Dominion Lending Centres Inc. Announces Sale of its Interest in Impact Communications

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has completed a sale of its 52% interest in Cape Communications International Inc. (“Impact”) for aggregate cash proceeds of $3.71 million (the “Purchase Price”) to Impact management (the “Purchaser”). The Corporation will use the cash proceeds from the sale to fully repay its junior term facility.

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