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Montfort Capital Announces Pause on Dividends for Series A Class A Preferred Shares and Series 1 Class C Preferred Shares

Newswire.ca - Thu Apr 3, 2025

TORONTO, April 3, 2025 /CNW/ - Montfort Capital Corp. ("Montfort" or the "Company") (TSXV: MONT), has elected to pause the quarterly dividend on the Series A Class A Preferred Shares (each, a "Class A Preferred Share") and Series 1 Class C Preferred Shares (each, a "Class C Preferred Share").  The Board of Directors of Montfort has determined that, in consideration of Montfort's ongoing restructuring activities and in order to preserve capital to ensure the financial flexibility of Montfort, this pause is a prudent and necessary decision for the Company.

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