TORONTO , May 9, 2025 /CNW/ – MCAN Mortgage Corporation d/b/a MCAN Financial Group (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2025 Annual and Special Meeting of Shareholders held on May 8, 2025 .
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
14,030,580
154,528
98.91
1.09
Brian W. Chu
14,107,515
77,164
99.46
0.54
John E. Coke
14,046,651
137,228
99.03
0.97
Glenn Doré
14,065,336
118,543
99.16
0.84
Philip C. Gillin
14,107,497
144,817
98.98
1.02
Karen L. Martin
13,973,667
133,016
99.06
0.94
Gaelen J. Morphet
14,059,135
124,729
99.12
0.88
Derek G. Sutherland
14,102,049
81,845
99.42
0.58
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 that issues term deposits eligible for Canada Deposit Insurance Corporation deposit insurance.
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 is Investing in Communities and Homes for Canadians.
SOURCE MCAN Mortgage Corporation
Discover more from Weekly Voice
Subscribe to get the latest posts sent to your email.
