TIMIA Capital (TSE:MONT) has released an update.
Montfort Capital Corp. has successfully completed the acquisition of the remaining minority stake in Langhaus Financial Partners Inc., strengthening its position as a provider of insurance policy-backed lending solutions. The deal involved the issuance of over 5 million common shares, valued at approximately $2.6 million. This strategic move allows Montfort to fully integrate Langhaus’s services and expertise, particularly in structured finance transactions for high-net-worth individuals in Canada.
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