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MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) today announced additional information regarding the participation of insiders of MCAN in the rights offering of the Company that expired on December 20, 2022 (the "Rights Offering").
MCAN Mortgage Corporation d/b/a MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP) today announced the successful completion of its previously announced rights offering (the "Rights Offering") to eligible holders of its common shares (the "Common Shares") which expired at 5:00 p.m. (Toronto time) on December 20, 2022 (the "Expiry Date"). The Rights Offering was oversubscribed by 1.75 times.