Mainstreet Equity Corp.TSX: MEQ

Mainstreet announces grant of stock options

· Issued by Mainstreet Equity Corp. via CNW

CALGARY, March 12 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or "the Corporation") (TSX: MEQ) announces that it has granted an aggregate of 925,000 stock options to its directors and executive officers at an exercise price of $5.51 per common share. Such options shall expire on March 10, 2019.

About Mainstreet

Mainstreet is a Calgary-based, growth-oriented real estate corporation focused on the acquisition, redevelopment, repositioning, asset and property management of mid-market apartment buildings. The Corporation currently owns and operates residential rental units, including apartments and townhouses, in the Vancouver Lower Mainland (Surrey and Abbotsford), Calgary, Edmonton, Saskatoon and the Greater Toronto Area.

Mainstreet's common shares are listed on the Toronto Stock Exchange under the symbol MEQ.