Investors

MCAN Mortgage Corporation Announces Second Quarter Results for 2019

Toronto, Ontario – August 7, 2019. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX:
“MKP”) reported net income of $8.9 million ($0.37 per share) for the second quarter ended June 30, 2019, a
decrease of 20% from $11.1 million ($0.47 per share) in the second quarter of 2018. In the second quarter of
2019, we recorded a $1.0 million net realized and unrealized loss on securities compared to a $3.3 million net
realized and unrealized gain in the second quarter of 2018. Year to date, we reported net income of $23.2
million ($0.97 per share), an increase of 7% from $21.7 million ($0.92 per share) for the same period in 2018.

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