Dominion Lending Centres Completes $59.15 Million Share Offering

Dominion Lending Centres, Inc. (Canada) Class A ( (TSE:DLCG) ) just unveiled an update.

Dominion Lending Centres Inc. announced the closing of a $59.15 million secondary private placement offering of Class A common shares. The sale was conducted by Mauris Family Investments Inc. and 603908 B.C. Ltd., reducing their ownership stakes in the company. The transaction did not provide proceeds to Dominion Lending Centres but was significant for the selling shareholders, who have agreed to a 180-day lock-up period, indicating stability in the company’s shareholder structure.

More about Dominion Lending Centres, Inc. (Canada) Class A

Dominion Lending Centres Inc. operates in the financial services industry, focusing on mortgage brokerage services. The company is based in Canada and is known for its extensive network of mortgage professionals, providing a wide range of lending solutions to consumers.

YTD Price Performance: 4.21%

Average Trading Volume: 103,136

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$640.4M

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