CALGARY, Alberta, Feb. 23, 2018 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V:FCF) (the “Corporation”) is pleased to announce that its investee partner Dominion Lending Centres Group (“DLC”) was Canada’s top mortgage brokerage firm in Canada in 2017 based on total mortgage volumes.
Gary Mauris, President of DLC commented: “We are very proud of our entire broker network for their efforts in 2017. With the changing mortgage marketplace in Canada, we believe more Canadians are recognizing the benefits of using a DLC mortgage broker to buy a home or refinance their existing home. As getting a mortgage becomes more difficult, more and more Canadians are turning to DLC for support in financing what is likely the largest and most important purchase of their lives.”
About Founders Advantage Capital Corp.
The Corporation is listed on the TSX Venture Exchange as an Investment Issuer (Tier 1) and employs a long-term investment approach. The Corporation has developed an investment approach to create long-term value for its shareholders and partner entrepreneurs (investees) by pursuing controlling interest acquisitions of cash flow positive, premium middle-market privately-held entities. The Corporation seeks to win mandates by appealing to the segment of the market which is not aligned with traditional private equity control, royalty monetizations or related structures. The Corporation’s innovative platform offers incentives (contractually) for growth in favour of our partner entrepreneurs. This unique platform is designed to appeal to entrepreneurs who believe in the growth of their businesses and who want the added ability to continue to manage the business with a long-term partner.
The Corporation’s common shares are listed on the TSX Venture Exchange under the symbol “FCF”.
For further information please refer to the Corporation’s website at www.advantagecapital.ca.
Contact information for the Corporation is as follows:
Chief Executive Officer
Chief Operating Officer
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.