11:20 AM EST - Montfort Capital Corporation : Announced that its insurance lending subsidiary, Langhaus Financial Partners Inc, has increased its bank funding capacity by $65 million. Additionally, Montfort has launched its Series 1, Class C Preferred Shares for the conversion of $12.5 million of Langhaus Class A Preferred Shares. Langhaus is the leading non-bank provider of life insurance backed lending solutions to high-net-worth individuals and entrepreneurs in Canada. This expansion is a strategic move to support the rapid growth of Langhaus' insurance lending business. Montfort Capital Corporation
shares V.MONT are trading unchanged at $0.25.
