Montfort Capital Grants Restricted Share Units

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[{"type":"text","content":"\n \n \n \n Montfort Capital Grants Restricted Share Units\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 2, 2023\n \n \n /CNW/ -\n \n Montfort Capital Corp. (\"Montfort\" or the \"Company\")\n \n (TSXV: MONT) (OTCQB: MONTF), a leading alternative lender utilizing focused strategies, experienced management teams and advanced technology, today announced the grant of 960,000 restricted share units (\"RSUs\") to directors of the Company in accordance with the rules of the TSX Venture Exchange and the Company's Equity Incentive Plan. The RSUs granted to the directors of the Company will vest on\n \n August 2, 2024\n \n and once vested, each RSU will entitle the holder thereof to receive, at the discretion of the board of directors, either a common share in the capital of the Company (\"\n \n Common Share\n \n \"), a cash payment equivalent to the fair-market value of the Common Share issuable upon vesting of the RSUs, or a combination thereof.\n \n \n The RSU grants are subject to all necessary regulatory approval.\n \n \n \n About Montfort Capital Corp.\n \n \n \n \n Montfort\n \n manages a diversified group of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee-related performance.\n \n Montfort\n \n facilitates transparency for all of its investors through public company reporting. For further information, please visit\n \n www.montfortcapital.com\n \n \n \n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.\n \n \n Forward-Looking Information\n \n \n Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, \"forward-looking statements\"). Forward-looking statements normally contain words like 'be...

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