third Quarter Earnings

11/11/2011 – PDF (206.7 KB)

Toronto, Ontario, Canada: November 11, 2011 – MCAN Mortgage Corporation's ("MCAN", the "Company" or "we") net income for the third quarter of 2011 was $7.6 million, down from $10.7 million in the prior year.

MCAN Mortgage Corporation Reports Second Quarter Earnings

08/10/2011 – PDF (39 KB)

Toronto, Ontario, Canada: August 10, 2011 – MCAN Mortgage Corporation's ("MCAN", the "Company" or "we") net income for the second quarter of 2011 remained strong at $7.2 million, although down from $9.9 million in the prior year.

MCAN Mortgage Corporation Reports First Quarter Earnings

05/31/2011 – PDF (205.2 KB)

Toronto, Ontario, Canada: May 31, 2011 – MCAN Mortgage Corporation ("MCAN", the "Company" or "we") reported net income in the first quarter of 2011 of $7.1 million, up from $4.1 million during the same quarter in the prior year.

MCAN Mortgage Corporation Declares Second Quarter Dividend

05/12/2011 – PDF (105.5 KB)

Toronto, Ontario, Canada: May 12, 2011 – MCAN Mortgage Corporation announced today that it has declared a second quarter dividend of $0.27 per share to be paid June 30, 2011 to shareholders of record as of June 2, 2011.

MCAN Mortgage Corporation Announces Closing of Public Offering of Common Shares

04/18/2011 – PDF (16.2 KB)

Toronto, Ontario, Canada: April 18, 2011 – MCAN Mortgage Corporation ("MCAN" or the "Company") (TSX:MKP) announced today that it has successfully completed the issuance of 2,300,000 common shares at a price of $14.50 per share for total gross proceeds of $33,350,000 (the "Offering").

MCAN Mortgage Corporation Announces Pricing of Public Offering of Common Shares

04/7/2011 – PDF (91.3 KB)

Toronto, Ontario, Canada: April 7, 2011 – MCAN Mortgage Corporation ("MCAN" or the "Company") (TSX:MKP) today announced that it has priced its previously announced offering (the "Offering") of 2,000,000 common shares at a price of $14.50 per share for gross proceeds of $29,000,000. The Offering is being conducted through a syndicate of agents co-led by BMO Capital Markets and RBC Capital Markets and including National Bank Financial Inc. and Scotia Capital Inc. (the "Agents"). BMO Capital Markets is acting as sole bookrunner for the Offering.

MCAN Mortgage Corporation Announces Public Offering of Common Shares

03/30/2011 – PDF (18 KB)

Toronto, Ontario, Canada: March 30, 2011 – MCAN Mortgage Corporation ("MCAN" or the "Company") (TSX:MKP) today announced that it has filed a preliminary short form prospectus with regulatory authorities in all provinces and territories of Canada, excluding Quebec, in connection with a proposed public offering of up to 2 million common shares (the "Offering"). The Offering will be conducted through a syndicate of agents co-led by BMO Capital Markets and RBC Capital Markets and including National Bank Financial Inc. and Scotia Capital Inc. (the "Agents"). BMO Capital Markets will be acting as sole bookrunner for the Offering.

MCAN Mortgage Corporation Reports Strong Fourth Quarter Earnings

02/18/2011 – PDF (79.2 KB)

Toronto, Ontario, Canada: February 18, 2011 – MCAN Mortgage Corporation ("MCAN", the "Company" or "we") reported strong results in the fourth quarter of 2010, with reported net income of $6.1 million, unchanged from the prior year.