Builders Capital Mortgage Corp Announces First Closing of Bond Offering
Calgary, Alberta--(Newsfile Corp. - October 10, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") had previously announced its intention to proceed with a participating bond offering (the "Bonds") to raise gross proceeds of up to $50 million closing in one or more tranches (the "Offering"), the details of which are set forth in a news release dated April 8, 2024. The net proceeds of the Offering will be used in the Company's ongoing mortgage lending...
2024-10-10 8:07 PM EDT
Builders Capital Mortgage Corp Announces Anticipated First Closing of Bond Offering
Calgary, Alberta--(Newsfile Corp. - September 10, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") had previously announced its intention to proceed with a participating bond offering (the "Bonds") to raise gross proceeds of up to $50 million closing in one or more tranches (the "Offering"), the details of which are set forth in a news release dated April 8, 2024. The first tranche of the Offering is now expected to close on October 1, 2024. The net...
2024-09-10 7:14 PM EDT
Builders Capital Mortgage Corp. Announces Class A Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - September 10, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on October 31, 2024 to holders of Class A Non-voting shares of record on September 30, 2024. The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with our target,...
2024-09-10 5:28 PM EDT
Builders Capital Mortgage Corp. Reports Second Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - August 29, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") announced today the release of its second quarter financial results for the period ended June 30, 2024. Highlights include: We distributed $0.20 per share to our Class A public shareholders in the second quarter of 2024, again meeting our distribution target as we have every quarter since our inception over 10 years ago. Subsequent to the quarter-end, we...
2024-08-29 2:49 PM EDT
Builders Capital Mortgage Corp. Announces Class B Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.40 per Class B Non-Voting share of the Company. The distribution will be paid on July 31, 2024 to holders of Class B Non-voting shares of record on July 18, 2024. For further information, please contact: Sandy Loutitt, B.A. Econ Chief Executive Officer Telephone: (403) 685-9888 Builders Capital Mortgage...
2024-07-18 6:19 PM EDT
Builders Capital Mortgage Corp. Announces Class A Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - June 19, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on July 31, 2024 to holders of Class A Non-voting shares of record on June 28, 2024. The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with our target, and with our...
2024-06-19 5:50 PM EDT
Builders Capital Mortgage Corp. Reports First Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - May 29, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") announced today the release of its first quarter financial results for the period ended March 31, 2024. Highlights include: We distributed $0.20 per share to our Class A public shareholders in the first quarter of 2024, again meeting our distribution target as we have every quarter since our inception over 10 years ago. Subsequent to the quarter-end, we...
2024-05-29 5:58 PM EDT
Builders Capital Mortgage Corp. Releases Annual Financial Statements; Reports Strong Results for 2023: Annual Income up 21.6% Year-Over-Year
Calgary, Alberta--(Newsfile Corp. - April 18, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") announced today the release of its annual report and financial results for the year ending December 31, 2023. Highlights include: Consistent with our targeted distribution plan and our dividend history since inception, total dividend payments of $0.80 per share were paid to Class A public shareholders in 2023. Total comprehensive income grew to $3.3 million,...
2024-04-18 7:54 PM EDT
Builders Capital Mortgage Corp. Announces Class B Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - April 18, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.40 per Class B Non-Voting share of the Company. The distribution will be paid on April 30, 2024 to holders of Class B Non-voting shares of record on April 30, 2024. For further information, please contact: Sandy Loutitt, B.A. Econ Chief Executive Officer Telephone: (403) 685-9888 Builders Capital...
2024-04-18 4:44 PM EDT
Builders Capital Mortgage Corp. Announces Bond Offer
Calgary, Alberta--(Newsfile Corp. - April 8, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its participating bond offering has received approval for issuance by the TSX Venture Exchange. By way of this bond offering, the Company will raise up to fifty million dollars, the proceeds of which to be used in the Company's ongoing mortgage business to fund short-term, residential construction mortgages in Alberta and British Columbia. The bonds will...
2024-04-08 6:37 PM EDT
Builders Capital Mortgage Corp. Announces Class a Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - March 19, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on April 30, 2024 to holders of Class A Non-voting shares of record on March 28, 2024. The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with our target, and with our...
2024-03-19 6:05 PM EDT
Builders Capital Mortgage Corp. Announces Class B Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - January 24, 2024) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.40 per Class B Non-Voting share of the Company. The distribution will be paid on January 31, 2024 to holders of Class B Non-voting shares of record on January 24, 2024. For further information, please contact: Sandy L. Loutitt, President Telephone: (403) 589-3299 Builders Capital Mortgage Corp. Suite...
2024-01-24 6:22 PM EST
Builders Capital Mortgage Corp. Announces Class A Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - December 18, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on January 31, 2024 to holders of Class A Non-Voting shares of record on December 29, 2023. The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with our target, and...
2023-12-18 5:37 PM EST
Builders Capital Mortgage Corp. Reports Third Quarter 2023 Results: Another Quarter of Strong Consistent Performance
Calgary, Alberta--(Newsfile Corp. - November 29, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") announced today the release of its third quarter financial results for the period ended September 30, 2023. Highlights include: Total comprehensive income ended the quarter at $817,368 in the third quarter of 2023, making this another profitable quarter. We distributed $0.20 per share to our Class A public shareholders continuing our 10-year unbroken...
2023-11-29 8:55 PM EST
Builders Capital Mortgage Corp. Announces Class B Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - October 24, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.40 per Class B Non-Voting share of the Company. The distribution will be paid on October 31, 2023 to holders of Class B Non-voting shares of record on October 24, 2023. For further information, please contact: Sandy L. Loutitt, President Telephone: (403) 589-3299 Builders Capital Mortgage Corp. Suite...
2023-10-24 2:45 PM EDT
Builders Capital Mortgage Corp. Announces Class A Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - September 22, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on October 31, 2023 to holders of Class A Non-Voting shares of record on September 30, 2023. The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with our target,...
2023-09-22 5:57 PM EDT
Builders Capital Mortgage Corp. Announces CFO and Board Resignations, Appointment of Interim CFO
Calgary, Alberta--(Newsfile Corp. - September 6, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that John Strangway has resigned as Chief Financial Officer and a director of the Company effective immediately. Mr. Strangway, who has resigned to pursue other interests and whose resignation is not the result of any dispute or disagreement with the Company on any matter relating to Builders Capital's operations, policies or practices, has served in these...
2023-09-06 4:30 PM EDT
Builders Capital Mortgage Corp. Reports Second Quarter 2023 Results: Higher Rates and Fully Invested Capital Results in Highest-Ever Quarterly Income
Calgary, Alberta--(Newsfile Corp. - August 21, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) ("Builders Capital" or "the Company") announced today the release of its second quarter financial results for the period ended June 30, 2023. Highlights include: Total comprehensive income grew to $833,000 in the second quarter of 2023, making this the most profitable quarter in the ten-year history of Builders Capital. We distributed $0.20 per share to our Class A public shareholders continuing...
2023-08-21 6:05 PM EDT
Builders Capital Mortgage Corp. Announces Class B Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - July 24, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.40 per Class B Non-Voting share of the Company. The distribution will be paid on July 31, 2023, to holders of Class B Non-voting shares of record on July 24, 2023. For further information, please contact: John Strangway, Chief Financial Officer Telephone: (403) 685-9888 Builders Capital Mortgage Corp....
2023-07-24 6:01 PM EDT
Builders Capital Mortgage Corp. Announces Class A Non-Voting Share Distribution
Calgary, Alberta--(Newsfile Corp. - June 21, 2023) - Builders Capital Mortgage Corp. (TSXV: BCF) (the "Company") announced today that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on July 31, 2023, to holders of Class A Non-voting shares of record on June 30, 2023. The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with our target, and with our...
2023-06-21 12:48 PM EDT