Dominion Lending Centres Receives Conditional Approval to List Common Shares on Toronto Stock Exchange
January 19 2022 - 6:55PM
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 Corporation commented: “Graduating to the TSX is a
significant milestone for DLC. The new TSX listing should enhance
our corporate profile and enable DLC to access a larger group of
potential investors.”
Final approval of the listing is subject to the
Corporation meeting certain customary conditions required by the
TSX. The Corporation will issue a press release once the TSX
confirms the date when trading of the Common Shares is expected to
commence on the TSX. Upon completion of the final listing
requirements, the Corporation’s Common Shares will be delisted from
the TSXV.
Shareholders are not required to exchange their
share certificates or take any other action in connection with the
TSX listing, as there will be no change in the trading symbol or
CUSIP for the Common Shares.
About Dominion Lending Centres
Inc.
The DLC Group is Canada’s leading network of
mortgage professionals. The DLC Group operates through Dominion
Lending Centres and its three main subsidiaries, MCC Mortgage
Centre Canada Inc., MA Mortgage Architects Inc. and Newton
Connectivity Systems Inc., and has operations across Canada. The
DLC Group’s extensive network includes ~7,500 agents and 515
locations. Headquartered in British Columbia, the DLC Group was
founded in 2006 by Gary Mauris and Chris Kayat.
Contact information for the Corporation is as
follows:
James BellCo-President403-560-0821jbell@dlcg.ca |
Robin BurpeeCo-Chief Financial
Officer403-455-9670rburpee@dlcg.ca |
Amar LeekhaSr. Vice-President, Capital
Markets403-455-6671aleekha@dlcg.ca |
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Cautionary Notes and Forward-looking
Statements
This document contains certain forward-looking
information and forward-looking statements within the meaning of
applicable securities legislation (collectively "forward-looking
statements") including, but not limited to, statements that are
related to listing its Common Shares on the TSX. The use of the
words "will", “should”, "expected" and similar expressions are
intended to identify forward-looking statements. Although DLC
believes that the expectations reflected in such forward-looking
statements and/or information are reasonable, undue reliance should
not be placed on forward-looking statements since DLC can give no
assurance that such expectations will prove to be correct. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements, including the risks, uncertainties and other factors
identified in the latest DLC Management's Discussion and Analysis
available at www.sedar.com. Furthermore, the forward-looking
statements contained in this news release are made as at the date
of this news release and the Corporation does not undertake any
obligations to publicly update and/or revise any of the included
forward-looking statements, whether as a result of additional
information, future events and/or otherwise, except as may be
required by applicable securities laws.
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