MCAN Mortgage Corporation Announces Appointment of President and CEO

Toronto, Ontario – May 8, 2019. The Board of Directors of MCAN Mortgage Corporation (“MCAN”, the
“Company” or “we”) (TSX: “MKP”) is pleased to announce the appointment of Karen Weaver as President and
Chief Executive Officer. Ms. Weaver has been serving as Chief Executive Officer on an interim basis since October

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