~All items on the annual shareholder meeting
agenda approved~
TORONTO, May 16, 2023
/CNW/ - Montfort Capital Corp. ("Montfort" or the "Company")
(TSXV: MONT) (OTCQB: MONTF), a leading alternative lender utilizing
focused strategies, experienced management teams and advanced
technology, is pleased to report the results of its 2023 Annual
General Shareholder Meeting ("Meeting").
A total of 38,286,048 common shares were represented in person
or by proxy at the Meeting, representing 41.75% of the total
outstanding shares of the Company as at the record date with a
substantial majority voting in favour of the items on the agenda
including: (a) setting the number of directors at nine and election
of the board of directors; (b) the approval of the Company's equity
incentive plan; and (c) the appointment of PricewaterhouseCoopers
LLP, Chartered Professional Accountants, as auditors of the
Company.
Andrew Abouchar, Blake Albright, Howard
Atkinson, David Demers,
Paul Geyer, Jan Lederman, Thealzel Lee,
Robert Napoli, and Ken Thomson were elected and re-elected to serve
as directors of the Company.
For the complete Notice of Meeting and Management Information
Circular, click HERE to reach the Company's SEDAR filings.
About Montfort Capital Corporation
Montfort manages a diversified
family of specialized private credit brands that utilize focused
strategies and experienced management teams combined with advanced
technology to improve fee related performance. Montfort facilitates transparency for all of
its investors through public company reporting. For further
information, please visit www.montfortcapital.com.
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 news release.
SOURCE Montfort Capital Corp.