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Dominion Lending Centres Inc. (TSX: DLCG) (“DLC Group” or the “Corporation”), a Canadian franchisor of mortgage professionals and owner of Newton Connectivity Systems, said seven director nominees were elected at its annual general meeting of shareholders.
The Corporation reported the following results for the seven director nominees, including votes for and votes withheld:
Dominion Lending Centres Inc. also said the re-appointment of Ernst & Young LLP, Chartered Professional Accountants, as auditors was approved. The Corporation reported 66,875,928 votes cast for (99.99%) and 400 votes withheld (0.01%).
Dominion Lending Centres Inc. is described as one of Canada’s leading networks of mortgage professionals. The company operates through Dominion Lending Centres Inc. and its three main subsidiaries: MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., with operations across Canada. The Corporation said its network includes over 9,000 mortgage professionals and over 500 franchises. It is headquartered in British Columbia and was founded in 2006 by Gary Mauris and Chris Kayat.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
