Montfort Capital Announces Delay in Filing Annual Financial Statements and MD&A, and Receives Cease Trade Order

31c5422914510a39d3bb41da703e3e6c Montfort Capital Announces Delay in Filing Annual Financial Statements and MD&A, Issuance of Cease Trade Order

Montfort Capital Corp. Logo (CNW Group/Montfort Capital Corp.)

(SeaPRwire) –   TORONTO, May 9, 2026Montfort Capital Corp. (“Montfort” or the “Company”) (TSXV: MONT) announces, in addition to its press release dated March 30, 2026, that it is delaying the submission of its audited consolidated financial statements, management’s discussion and analysis, and chief executive officer and chief financial officer certifications for the fiscal year ended December 31, 2025 (collectively, the “Required Filings“), which were required to be filed by April 30, 2026 under Canadian securities regulations.

The Company intends to file the Required Filings as soon as practicable and will issue a news release upon completion of such filings. There are no disagreements between the Company and its auditor that have resulted in the delay of the Required Filings.

Cease-Trade Order Issued

Due to the Company’s failure to file the Required Filings by the April 30, 2026 deadline, the Ontario Securities Commission (the “OSC”) issued a cease trade order on May 6, 2026 (the “FFCTO”).

The FFCTO prohibits all trading in securities of the Company across all Canadian jurisdictions where it is a reporting issuer, effective immediately and continuing until the order is revoked. However, an exception applies for beneficial owners of the Company’s securities who meet certain conditions.

This exception allows individuals who were not insiders or control persons of the Company as of May 6, 2026 and who sell securities they acquired before that date, provided:

(a) the sale occurs through a “foreign organized regulated market,” as defined in section 1.1 of the Universal Market Integrity Rules of the Canadian Investment Regulatory Organization; and
(b) the sale is executed via an investment dealer registered in Canada in compliance with applicable securities laws.

The OSC has informed the Company that if the filing default is corrected within 90 days from the issuance of the FFCTO—including any subsequently due annual or interim financial statements, MD&A, and related certifications—then filing the Required Filings will serve as the formal application for revocation of the FFCTO.

About Montfort Capital Corp.
Montfort develops and manages private credit portfolios using focused investment strategies tailored for institutional and accredited investors. For more information, please visit www.montfortcapital.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically characterized by words such as “believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “could,” “estimates,” “expects,” “forecasts,” “projects,” and similar expressions, including their negative forms. In this release, forward-looking information includes expectations regarding the timing and completion of the Required Filings.

Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These factors include, but are not limited to, delays beyond management’s control, changes in regulatory requirements, and unforeseen events affecting audit or filing processes. While management believes the assumptions underlying the forward-looking information are reasonable based on current knowledge, no assurance can be given that the Required Filings will be completed on schedule or at all. Consequently, undue reliance should not be placed on forward-looking information.

All forward-looking information contained herein is subject to this cautionary note, and the Company undertakes no obligation to update or revise such information publicly, except as required by law.

SOURCE Montfort Capital Corp.

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