Madison Mortgage Corporation

February 20, 2009 18:19 ET

Madison Mortgage Corporation Acquires Shares of ComWest Enerprise Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 20, 2009) - Madison Mortgage Corporation ("Madison") wishes to announce that it has acquired 1,433,394 Class A Shares and 1,433,443 Class B Shares of ComWest Enterprise Corp. ("ComWest") pursuant to a realization effected by its subsidiary MMC Properties Ltd. under a share pledge. Based on ComWest's public filings, Madison has acquired ownership of 28.51% of the outstanding Class A Shares and 20.36% of the outstanding Class B Shares of ComWest. The shares were acquired for investment purposes.

For further information, or a copy of the acquisition report filed under securities legislation, please contact Ralph Matheson at (604) 708-3258.

Contact Information

  • Madison Mortgage Corporation
    Ralph Matheson
    (604) 708-3258