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Montfort Capital Closes Sale of TIMIA Group

Newswire.ca - Fri Nov 1, 2024

(All figures in Canadian dollars)

TORONTO, Nov. 1, 2024 /CNW/ - Montfort Capital Corp. ("Montfort" or the "Company") (TSXV: MONT), a trusted provider of focused private credit strategies for institutional investors, family wealth offices, and wealth managers, is pleased to announce it has closed the transaction previously announced on October 17, 2024, pursuant to which an affiliate of Round 13 Capital ("Round 13"), an arm's length third party, acquired from the Company all of its right, title and interest to the entities comprising the TIMIA Capital business unit (the "TIMIA Group"), together with Montfort's equity interests in the TIMIA Group investment funds.

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