TORONTO, May 8, 2024
/CNW/ - MCAN Mortgage Corporation d/b/a MCAN Financial Group
("MCAN" or the "Company") today announced the final director
election results from MCAN's 2024 Annual General Meeting of
Shareholders held on May 7, 2024.
By a vote by ballot, the director nominees listed in the table
below were all elected as directors of the Company to serve until
the next annual meeting of shareholders of the Company or until
their resignations or their successors are elected or
appointed.
The number of shares, which were voted in favour of or
withheld from voting by ballot for the election of each such
director nominee, and such number as a percentage of the votes
cast, were as follows:
|
DIRECTOR
NOMINEES
|
NUMBER OF
SHARES
|
PERCENTAGE OF VOTES
CAST
|
|
FOR
|
WITHHELD
|
FOR
|
WITHHELD
|
|
Bonnie
Agostinho
|
13,738,597
|
30,149
|
99.78
|
0.22
|
|
Brian W. Chu
|
13,673,771
|
97,225
|
99.29
|
0.71
|
|
John E. Coke
|
13,721,361
|
49,635
|
99.64
|
0.36
|
|
Donald E.
Coulter
|
13,712,919
|
56,853
|
99.59
|
0.41
|
|
Glenn Doré
|
13,742,608
|
28,388
|
99.79
|
0.21
|
|
Philip C.
Gillin
|
13,718,264
|
52,966
|
99.62
|
0.38
|
|
Karen L.
Martin
|
13,705,164
|
63,582
|
99.54
|
0.46
|
|
Gaelen J.
Morphet
|
13,709,783
|
58,963
|
99.57
|
0.43
|
|
Derek G.
Sutherland
|
13,868,619
|
23,400
|
99.83
|
0.17
|
MCAN Mortgage Corporation d/b/a MCAN Financial Group is a
public company listed on the Toronto Stock Exchange under the
symbol MKP and is a reporting issuer in all provinces and
territories in Canada. MCAN
also qualifies as a mortgage investment corporation ("MIC") under
the Income Tax Act (Canada).
MCAN is the largest MIC in Canada and the only federally regulated
MIC.
MCAN's primary objective is to generate a reliable stream of
income by investing in a diversified portfolio of Canadian
mortgages, including residential mortgages, residential
construction, non-residential construction and commercial loans, as
well as other types of securities, loans, and real estate
investments. MCAN employs leverage by issuing term deposits
that are eligible for Canada Deposit Insurance Corporation deposit
insurance. MCAN is Investing in Communities and Homes for
Canadians.
Website: www.mcanfinancial.com
SOURCE MCAN Mortgage Corporation