News Releases

Dominion Lending Centres Inc. Announces Shareholders Meeting Results

Vancouver, British Columbia–(Newsfile Corp. – May 7, 2025) – Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”) today announced financial results for the three months ended March 31, 2025. DLCG iancouver, British Columbia–(Newsfile Corp. – May 8, 2025) – Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”), Canada’s leading franchisor of mortgage professionals, is pleased to […]

DLCG Announces Solid First Quarter Results with 46% Year-Over-Year Growth in Funded Mortgage Volumes to $16.4 Billion

Vancouver, British Columbia–(Newsfile Corp. – May 7, 2025) – Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”) today announced financial results for the three months ended March 31, 2025. DLCG is one of Canada’s leading franchisors of mortgage professionals, with a national network of over 8,500 agents. The Corporation also owns Newton Connectivity Systems Inc., a financial technology […]

DLC Releases Annual 2024 Results; Achieves Annual Funded Volumes of $67.4 Billion (19% Increase over Prior Year)

Vancouver, British Columbia – March 27, 2025 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months (“Q4-2024”) and year ended December 31, 2024 (“annual”). For complete information, readers should refer to the annual audited consolidated financial statements and management discussion and analysis which are dated March 27, 2025 […]

Dominion Lending Centres Inc. Announces Annual 2024 Earnings Release Date

Vancouver, British Columbia – March 13, 2025 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its annual financial results for the three months and year ended December 31, 2024, on March 27, 2025, after the market close. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading network […]

Dominion Lending Centres Inc. Announces Closing of $59.15 million Secondary Private Placement Offering of Class A Common Shares

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Vancouver, British Columbia – February 28, 2025 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”), 2215 Coquitlam Avenue, Port Coquitlam, British Columbia V3B 1J6, along with Mauris Family Investments Inc. […]

Dominion Lending Centres Inc. Enters into Marketing Partnership Agreement with RE/MAX Canada

Vancouver, British Columbia – February 20, 2025 – Dominion Lending Centres Inc. (TSX: DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has entered into a marketing partnership agreement with RE/MAX Canada (“RE/MAX”), whereby DLC will be the exclusive mortgage brokerage partner to be promoted at RE/MAX franchise events in Canada. RE/MAX has more than 900 offices and […]

Dominion Lending Centres Inc. Increases and Extends Credit Facility

Vancouver, British Columbia – February 18, 2025 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective February 18, 2025.  The maturity date for the credit facilities has been extended from December 19, 2026 to February 18, 2030. The amended credit facilities […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – February 14, 2025 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on March 14, 2025 to shareholders of record as of February 28, 2025.  The dividend will be designated […]

Dominion Lending Centres Inc. Announces $59.15 million Secondary Private Placement Offering of Class A Common Shares; Provides Preliminary 2024 Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Vancouver, British Columbia – February 11, 2025 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”), along with Mauris Family Investments Inc. (an entity controlled by Gary Mauris) and 603908 BC […]

Dominion Lending Centres Inc. Enters into Platform Licensing Agreement with Pinch Financial

Vancouver, British Columbia – February 3, 2025 – Dominion Lending Centres Inc. (TSX: DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has entered into a platform licensing agreement (the “License Agreement”) with Pinch Financial Incorporated (“Pinch”). Pinch owns and operates a technology platform that leverages AI to verify information and qualify potential borrowers for mortgages entirely online […]

Dominion Lending Centres Inc. Completes Acquisition of Preferred Shares and Related Transactions

Vancouver, British Columbia – December 17, 2024 – Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”) is pleased to announce it has completed the acquisition (the “Acquisition”) of all of the issued and outstanding non-voting Series 1 Class B preferred shares of the Corporation (the “Series 1 Preferred Shares”) from one or more companies controlled by Gary Mauris, […]

Dominion Lending Centres Inc. Receives Shareholder Approval for Acquisition of Preferred Shares and Related Transactions

Vancouver, British Columbia – December 3, 2024 – Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”) is pleased to announce the following results from its special meeting (the “Meeting”) of holders (the “Shareholders”) of Class A common shares (“Common Shares”) held earlier today: In respect of an ordinary resolution (the “Acquisition Resolution”), as more particularly set out in […]

Velocity Achieves SOC 2 Type 2 Certification; DLCG Announces Management Change

Vancouver, British Columbia – November 21, 2024 – Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”) is pleased to announce that Newton’s proprietary connectivity platform Velocity has achieved Service Organization Control 2 Type 2 (“SOC 2 Type II”) certification.  Gary Mauris notes: “SOC 2 Type II certification is a significant milestone for Velocity that demonstrates our ongoing commitment […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – November 15, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on December 16, 2024 to shareholders of record as of December 2, 2024.  The dividend will be designated […]

DLC Releases Q3-2024 Results; Achieves $19.7 Billion in Funded Volumes for Q3-2024 (11% Increase over Prior Year)

Vancouver, British Columbia – November 5, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three (“Q3-2024”) and nine months ended September 30, 2024. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated November 5, 2024 and are available […]

Dominion Lending Centres Inc. Announces Third Quarter 2024 Earnings Release Date

Vancouver, British Columbia – October 22, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its third quarter financial results for the three and nine months ended September 30, 2024, on November 5, 2024, after the market close. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading […]

Dominion Lending Centres Inc. Enters into Acquisition Agreement to Acquire All Issued and Outstanding Series I Class “B” Preferred Shares

Vancouver, British Columbia – October 2, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has entered into an acquisition agreement (the “Acquisition Agreement”) with KayMaur Holdings Ltd. (“KayMaur”) and certain minority holders to acquire (the “Proposed Acquisition”) all of the issued and outstanding non-voting series I class “B” preferred shares of […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – August 16, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on September 16, 2024 to shareholders of record as of September 2, 2024.  The dividend will be designated […]

DLC Releases Q2-2024 Results; Achieves $16.9 Billion in Funded Volumes for Q2-2024 (14% Increase over Prior Year)

Vancouver, British Columbia – August 7, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three (“Q2-2024”) and six months ended June 30, 2024. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated August 7, 2024 and are available […]

Dominion Lending Centres Inc. Announces Second Quarter 2024 Earnings Release Date

Vancouver, British Columbia – July 24, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its second quarter financial results for the three and six months ended June 30, 2024, on August 7, 2024, after the market close. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading […]

Dominion Lending Centres Inc. Receives Notice of Inquiry Discontinuance from Competition Bureau

Vancouver, British Columbia – June 20, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) has received a Notice of Inquiry Discontinuance from the Competition Bureau.  In May 2023, the Corporation received a court order to produce certain documents, records and data in connection with an inquiry by the Competition Bureau.  The Notice of Inquiry Discontinuance dated June […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – May 17, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on June 14, 2024 to shareholders of record as of May 31, 2024.  The dividend will be designated […]

Dominion Lending Centres Inc. Announces Shareholders Meeting Results

Vancouver, British Columbia – May 9, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report that the following seven (7) director nominees were elected at today’s annual general meeting of shareholders:   VOTES FOR   VOTES WITHHELD   Number Percent (%) Number Percent (%) Gary Mauris 35,890,432 99.9% 15,754 0.1% Chris Kayat 35,890,432 99.9% […]

DLC Releases Q1-2024 Results; Achieves 14% Increase In Funded Volumes Of $11.2 Billion For Q1-2024

Vancouver, British Columbia – May 7, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2024 (“Q1-2024”). For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated May 7, 2024 and are available on SEDAR+ […]

Dominion Lending Centres Inc. Announces Sale of its Interest in Impact Communications

Vancouver, British Columbia – April 25, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has completed a sale of its 52% interest in Cape Communications International Inc. (“Impact”) for aggregate cash proceeds of $3.71 million (the “Purchase Price”) to Impact management (the “Purchaser”).  The Corporation will use the cash proceeds from […]

Dominion Lending Centres Inc. Announces First Quarter 2024 Earnings Release Date

Vancouver, British Columbia – April 23, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its first quarter financial results for the three months ended March 31, 2024, on May 7, 2024, after the market close. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading network of […]

DLC Releases Annual 2023 Results; Achieves Annual Funded Volumes of $56.5 Billion

 Vancouver, British Columbia – March 19, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2023 (“Q4-2023” and “annual”, respectively). For complete information, readers should refer to annual audited consolidated financial statements, management discussion and analysis (“MD&A”) and annual information form (“AIF”) […]

Dominion Lending Centres Inc. Announces Annual 2023 Earnings Release Date

Vancouver, British Columbia – March 5, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its annual financial results for the three months and year ended December 31, 2023, on March 19, 2024, after the market close. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading network […]

Dominion Lending Centres Inc. Announces New President of Mortgage Architects

Vancouver, British Columbia – February 23, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce Mike De Eyre as the incoming President of DLCG’s wholly-owned subsidiary MA Mortgage Architects Inc. (“MA”) effective April 1, 2024. The current President of MA, Dustan Woodhouse, has advised of his intention to focus on Be The Better Broker […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – February 16, 2024 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on March 15, 2024 to shareholders of record as of March 1, 2024.  The dividend will be designated […]

Dominion Lending Centres Inc. Amends and Extends Credit Facility

Vancouver, British Columbia – December 19, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective December 19, 2023.  The maturity date for the credit facilities has been extended from December 22, 2024 to December 19, 2026. The amended credit facilities […]

Dominion Lending Centres Inc. Announces Management Changes

Vancouver, British Columbia – December 7, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has approved certain management changes to promote operational efficiency and collaboration.  Eddy Cocciollo, current Co-President of the Corporation, has been appointed the President of the DLC Group of Companies (“DLC Group”). James Bell, current […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – November 17, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on December 15, 2023 to shareholders of record on December 1, 2023.  The dividend will be designated as […]

DLC Releases Q3-2023 Results; YTD Funded Volumes of $42.3 Billion; Management Change

 Vancouver, British Columbia – November 7, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three (“Q3-2023”) and nine months ended September 30, 2023. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated November 7, 2023 and available on […]

Dominion Lending Centres Inc. Announces Q3-2023 Earnings Release Date

 Vancouver, British Columbia – October 24, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three and nine months ended September 30, 2023, on November 7, 2023, after the market close.  About Dominion Lending Centres Inc.  Dominion Lending Centres Inc. is Canada’s leading network of […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia – August 18, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on September 15, 2023 to shareholders of record on September 1, 2023.  The dividend will be designated as […]

DLC Releases Q2-2023 Results; YTD Funded Volumes of $24.6 Billion

 Vancouver, British Columbia – August 9, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended June 30, 2023 (“Q2-2023”) and six months ended June 30, 2023. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated August […]

Newton Obtains Data Security Standard Audit

Vancouver, British Columbia – August 1, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that a big 4 accounting firm has just completed an audit of Newton Connectivity Systems Inc. (the owner of Velocity). The independent accounting firm has declared Newton as upholding the highest data/documents security standards with SOC2 Type 1 compliance. […]

Dominion Lending Centres Inc. Announces Q2-2023 Earnings Release Date

Vancouver, British Columbia – July 26, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three and six months ended June 30, 2023, on August 9, 2023, after the market close. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading network of […]

Dominion Lending Centres Renews Normal Course Issuer Bid and Automatic Share Purchase Plan

VANCOUVER, British Columbia, May 25, 2023 — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Company”) announced today that the Toronto Stock Exchange (TSX) has approved the Company’s new normal course issuer bid (NCIB) to purchase, for cancellation, up to 1,000,000 of its outstanding class “A” common shares (Common Shares”). Purchases under the NCIB may be made through the facilities […]

Dominion Lending Centres Inc. Responds to Competition Bureau Inquiry

VANCOUVER, British Columbia, May 23, 2023 — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) acknowledges receipt of a court order to produce certain documents, records and data in connection with an inquiry by the Competition Bureau. As noted in the Competition Bureau’s press release dated May 19, 2023: “The order, granted by the Federal Court of Canada on […]

Dominion Lending Centres Inc. Announces Quarterly Dividend

Vancouver, British Columbia –  May 18, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on June 15, 2023 to shareholders of record on June 1, 2023.  The dividend will be designated as […]

DLC Releases Q1-2023 Results; Q1 Funded Volumes of $9.4 Billion

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2023 (“Q1-2023”). For complete information, readers should refer to the interim financial statements and management discussion and analysis which are dated May 9, 2023 and available on SEDAR at www.sedar.com and on the […]

Dominion Lending Centres Inc. Announces Q1-2023 Earnings Release Date

Vancouver, British Columbia – April 25, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three months ended March 31, 2023, on May 9, 2023, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage professionals. The […]

DLC Releases Annual 2022 Results; Achieves Annual Funded Volumes of $70.6 Billion

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2022 (“Q4-2022” and “annual”, respectively). For complete information, readers should refer to the annual audited consolidated financial statements, management discussion and analysis (“MD&A”) and annual information form (“AIF”) which are dated […]

Dominion Lending Centres Inc. Announces Q4-2022 Earnings Release Date

Vancouver, British Columbia – March 14, 2023 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three months and year ended December 31, 2022, on March 28, 2023, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage […]

Dominion Lending Centres Announces Quarterly Dividend

Vancouver, British Columbia – November 17, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on December 15, 2022 to shareholders of record on December 1, 2022.  The dividend will be designated as […]

DLC Releases Q3-2022 Results; Achieves YTD Funded Volumes of $56.8 Billion

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended September 30, 2022 (“Q3-2022”) and nine months ended September 30, 2022. For complete information, readers should refer to the interim financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and […]

Dominion Lending Centres Inc. Announces Q3-2022 Earnings Release Date

Vancouver, British Columbia – October 27, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three and nine months ended September 30, 2022, on November 10, 2022, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage […]

Dominion Lending Centres Inc. Announces Sale of its Intertest in Club16 Fitness

Vancouver, British Columbia – August 31, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has completed a sale of its 58.4% interest in Club16 Limited Partnership (“Club16”) for aggregate gross proceeds of $18.0 million (the “Purchase Price”) to Club16 management (the “Purchaser”).  The Purchase Price is comprised of: (i) a cash […]

Dominion Lending Centres Announces Quarterly Dividend

Vancouver, British Columbia – August 18, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on September 15, 2022 to shareholders of record on September 1, 2022.  The dividend will be designated as […]

Dominion Lending Centres Inc. Announces Q2-2022 Earnings Release Date

Vancouver, British Columbia – July 27, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three and six months ended June 30, 2022, on August 10, 2022, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage […]

Dominion Lending Centres Establishes Automatic Share Purchase Plan

Vancouver, British Columbia – June 14, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) today announced that, in connection with its previously announced normal course issuer bid (“NCIB”) to purchase up to 1,200,000 of its class “A” common shares (“Common Shares”), it recently entered into an automatic share purchase plan (“ASPP”) with the designated broker responsible for […]

Dominion Lending Centres Implements Normal Course Issuer Bid

Vancouver, British Columbia – May 24, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that its board of directors has approved the implementing of a normal course issuer bid (“NCIB”).  A Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the […]

Dominion Lending Centres Inc. Announces Shareholders Meeting Results

Vancouver, British Columbia – May 17, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that the following seven (7) director nominees were elected at today’s annual general and special meeting of shareholders:     VOTES FOR   VOTES WITHHELD     Number Percent (%)  Number Percent (%) Gary Mauris   35,277,984 99.994%  2,066 […]

Lender Warrants Exercised; KayMaur and Belkorp Increase Shareholdings

Vancouver, British Columbia – May 16, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that its has received a duly completed exercise notice from the holder of the 2,078,568 lender warrants that were previously issued in June, 2017 (the “Lender Warrants”).  The holder of the Lender Warrants is entitled to receive 2,078,568 class […]

DLC Releases Q1-2022 Results; Achieves Record Q1 Funded Volumes & Revenue

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2022 (“Q1-2022”). For complete information, readers should refer to the interim financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All […]

Dominion Lending Centres Inc. Announces Q1-2022 Earnings Release Date

VANCOUVER, British Columbia, April 27, 2022 — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three months ended March 31, 2022 on May 11, 2022, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage professionals. The DLC […]

Dominion Lending Centres Announces Implementation of Quarterly Dividend

Vancouver, British Columbia – April 13, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce the implementation of a quarterly dividend with respect to its class A common shares (the “Common Shares”).  The Board of Directors has declared an inaugural cash dividend of $0.03 per Common Share that will be payable on June 15, […]

Dominion Lending Centres Provides Update on Legal Claim

Vancouver, British Columbia – April 1, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to report on certain positive developments pertaining to the legal claim commenced by Canadian Mortgage Experts Inc. and Michael Lloyd against the Corporation in July, 2022 (the “CME Claim”). On April 1, 2022, the Supreme Court of British Columbia ordered that […]

DLC Releases Annual Results; Achieves Record Annual Funded Volumes Over $78 Billion

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2021 (“Q4-2021” and “annual”, respectively). For complete information, readers should refer to the annual audited consolidated financial statements, management discussion and analysis (“MD&A”) and annual information form (“AIF”) which are available […]

Dominion Lending Centres Completes Newton Acquisition

Vancouver, British Columbia – February 28, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has completed the acquisition of  the remaining 30% of 10017078 Canada Inc. (“Newton Holdco”) that DLC did not already own (the “Newton Acquisition”), which transaction was previously announced on February 15, 2022.  Newton Holdco owns 100% of […]

Dominion Lending Centres Enters Agreement to Acquire Remaining 30% of Newton Connectivity Systems

Vancouver, British Columbia – February 15, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has entered into a purchase agreement with Next4 Holdings Inc. (“Next4”) to acquire the remaining 30% of 10017078 Canada Inc. (“Newton Holdco”) that DLC does not already own (the “Newton Acquisition”) for an aggregate purchase price of […]

DLC Announces Record Annual Funded Mortgage Volumes of over $78 Billion; Provides Preliminary 2021 Results

Calgary, Alberta – February 7, 2022 – Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce record annual funded mortgage volumes of $78.5 billion in 2021, an increase of 52% over the prior year (2020 – $51.5 billion). Gary Mauris, Executive Chairman and Chief Executive Officer of the Corporation, commented:  “We are extremely proud to report […]

Dominion Lending Centres Receives Final Approval to Graduate to Toronto Stock Exchange

Vancouver, British Columbia – February 1, 2022 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has received final approval from Toronto Stock Exchange (“TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and list its class “A” common shares (the “Shares”) on the TSX. The Shares will commence trading on the […]

Dominion Lending Centres Receives Conditional Approval to List Common Shares on Toronto Stock Exchange

Vancouver, British Columbia – January 19, 2022 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has received conditional approval to list its class “A” common shares (“Common Shares”) on the Toronto Stock Exchange (the “TSX”) and graduate from the TSX Venture Exchange (“TSXV”). Gary Mauris, Chairman and Chief Executive Officer of the […]

Dominion Lending Centres Announces Final Results of its Substantial Issuer Bid

Vancouver, British Columbia – January 11, 2022 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLC” or the “Corporation”) today announced the final results of its substantial issuer bid to purchase for cancellation up to 3,000,000 of its outstanding common shares (“Shares”) at a price of $3.75 per Share (the “Purchase Price”), for an aggregate purchase price not to exceed $11,250,000 (the […]

Dominion Lending Centres Announces Closing of Credit Facilities

Vancouver, British Columbia – December 22, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLC” or the “Corporation”) is pleased to report that it has closed its new credit facilities with Toronto-Dominion Bank, the terms of which were previously announced by the Corporation on November 29, 2021.   The credit facilities are comprised of three senior term credit facilities (collectively, the “Senior […]

Dominion Lending Centres Announces Intention to Commence Substantial Issuer Bid; Announces Plan to Restructure Credit Facilities

Vancouver, British Columbia – November 29, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLC” or the “Corporation”) today announced its intention to commence a substantial issuer bid (the “Offer”) pursuant to which the Corporation will offer to purchase for cancellation up to 3,000,000 of its outstanding common shares (the “Shares”) at a purchase price of $3.75 per Share in cash […]

DLC Releases Q3-2021 Results; Achieves Over $75 Billion in Funded Mortgage Volumes for the Twelve Months Ending September 30, 2021

 Vancouver, British Columbia – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three and nine months ended September 30, 2021 (“Q3-2021”). For complete information, readers should refer to the interim financial statements and management discussion and analysis (“MD&A”) which are available on SEDAR at www.sedar.com and on the Corporation’s website […]

Dominion Lending Centres Inc. Announces Q3-2021 Earnings Release Date

Vancouver, British Columbia – November 2, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three and nine months ended September 30, 2021, on November 16, 2021, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage […]

DLC Releases Q2-2021 Results; Achieves $35.3 Billion in Funded Volumes YTD, Representing a 77% Increase Over the Prior Year

DLC Releases Q2-2021 Results; Achieves $35.3 Billion in Funded Volumes YTD, Representing a 77% Increase Over the Prior Year Vancouver, British Columbia – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three and six months ended June 30, 2021 (“Q2-2021”).  For complete information, readers should refer to the interim financial statements and management […]

Dominion Lending Centres Inc. Announces Q2-2021 Earnings Release Date

Vancouver, British Columbia – August 11, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three and six months ended June 30, 2021, on August 23, 2021, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage professionals. The […]

DLC Launches First Responder Mortgage Program

Vancouver, British Columbia – June 23, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it is launching a First Responder Mortgage Program (the “First Responder Program”) effective June 23, 2021 at Dominion Lending Centres.  The First Responder Program is available to First Responders across Canada and provides both competitive rates and cashback […]

DLC Releases Q1-2021 Results; Achieves Record Q1 Funded Volumes, Revenue & Adjusted EBITDA

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2021 (“Q1-2021”). For complete information, readers should refer to the interim financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars […]

DLC Further Expands Velocity’s Reach with Lender Agreements

Vancouver, British Columbia – May 17, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report that its subsidiary Newton Connectivity Systems Inc. (“Newton”) has successfully added Desjardins Bank for submission from Velocity. As Desjardins is one of the leading lenders in Quebec, adding them as a submission lender will enhance the adoption of Velocity with our […]

Dominion Lending Centres Inc. Announces Q1-2021 Earnings Release Date

Vancouver, British Columbia – May 13, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it will release its financial results for the three months ended March 31, 2021, on Tuesday, May 25th, 2021, after the market close. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage professionals. The DLC […]

DLC, Newton and Mortgage Centre Canada win 2021 Canadian Mortgage Awards

Vancouver, British Columbia – April 30, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is proud to announce that it has won the following 2021 Canadian Mortgage Awards: Dominion Lending Centres Inc.   Digital Innovator of the Year (DLC Expert Financial)        Newton Connectivity Systems Inc.   Industry Service Provider of the Year       Mortgage […]

True North Mortgage Selects DLC’s Newton as Connectivity Provider

Vancouver, British Columbia – April 29, 2021 – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that True North Mortgage has selected Newton Connectivity Systems Inc. (“Newton”) as its broker submission and connectivity platform.  With over 100 agents across the country, True North Mortgage team has annual funded mortgage volumes exceeding $3 billion.    Gary Mauris, Executive Chairman and […]

DLC Releases Annual Results; Achieves Record Annual Funded Volumes Over $51 billion

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2020 (“Q4-2020” and “annual”, respectively). For complete information, readers should refer to the audited consolidated financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All […]

DLC Signs Mortgage Connection as new Franchisee

Vancouver, British Columbia – Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has entered into a franchise agreement with Mortgage Connection Ltd. (“Mortgage Connection”).  Mortgage Connection has over 50 mortgage professionals throughout the Province of Alberta.  In fiscal 2020, Mortgage Connection originated ~$850 million in funded mortgages.  Mortgage Connection is led Josh Higgelke, Robby Aurora and Joe Jacobs, […]

DLC, Newton and Mortgage Centre Canada win Mortgage Awards of Excellence for 2020

Vancouver, British Columbia – February 12, 2021 – Dominion Lending Centres Inc. (TSXV: DLCG) is proud to announce that it has won the following Mortgage Awards of Excellence for 2020: Dominion Lending Centres Inc. National Network of the Year Best Media / Marketing Campaign of the Year Best Newcomer Brokerage (DLC Valko Financial) Regional Brokerage of the Year BC – (DLC […]

Dominion Lending Centres Inc. Implements Normal Course Issuer Bid

Vancouver, British Columbia – January 13, 2021 – Dominion Lending Centres Inc. (TSXV: DLCG) announces that it has obtained approval from the TSX Venture Exchange (the “Exchange”) for a normal course issuer bid through the facilities of the Exchange.  The normal course issued bid will be for a 12 month duration, commencing on January 18, 2021 and ending on January 17, 2022. […]

Founders Advantage Announces Name Change to “Dominion Lending Centres Inc.” and New Trading Symbol (TSXV: DLCG); Launches New Corporate Website

Founders Advantage Announces Name Change to “Dominion Lending Centres Inc.” and New Trading Symbol (TSXV: DLCG); Launches New Corporate Website  Vancouver, British Columbia – January 6, 2021 – Founders Advantage Capital Corp. is pleased to announce that it has changed its name to “Dominion Lending Centres Inc.” (“DLC” or the “Corporation”) and its class A common shares will trade under the […]

Founders Advantage Completes Acquisition of Dominion Lending Centres, Name Change and Corporate Reorganization

Calgary, Alberta – January 1, 2021 – Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to announce that it has completed its acquisition (the “Acquisition”) of all of the limited partnership units of Dominion Lending Centres Limited Partnership (“DLC LP”) that the Corporation did not otherwise own in exchange for an aggregate of 26,774,054 non-voting series 1 […]

Founders Advantage Receives Shareholder Approval for DLC Acquisition and Related Transactions

Founders Advantage Achieves Record Quarterly Adjusted EBITDA and Net Profit at Q3-2020 Due to a Record Quarterly Performance by DLC

Founders Advantage Provides Transaction Update

Dominion Lending Centres Group Signs Premiere Mortgage Centre Inc.

Founders Advantage Enters into Acquisition Agreement to Acquire 100% of Dominion Lending Centres; Announces Proposed Name Change and Corporate Reorganization

Founders Advantage releases Q2-2020 results; DLC reports record Q2 funded volumes and adjusted EBITDA

Club16 Fitness to Open Additional Clubs

DLC CEO Gary Mauris Appointed Chairman

Founders Advantage releases Q1-2020 results; DLC reports record Q1 funded volumes and adjusted EBITDA

Founders Advantage releases 2019 Q4 and annual results; subsidiaries report record 2019 adjusted EBITDA

Founders Advantage Unwinds Forward Contract, Increases Liquidity

Club16 to Temporarily Close Fitness Centres to Prevent Spread of COVID-19

DLC Principals Increase Shareholdings in Founders Advantage

Founders Advantage Announces Record Annual and Q4 Funded Mortgage Volumes by DLC in 2019; Provides Preliminary 2019 Results

Founders Advantage Enters into FX Hedge Agreements

Q3 2019 Press Release

Founders Advantage Completes Sale of its Interest in Astley Gilbert Limited

Founders Advantage releases Q2-2019 Results

Founders Advantage Releases Q2-2019 Results

Founders Advantage Announces Sale of its Interest in Astley Gilbert Limited

Founders Advantage Releases Q1-2019 Results; Appoints Chief Financial Officer

Founders Advantage Releases 2018 Q4 and Annual Results; Announces Board Change

Founders Advantage Suspends Dividend and Amends Credit Facility to Permit Debt Repayment; Maintains Focus on Growing Four Assets

Dominion Lending Centres Served with Statement of Claim

Founders Advantage Capital Corp. Announces Executive Management Changes; Provides Corporate Update

Club16 Trevor Linden Fitness to Open New Tsawwassen Commons Location

Founders Advantage Capital Corp. Terminates Agreement to Acquire Full Ownership of Dominion Lending Centres

Founders Advantage Capital Corp. Releases Q3 2018 Results

Founders Advantage Capital Corp. Enters Definitive Agreement to Acquire Full Ownership of Dominion Lending Centres; Announces Special Meeting of Shareholders to Approve Acquisition

Founders Advantage Capital Corp. Announces Letter of Intent to Acquire Full Ownership of Dominion Lending Centres; Announces Management Changes

Founders Advantage Capital Corp. Declares Quarterly Dividend; Provides Update on Review Process and Management Change

Founders Advantage Releases Q2 2018 Results

Founders Advantage Capital Corp. Initiates Strategic Review Process

Calgary, Alberta – August 8, 2018 – (TSX-V: FCF) – Founders Advantage Capital Corp. (the “Corporation”) today announced it is initiating a formal strategic review process to explore alternatives for the enhancement of shareholder value.  The Corporation has formed a special committee of independent members of the Board of Directors (the “Special Committee”) to consider the various alternatives potentially available […]

Mortgage brokers vs. banks: the pros and cons

Founders Advantage Capital Corp. Provides Update on Dominion Lending Centres Q2 Funded Mortgage Volumes

Calgary, Alberta – July 18, 2018 – (TSX-V: FCF) – Founders Advantage Capital Corp. (the “Corporation”) is pleased to report that funded mortgage volumes for its investee Dominion Lending Centres (“DLC”) for the three and six months ended June 30, 2018 were $9.200 billion and $16.214 billion, respectively, compared to funded mortgage volumes of $8.548 billion and $15.318 billion for […]

Founders Advantage Capital Corp. Announces Approval of Normal Course Issuer Bid

Calgary, Alberta – June 27, 2018 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) announces that it has obtained approval from the TSX Venture Exchange (the “Exchange”) for a normal course issuer bid through the facilities of the Exchange.  The normal course issued bid will be for a 12 month duration, commencing on June 27, 2018 and ending on […]

Founders Advantage Capital Corp. Comments on Recent Trading; Announces Intention to Implement Normal Course Issuer Bid and Dividend Reinvestment Plan

Calgary, Alberta – June 19, 2018 – (TSX-V: FCF) – In light of the recent share price decline, Founders Advantage Capital Corp. (the “Corporation”) would like to confirm that there have been no material adverse changes at any of its four investee companies nor at its corporate head office.  As the Corporation’s management does not believe the current trading price […]

Founders Advantage Capital Corp. Declares Quarterly Dividend

Calgary, Alberta – June 15, 2018 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.0125 per common share.  The dividend will be payable on July 12, 2018 to shareholders of record as at the close of trading on June […]

Founders Advantage Releases Q1 2018 Results

Founders Advantage Releases 2017 Q4 and Annual Results

Founders Advantage Capital Corp. Declares Quarterly Dividend

Calgary, Alberta – March 15, 2017 – Correction – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) today announced that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.0125 per common share.  The dividend will be payable on April 11, 2018 to shareholders of record as at the close of trading on March […]

Dominion Lending Centres Group is Canada’s Largest Mortgage Broker by Volume in 2017

Calgary, Alberta – February 23, 2018 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) is pleased to announce that its investee partner Dominion Lending Centres Group (“DLC”) was Canada’s top mortgage brokerage firm in Canada in 2017 based on total mortgage volumes. Gary Mauris, President of DLC commented: “We are very proud of our entire broker network for their […]

Founders Advantage Capital Corp. Appoints Independent Director

Calgary, Alberta – January 25, 2018 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) is pleased to announce that Dennis Sykora has been appointed to the Corporation’s Board of Directors. Mr. Sykora is a lawyer, Chartered Professional Accountant and experienced executive who brings a focus of corporate governance and financial discipline.  Mr. Sykora currently serves as a director of […]

Club16 Trevor Linden Fitness to Open New South Surrey Location

Calgary, Alberta – January 23, 2018 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) is pleased to announce that its investee partner Club16 Limited Partnership (“Club16”) will open a new 22,000 sq. ft. co-ed club in South Surrey, British Columbia on Friday, January 26, 2018.  The new club will replace an existing (smaller) She’s Fit club in South Surrey […]

Founders Advantage Capital Corp. Announces Chief Financial Officer; Appoints New Director

Calgary, Alberta – December 22, 2017 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) is pleased to announce that Melanie Litoski will join the Corporation’s executive team as Chief Financial Officer effective March 1, 2018.  Ms. Litoski will replace Ron Gratton, a current board member who has served as Interim CFO since July, 2017.  In addition, the Corporation is […]

Founders Advantage Releases Q3 2017 Results; Revenue and Earnings Increase for the Fourth Consecutive Quarter; Provides 2018 Outlook

Calgary, Alberta – November 27, 2017 – Founders Advantage Capital Corp. (TSXV: FCF) (the “Corporation”) is pleased to report its financial results for the three months and nine months ended September 30, 2017 (“Q3 2017”). Readers should refer to the interim condensed consolidated financial statements and management discussion and analysis (“MD&A”) for complete information, which are available on SEDAR at […]

Founders Advantage Capital Corp. Completes Acquisition of a 50% Interest in Astley Gilbert Limited

Calgary, Alberta – October 31, 2017 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation” or “FA Capital”) is pleased to announce that it has completed its previously announced acquisition of a 50% interest (the “Transaction”) in Astley Gilbert Limited (“Astley Gilbert” or “AG”) for $24.7 million (the “Purchase Price”), subject to customary post-closing adjustments.  The Purchase Price was funded […]

Founders Advantage Capital Corp. Announces Fourth Acquisition – Signs Letter of Intent to Acquire a 50% Interest in Astley Gilbert Limited

Calgary, Alberta – October 16, 2017 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation” or “FA Capital”) is pleased to announce that it has entered into a letter of intent to acquire a 50% interest (the “Transaction”) in Astley Gilbert Limited (“Astley Gilbert” or “AG”) for $24.7 million (the “Purchase Price”), subject to customary post-closing adjustments.  The Purchase Price […]

Finding Founders: The Pain of Thrones

Founders Advantage Capital Corp. Declares Quarterly Dividend, Provides Update on Executive Team

Founders Advantage Releases Q2 2017 Results; Revenues And Income Increase As All Three Investees Contributing

Founders Advantage Capital Corp. (TSXV: FCF) (the “Corporation”) is pleased to report its financial results for the three months and six months ended June 30, 2017 (“Q2 2017”).

Founders Advantage Capital Corp. Investee Entity Dominion Lending Centres Sells Non-Core Asset

Calgary, Alberta – August 1, 2017 – Founders Advantage Capital Corp. (TSX-V: FCF) (the “Corporation”) is pleased to announce that its investee entity Dominion Lending Centres (“DLC”) has completed a sale of its 20% shareholdings in Canadiana Financial Corp. (“Canadiana”) to an arm’s length purchaser for $2.5 million cash.  DLC sought to liquidate its minority interest in Canadiana as Canadiana […]

The Founders Advantage mantra: Buy, hold, grow … and respect the talent

Founders Advantage Capital Corp. Declares Quarterly Dividend

CALGARY, ALBERTA–(Marketwired – June 15, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.0125 per common share. The dividend will be payable on July 12, 2017 to shareholders of record as at June 30, 2017. The shares will commence […]

Founders Advantage Closes CAD $100 Million Senior Secured Credit Facility with Sagard Credit Partners

CALGARY, ALBERTA–(Marketwired – June 14, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has closed its previously announced USD $75 million (approx. CAD $100 million) senior secured credit facility (the “Senior Facility”) with Sagard Holdings ULC (“Sagard Holdings”), pursuant to which Sagard Credit Partners will be the lender. The proceeds from the Senior […]

Founders Advantage Enters Into CAD $100 Million Senior Secured Credit Facility With Strategic Capital Provider, Sagard Credit Partners

CALGARY, ALBERTA–(Marketwired – May 31, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has entered into a USD $75 million (approx. CAD $100 million) senior secured credit facility (the “Senior Facility”) with Sagard Holdings ULC (“Sagard Holdings”), pursuant to which Sagard Credit Partners will be the lender. The proceeds from the Senior […]

Founders Advantage Releases Q1 2017 Results; Investee Revenues Increase Year Over Year, Earnings Reflect Normal Seasonality

CALGARY, ALBERTA–(Marketwired – May 29, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2017 (“Q1 2017”). Readers should refer to the condensed interim consolidated financial statements and management discussion and analysis (“MD&A”) for the three months ended March 31, 2017 for complete information, which […]

Founders Advantage Capital Corp. Provides Update and Increases 2017 Guidance

CALGARY, ALBERTA–(Marketwired – May 18, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FAC”) is pleased to report the following key performance indicators for its investee entities for the three months ended March 31, 2017. The Corporation anticipates its quarterly financial statements and related management’s discussion and analysis will be filed on May 29, 2017: Dominion Lending […]

Founders Advantage Capital Offers Liquidity Without Boredom

Founders Advantage Capital Corp. Announces Fiscal 2016 Results; Provides Update on Investees

CALGARY, ALBERTA–(Marketwired – May 1, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to report its financial results for the fifteen months ended December 31, 2016 (“fiscal 2016”). The comparative period is the year ended September 30, 2015 (“fiscal 2015”). Note that during fiscal 2016, the Corporation changed its year end from September 30 to December […]

Founders Advantage Capital Corp. Declares Quarterly Dividend

CALGARY, ALBERTA–(Marketwired – March 15, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.0125 per common share. The dividend will be payable on April 12, 2017 to shareholders of record as at March 31, 2017. The shares will […]

Founders Advantage Capital Corp. Completes Acquisition of a Majority Interest in IMPACT Radio Accessories; Announces Increase to ATB Credit Facility

CALGARY, ALBERTA–(Marketwired – March 1, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of a 52% majority interest (the “Transaction”) in Cape Communications International Inc. (which operates as IMPACT Radio Accessories and is referred to herein as “IMPACT”) for a total cash purchase price of $12.0 […]

Founders Advantage Capital Corp. Reports on Transition Year; Outlines 2017 Investee Guidance; Provides Investee Updates; and Details on Analyst Coverage

CALGARY, ALBERTA–(Marketwired – Jan. 24, 2017) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FAC”) is pleased to provide the following corporate update following its first financial year with its new investment model and management team. The last twelve months have been transformational for the Corporation as it accomplished the following key milestones: Adopted a new investment model […]

Business Vancouver – “Calgary’s Founders Advantage Capital snaps up several B.C. acquisitions”

Financial Post/Calgary Herald – “Founders Advantage Capital flips tradition by giving entrepreneurs 70 per cent of growth.”

Founders Advantage Capital Corp. Announces Third Acquisition – Signs Letter of Intent to Acquire a 52% Interest in IMPACT Communications

CALGARY, ALBERTA–(Marketwired – Dec. 22, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FA Capital”) is pleased to announce that it has entered into a letter of intent to acquire a 52% majority interest (the “Transaction”) in IMPACT Communications (“IMPACT”) for a cash purchase price of $12.0 million, subject to closing adjustments. After completion of the Transaction, […]

The Globe and Mail: Founders Advantage Capital offers a twist on private-equity model

Founders Advantage Capital Corp. Completes Acquisition of a Majority Interest in CLUB16 Trevor Linden Fitness and She’s FIT! Health Clubs

CALGARY, ALBERTA–(Marketwired – Dec. 20, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of a 60% majority interest (the “Transaction”) in a limited partnership (“CLUB16 LP”) holding eight (8) Club16 Trevor Linden Fitness Clubs (“CLUB16”) and five (5) She’s FIT! Health Clubs (“She’s FIT!”) in the […]

DLC Enters Letter of Intent to Acquire Marlborough Stirling Canada Limited

CALGARY, ALBERTA–(Marketwired – Dec. 14, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FA Capital”) is pleased to announce that its subsidiary Dominion Lending Centres (“DLC”) has entered into a letter of intent to acquire all of the securities of Marlborough Stirling Canada Limited (“MSC”) for an aggregate purchase price of $5.5 million. The acquisition is expected […]

Founders Advantage Capital Corp. Announces Extension of ATB Credit Facilities

CALGARY, ALBERTA–(Marketwired – Dec. 7, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce the extension of its $17 million revolving credit facility and $5 million non-revolving credit facility with ATB Financial from December 31, 2016 to June 30, 2017. As at the date hereof, the Corporation has $5 million drawn on the non-revolving credit […]

Canadian Business Journal: Founders Advantage Capital

Axial: How to Attract Proprietary Deal Flow

Founders Advantage Capital Corp. Announces Quarterly Results

CALGARY, ALBERTA–(Marketwired – Nov. 10, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to report its financial results for the quarter ended September 30, 2016 (“Q4 2016”). The comparative period is the quarter ended September 30, 2015 (“Q4 2015”). Note that during Q4 2016, the Corporation changed its year end from September 30 to December 31. […]

Founders Advantage Capital Corp. Announces Dividend Policy

CALGARY, ALBERTA–(Marketwired – Nov. 4, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FA Capital”) is pleased to announce that as part of the Corporation’s long-term strategy to maximize shareholder value, the Board of Directors has approved the implementation of a new dividend policy: In 2017, the Company will pay an annual dividend of $0.05 per common […]

Founders Advantage Capital Corp. Announces Letter of Intent to Acquire a 60% Interest in CLUB16 Trevor Linden Fitness and She’s FIT! Health Clubs

CALGARY, ALBERTA–(Marketwired – Nov. 2, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FA Capital”) is pleased to announce that it has entered into a letter of intent to acquire a 60% majority interest (the “Transaction”) in a limited partnership (“CLUB16 LP”) holding eight (8) Club 16 Trevor Linden Fitness Clubs (“CLUB16”) and five (5) She’s FIT! […]

DLC President Gary Mauris Inducted into the Canadian Mortgage Hall of Fame

CALGARY, ALBERTA–(Marketwired – Oct. 21, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is proud to report that Gary Mauris, President of Dominion Lending Centres and director of the Corporation, is being inducted into the Canadian Mortgage Hall of Fame in Vancouver on November 28, 2016. The Canadian Mortgage Hall of Fame was created by Mortgage Professionals Canada […]

DLC Guide “Change of Space: The New Mortgage Rules”

Dominion Lending Centres breaks down the new changes to the mortgage space, answering your most asked questions — What, Who and Why? — And how WE can help!

DLC Comments on New Mortgage Rules; Announces Increased Credit Facility to Fund Growth Initiatives

CALGARY, ALBERTA–(Marketwired – Oct. 13, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) owns a 60% interest in Dominion Lending Centres (“DLC”). With the recent changes to the mortgage rules by the Federal Government, we have asked DLC to comment on the new rules and the anticipated effect on DLC. DLC is not a lender and does not […]

DLC Adopts Monthly Cash Distribution Policy

CALGARY, ALBERTA–(Marketwired – Sept. 26, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that the Board of Directors of Dominion Lending Centre Group of Companies (“DLC”) has resolved to distribute $900,000 of monthly cash distributions to its securityholders commencing in October, 2016. As the Corporation holds a 60% interest in DLC, the Corporation anticipates […]

Founders Advantage Capital Corp. Files Annual Information Form

CALGARY, ALBERTA–(Marketwired – Sept. 12, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has filed its Annual Information Form on SEDAR. The Annual Information Form contains disclosure on the Corporation and on Dominion Lending Centre Group of Companies (of which the Corporation holds a 60% interest). About Founders Advantage Capital Corp. The […]

Founders Advantage Capital Corp. Changes Financial Year End

CALGARY, ALBERTA–(Marketwired – Sept. 8, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) wishes to announce that, effective in 2016, its financial year-end will be changed from September 30 to December 31 to align the Corporation’s year end with the year-ends of its investee subsidiaries and peer group. Management anticipates this will simplify accounting and reduce costs and […]

Founders Advantage Capital Corp. Announces Third Quarter 2016 Results

CALGARY, ALBERTA–(Marketwired – Aug. 29, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to report its financial results for the third quarter ended June 30, 2016 (“Q3 2016”). The comparative period is the third quarter ended June 30, 2015 (“Q3 2015”). All results are presented in Canadian dollars. Readers should refer to the Q3 2016 management […]

Founders Advantage Capital Corp. Files Business Acquisition Report for Acquisition of Majority Interest in Dominion Lending Centres

CALGARY, ALBERTA–(Marketwired – Aug. 17, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation“) announced today that it has filed its Business Acquisition Report (“BAR”) in connection with the Corporation’s acquisition of a 60% majority interest in Dominion Lending Centres (“DLC”) on June 3, 2016. The BAR is available for review on SEDAR at www.sedar.com. As prescribed by applicable […]

Founders Advantage Capital Corp. Announces New Credit Facility

CALGARY, ALBERTA–(Marketwired – July 19, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has entered into a commitment letter (the “Commitment Letter”) with Alberta Treasury Branches (“ATB”) wherein ATB has agreed to provide the Corporation a new $22 million credit facility comprised of a $17 million revolving facility (“Facility A”) and a […]

Founders Advantage Capital Corp. Announces Option Grant

CALGARY, ALBERTA–(Marketwired – July 7, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation“) announced today that it has granted 1,802,500 incentive stock options (the “Options”) pursuant to the Corporation’s Stock Option Plan (the “Plan”) to certain directors, officers and employees of the Corporation. The Options are exercisable at a price of $4.40 per share, the last closing price […]

Founders Advantage Capital Corp. Completes Equity Financings for Approximately $33 Million

CALGARY, ALBERTA–(Marketwired – July 6, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation” or “FAC“) is pleased to announce that it has completed its previously announced private placement offering of common shares of the Corporation at a price of $4.00 per class “A” […]

Founders Advantage Capital Corp. Increases Size of Equity Offering

CALGARY, ALBERTA–(Marketwired – June 22, 2016) – THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation“) is pleased to announce that it has increased the size of its recently announced non-brokered offering of […]

Founders Advantage Capital Corp. Announces C$20,000,000 “Bought Deal” Financing

CALGARY, ALBERTA–(Marketwired – June 21, 2016) – THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Company”) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and TD […]

Founders Advantage Capital Corp. Appoints Gary Mauris to Board of Directors

CALGARY, ALBERTA–(Marketwired – June 20, 2016) – Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation“) is pleased to announce that Gary Mauris has been appointed to the Board of Directors of the Corporation. Mr. Mauris is the President and Chief Executive Officer of Dominion Lending Centres (“DLC”) and will be considered a non-independent director as the Corporation has recently acquired […]

Founders Advantage Capital Corp. Completes Acquisition of a Majority Interest in Dominion Lending Centres

CALGARY, ALBERTA–(Marketwired – June 3, 2016) – NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of a 60% majority interest (the “Transaction”) in the Dominion Lending Centres group of companies (“DLC”) for aggregate consideration […]

Founders Advantage Capital Corp. Announces Executive Appointment

CALGARY, ALBERTA–(Marketwired – May 20, 2016) – NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Founders Advantage Capital Corp. (TSX VENTURE:FCF) (the “Corporation“) is pleased to announce that Darren Prins has been appointed Chief Financial Officer of the Corporation. Mr. Prins will join the Corporation upon fulfilling his obligations to his current employer and […]

FCF Capital Inc. Announces Shareholder Meeting Results, Including Approval of Name Change and Share Consolidation

CALGARY, ALBERTA–(Marketwired – May 16, 2016) – NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FCF Capital Inc. (TSX VENTURE:FCF) (the “Corporation“) is pleased to announce that at the annual and special meeting of its shareholders held today, each item of business placed before shareholders was approved by over 98.5% of shareholders present, including: […]

FCF Capital Inc. Signs Purchase Agreement to Acquire a Majority Interest in Dominion Lending Centres

CALGARY, ALBERTA–(Marketwired – May 13, 2016) – NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FCF Capital Inc. (TSX VENTURE:FCF) (the “Corporation” or “FCF“) is pleased to announce that it has entered into an arm’s length purchase agreement (the “Purchase Agreement“) pursuant to which it will acquire a 60% majority interest (the “Transaction“) in […]

FCF Capital Inc. Announces Executive Appointment

CALGARY, ALBERTA–(Marketwired – April 25, 2016) – FCF Capital Inc. (TSX VENTURE:FCF) (the “Corporation” or “FCF Capital”) is pleased to announce James Bell has been appointed General Counsel and Corporate Secretary of the Corporation. Mr. Bell is a corporate and securities lawyer with over 15 years of experience. Mr. Bell has served as General Counsel for Olympia Financial Group Inc. […]

FCF Capital Inc. Announces Annual and Special Meeting of Shareholders and Director Appointments

CALGARY, ALBERTA–(Marketwired – April 18, 2016) – FCF Capital Inc. (TSX VENTURE:FCF) (the “Corporation” or “FCF Capital“) is pleased to announce that it will hold an annual and special meeting of its shareholders on May 16, 2016 (the “Meeting“) for the purpose of: (i) receiving and considering the annual financial statements of the Corporation; (ii) electing the board of directors […]

FCF Capital Inc. Completes Subscription Receipt Offering

CALGARY, ALBERTA–(Marketwired – April 14, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES FCF Capital Inc. (TSX VENTURE:FCF) (the “Corporation” or “FCF“) is pleased to announce that it has completed its previously announced private placement offering of subscription receipts (“Subscription Receipts“) in the capital of FCF at a price of $0.14 […]

FCF Capital Inc. Provides Update on Previously Announced Financing

CALGARY, ALBERTA–(Marketwired – March 10, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES FCF Capital Inc. (TSX VENTURE:FCF) (the “Company” or “FCF“) is pleased to provide the following update concerning the Company’s pursuit of a private placement financing, as previously announced February 3, 2016. The Company has entered into an agreement […]

FCF Capital Inc. Provides Update on Management Team

CALGARY, ALBERTA–(Marketwired – March 8, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES FCF Capital Inc. (TSX VENTURE:FCF) (the “Company” or “FCF“) is pleased to announce that it has retained Mr. Mike Matishak to lead the Company’s finance team as Chief Financial Officer, effective upon the approval of the TSX Venture […]

Harrington Global Limited Enters into Nomination and Voting Agreement with FCF Capital Inc.

TORONTO, ONTARIO–(Marketwired – Feb. 23, 2016) – Harrington Global Limited (“Harrington“) announced today that it has entered into a nomination and voting agreement with FCF Capital Inc. (“FCF“) whereby the parties agreed that, for so long as Harrington beneficially owns, or exercises control or director over, in the aggregate, 10% or more of the issued and outstanding Class “A” common […]

FCF Capital Inc. Announces Appointment of Stephen Reid

Toronto, Ontario – February 23, 2016 – FCF Capital Inc. (FCF: TSX-V) (the “Company” or “FCF”) is pleased to announce (i) the appointment of Stephen Reid to the board of directors of FCF, and as the President and Chief Executive Officer of FCF, (ii) the appointment of James Bell as a director of the Company, and (iii) the acquisition of […]

FCF Capital Inc. Announces Plans to Appoint Stephen Reid as CEO

Toronto, Ontario – February 3, 2016 – FCF Capital Inc. (FCF: TSX-V) (the “Company” or “FCF”) is pleased to announce that it has entered into a letter agreement (the “Agreement”) with Stephen Reid and a corporation that is wholly-owned by Mr. Reid, that the Company believes will be critical to enhancing shareholder value. The key terms of the Agreement provide for (i) the […]

FCF Capital Inc. Announces US$2 Million Investment

Toronto, Ontario – December 18, 2015 – FCF Capital Inc. (FCF: TSX-V) (the “Company” or “FCF”) is pleased to announce that it has agreed to make an equity investment (the “Investment”) of US$2 million cash in Vital Alert Communication Inc. (“Vital”). The Investment is expected to close on or about December 21, 2015 and would result in FCF acquiring 25,999,568 […]