Builders Capital Mortgage (TSE:BCF) has released an update.
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Builders Capital Mortgage Corp is set to close the second tranche of its bond offering on January 6, 2025, aiming to raise up to $50 million to fund short-term residential construction mortgages in Alberta and British Columbia. The offering involves participation from related parties, including a significant contribution from Builders Capital 2019 Ltd., owned by the company’s CEO.
For further insights into TSE:BCF stock, check out TipRanks’ Stock Analysis page.