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This document reports a material change involving MCAN Mortgage Corporation's preliminary short form prospectus for a proposed public offering of up to 2 million common shares.
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How to fill out 51-102F3

01
Begin by downloading the 51-102F3 form from the official regulatory website.
02
Carefully read the instructions provided at the beginning of the form.
03
Fill out the identification section with your name, address, and contact information.
04
Complete the section regarding the purpose of the form, specifying the nature of the information being reported.
05
If applicable, provide details of any changes or updates since the last submission.
06
Review the required disclosures and ensure all relevant information is accurately detailed.
07
Sign and date the form at the designated area.
08
Submit the completed form either by mail or electronically, following the submission guidelines provided.

Who needs 51-102F3?

01
Filing professionals who need to report changes in financial reporting or management.
02
Companies subject to provincial regulations in securities and finance.
03
Individuals or entities who wish to remain compliant with regulatory frameworks.
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A company discloses a material change by issuing and filing a press release describing the change. A company must also file a material change report as soon as practicable, and no later than 10 days after the change occurs.
any change to the target or maximum offering amounts; any change to the terms of the security; any substantial change to the company's officers and directors; and. any substantial change to the company's financial information.
We generally write numbers in words using the English alphabet. Thus, we can read 51 in English as “Fifty-one”.
A change in the business, operations or capital of the issuer that would reasonably be expected to have a significant effect on the market price or value of any of the securities of the issuer.
When a material change occurs, the reporting issuer must: immediately issue and file a news release disclosing the substance of the change. file a material change report on Form 51-102F3 Material Change Report within 10 days of the date of which the change occurs.
A material change is one that has the potential to alter the overall impact or performance of the agreement for one or more parties. These changes are often considered substantial enough to warrant renegotiation, approval, or notification, as they can affect the rights, risks, or benefits of the parties involved.

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51-102F3 is a form used in Canada for reporting material changes to the security holders of a company under the regulations of the Canadian Securities Administrators.
Public companies that are reporting issuers in Canada must file 51-102F3 when they experience material changes that affect their securities or the company itself.
To fill out 51-102F3, a company must provide specific details regarding the material change, outline the impact on its operations or financial status, and follow the guidelines stipulated by the Canadian Securities Administrators.
The purpose of 51-102F3 is to ensure that all investors have timely and accurate information regarding material changes that may affect their investment decisions in a transparent manner.
The report must include a description of the material change, the date it occurred, the reasons for the change, and any implications for the company's operations or financial condition.
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