Mortgage Company of Canada Inc. - Press Release

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TORONTO, Nov. 18, 2014 /CNW/ - Mortgage Company of Canada Inc. ("MCC" or the "Company") is pleased to announce it has appointed TMX Equity Transfer Services ("TMX Equity") as transfer agent and registrar of MCC effective as of October 31, 2014.  Accordingly, TMX Equity will now be responsible for all transfers for MCC shares through their offices in Toronto. 

Raj Babber, President and CEO of MCC, states, "MCC is delighted to have selected TMX Equity as its transfer agent and we look forward to working with them to provide our investors with the best-in-class service."

About Mortgage Company of Canada Inc.:

MCC is a Toronto-based mortgage investment company that primarily invests in single family residential mortgages in the Greater Toronto Area. MCC's objective is to target a minimum annual yield of 9% by providing its shareholders with stable and secure monthly dividends while preserving shareholders' capital by lending within conservative risk parameters.

MCC is a Mortgage Investment Corporation (MIC) as defined in the Income Tax Act (Canada).

For further information on MCC, please visit www.mcoci.com.

SOURCE: Mortgage Company of Canada Inc.

Raj Babber, President and Chief Executive Officer, Tel: [phone] ext. 222, Email: [email protected]; Greg Goutis, Chief Financial Officer, Tel: [phone] ext. 231, Email: [email protected]