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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
Vancouver, British Columbia – May 16, 2023 – 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 25,728,184 99.99% 371 0.01% Chris Kayat 25,728,184 99.99% 371 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 June 30, 2022 (“Q2-2022”) and six months ended June 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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”).
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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. […]
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 […]
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! […]
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 […]
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!
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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” […]
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 […]
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 […]
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 […]
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 […]
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 […]
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: […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]