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Dominion Lending Centres Inc. Investors Presentation, November 2020 - Download All items will open in a new tab.

Fact Sheet

Stock Information

Shares Outstanding: 46,653,941

Corporate Governance

Preferred Shares

Effective December 31, 2020, Founders Advantage Capital Corp. completed its 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 class B preferred shares (the “Preferred Shares”). The actual number of Preferred Shares is an arbitrary number for administrative convenience as the Preferred Shares have fixed entitlements and are not convertible into Common Shares. The Preferred Shares are non-voting and non-convertible into Common Shares, will not be listed on any exchange, and will provide the Preferred Shareholders with similar economic and legal entitlements as the acquired units of DLC LP. The terms and conditions of the Preferred Shares are set out in the Corporation’s information circular dated November 9, 2020 (which is available on SEDAR) and further outlined in the following documents:

The following three documents, the Investor Rights Agreement, Preferred Shares Terms and Corporate Reorganization Q&A outline the key Preferred Share terms and conditions as well as commentary as to why Preferred Shares were issued to acquire the DLC LP units the that the Corporation did not otherwise own.

Analyst Coverage

Dominion Lending Centres Inc. is followed by the research analysts listed below. Any opinions, estimates, or forecasts regarding Dominion Lending Centres Inc’s performance made by these analysts are theirs alone and do not represent opinions, forecasts, or predictions of Dominion Lending Centres Inc. or its management. Dominion Lending Centres Inc. does not, by its reference below or distribution, imply its endorsement of, or concurrence with, such information, conclusions, or recommendations. Dominion Lending Centres Inc. does not provide analyst reports to persons outside of the corporation. Please contact the research analyst directly to obtain a report.
Organization Contact Name Phone Email
Clarus Securities Noel Atkinson 416-343-3352 natkinson@clarussecurities.com
Desjardins Capital Markets Gary Ho 416-607-3022 gary.ho@desjardins.com

Non-Core Businesses

Dominion Lending Centres Inc will continue to hold its ownership interest in the Non-Core Assets, being Club16 Trevor Linden Fitness and Impact Communications, and will continue to have an investment policy in place. The Non-Core Assets were acquired by Founders Advantage Capital Corp prior to the corporate reorganization announced on October 5, 2020. The Corporation paid $34.5 million in aggregate for the Non-Core Assets.

Club16 & She’s Fit

CLUB16 and She’s FIT! believes it is revolutionary in the fitness industry. The biggest barrier to joining a health club used to be high membership fees, fixed contracts and the perception that you must be fit to go to a health club. Removing these barriers with “no contract memberships”, “affordable start up fees” and “value priced dues” as well as monitoring our health clubs for negative issues that make the average person uncomfortable in the fitness/health club environment, allows our health clubs to be more accessible and affordable to everyone. In pursuing our business model, management feels CLUB16 and She’s FIT! can play a large part in helping more people improve their health and their lives. Chuck Lawson (President & CEO) is the recipient of the 2018 Fitness Industry Council of Canada award, which recognizes a proven industry leader, who is passionate about the wellbeing and promotion of the fitness industry and has contributed significantly in its growth. Congratulations to Chuck Lawson and the entire Club16 team. Please see following link for more information about Chuck’s achievements and this award.

Impact Radio Accessories

Impact is one of the largest designers and suppliers of unique radio communication products for mission critical public safety, military, security, retail and hospitality applications. Headquartered in the city of Kelowna, in the Okanagan Valley of British Columbia, with a distribution center in Wilmington, North Carolina, Impact has grown to be one of the largest aftermarket brands in North America