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TIMIA Capital ( (TSE:MONT) ) just unveiled an announcement.
Montfort Capital Corp. has completed the sale of its mortgage lending business to Brightpath Holdings Corporation, a company controlled by former director Blake Albright. This transaction involves the transfer of shares and securities, including a promissory note, and provides Montfort with the option to repurchase certain shares under specific conditions. The sale marks a strategic move for Montfort, potentially impacting its market positioning and financial strategy.
More about TIMIA Capital
Montfort Capital Corp. is a trusted provider of focused private credit strategies for institutional investors, family offices, and wealth managers. The company employs experienced management teams to drive superior risk-adjusted investment returns.
YTD Price Performance: 25.00%
Average Trading Volume: 66,330
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.99M
For detailed information about MONT stock, go to TipRanks’ Stock Analysis page.