Press Releases

MCAN reports 36% Increase in Third Quarter Earnings and Increase in Quarterly Dividend

11/11/2016 – PDF

Toronto, Ontario – November 11, 2016. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported earnings today for the third quarter of 2016. Net income of $9.8 million increased by 36% from Q3 2015 and earnings per share of $0.43 increased by 34% from Q3 2015.

MCAN Mortgage Corporation Reports Strong Second Quarter Earnings

08/11/2016 – PDF

Toronto, Ontario – August 11, 2016. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported earnings today for the second quarter of 2016. Net income of $13.6 million increased by 14% from Q2 2015 and earnings per share of $0.59 increased by 5% from Q2 2015.

MCAN Announces Withdrawal of Initial Public Offering by MCAP, Including Secondary Offering by MCAN

06/29/2016 – PDF

TORONTO, June 29, 2016 /CNW/ – MCAN Mortgage Corporation (“MCAN”) (TSX:MKP) today announced that MCAP Corporation (“MCAP”) has withdrawn its previously announced initial public offering of common shares (“Common Shares”) at this time due to current adverse market conditions.

MCAP Files Preliminary Prospectus for IPO, Including a Secondary Offering of Shares Owned by MCAN

05/26/2016 – PDF

TORONTO, May 26, 2016 /CNW/ - MCAN Mortgage Corporation (“MCAN”) (TSX:MKP) today announced that MCAP Corporation (“MCAP”) has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada with respect to a proposed initial public offering (the “Offering”) of common shares (the “Common Shares”) by MCAP and a secondary offering (“Secondary Offering”) of Common Shares by MCAN and another shareholder of MCAP.

MCAN Mortgage Corporation Announces Final Voting Results

05/12/2016 – PDF

Toronto, Ontario - May 12, 2016. MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2016 Annual General Meeting of Shareholders held in Toronto, Ontario on May 11, 2016.

MCAN Mortgage Corporation Reports 81% Increase in First Quarter Earnings

05/11/2016 – PDF

Toronto, Ontario – May 11, 2016. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong earnings today for the first quarter of 2016.

MCAN Mortgage Corporation Reports 33% Increase in Fourth Quarter Earnings & Record Annual Net Income

02/26/2016 – PDF

Toronto, Ontario – February 26, 2016. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong earnings today for both the fourth quarter and fiscal year of 2015.