Madison Venture Corporation Announces Acquisition of Shares of Madison Pacific Properties Inc.

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentVANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) — Madison Venture Corporation (“MVC” or the “Company”) reports that it has acquired a total of 45,000 Class B voting shares (“B Shares”) at a price of $4.90 per B Share and 653,413 Class C non-voting shares (“C Shares”) at a price of $4.65 per C Share of Madison Pacific Properties Inc. (“MadPac”) for total consideration of $3,258,870.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentPrior to the transaction, MVC had ownership and control over 3,627,526 B Shares, representing approximately 49.32% of the outstanding B Shares of MadPac and 24,945,284 Class C non-voting shares (“C Shares”), representing approximately 47.87% of the outstanding C Shares of MadPac. Following the transaction, MVC has ownership and control over 3,672,526 B Shares of MadPac, representing approximately 49.93% of the outstanding B Shares of MadPac and 25,598,697 C Shares of MadPac representing 49.13% of the outstanding C Shares of MadPac.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentMVC acquired the shares from the holdings of a deceased director of Madpac as an equity investment in MadPac.Article contentMadPac’s head office is located at 389 West 6th Avenue, Vancouver, BC V5Y 1L1.Article contentFor further information, or to obtain a copy of the acquisition report filed under securities legislation, please contact Mr. Bruce Aunger, Director, at 604-708-3283.Article contentB Shares and C Shares in MadPac are traded on the Toronto Stock Exchange under the symbol MPC and MPC.C, respectively.Article contentAbout the Company: The Company is a privately held diversified holding company.Article contentArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Iran oil revenue soars as it's the only exporter out of Hormuz Oil & Gas Meet the Canadian e-bike maker who is redefining the factory floor Electric Vehicles Quebec demands Air Canada’s CEO resignation in 92 to 0 vote Airlines Why market bets for interest rate hikes in Canada are so high Economy LNG Canada signs key pipeline agreement required for phase two expansion Energy Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Iran oil revenue soars as it's the only exporter out of Hormuz Oil & Gas Meet the Canadian e-bike maker who is redefining the factory floor Electric Vehicles Quebec demands Air Canada’s CEO resignation in 92 to 0 vote Airlines Why market bets for interest rate hikes in Canada are so high Economy LNG Canada signs key pipeline agreement required for phase two expansion Energy