Firm Capital Mortgage Investment Corporation Announces Election of Directors
Franklin CoveyFranklin Covey(US:FC) GlobeNewswire News Room·2024-06-10 21:15

Core Points - Firm Capital Mortgage Investment Corporation held its annual and special meeting where all director nominees were elected as directors [1] - The voting results showed high approval rates for the nominees, with percentages ranging from 95.62% to 98.57% for votes "For" [1][3] - The Corporation aims to preserve shareholders' equity while providing a stable stream of monthly dividends through investments in niche markets [5] Voting Results - Geoffrey Bledin received 8,150,536 votes "For," representing 98.48% approval [3] - Eli Dadouch received 8,158,145 votes "For," representing 98.57% approval [3] - Morris Fischtein received 8,109,522 votes "For," representing 97.98% approval [3] - Stanley Goldfarb received 7,914,433 votes "For," representing 95.62% approval [3] - Victoria Granovski received 8,136,355 votes "For," representing 98.31% approval [3] - Anthony Heller received 8,099,125 votes "For," representing 97.86% approval [3] - Jonathan Mair received 7,953,362 votes "For," representing 96.09% approval [3] - Hon. Francis Newbould received 8,119,044 votes "For," representing 98.10% approval [3] - Hon. Joe Oliver, P.C. received 8,119,392 votes "For," representing 98.10% approval [3] - Keith Ray received 8,118,916 votes "For," representing 98.09% approval [3] - Lawrence Shulman received 8,113,281 votes "For," representing 98.03% approval [3] - Michael Warner received 8,113,310 votes "For," representing 98.03% approval [3] Company Overview - Firm Capital Mortgage Investment Corporation operates as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing [5] - The Corporation is classified as a Mortgage Investment Corporation (MIC) under the Income Tax Act (Canada), allowing it to avoid taxation on income if distributed as dividends [5] - The Corporation's financial results and management discussions are available on the SEDAR+ website [5]