TORONTO, ON – January 22, 2024 – Montfort Capital Corp. (“Montfort” or the “Company”) (TSX-V:MONT/OTCQB:MONTF), a trusted provider of focused private credit strategies for institutional investors, family offices, and wealth managers, is pleased to announce that its subsidiary Langhaus Financial Partners Inc. (“Langhaus”) has achieved certain financial targets, including assets under management (“AUM”) growth, which resulted in the release of contingent payments set out in the previously announced share purchase agreement. Langhaus has experienced significant growth since its acquisition by Montfort announced in October 2022 which was punctuated by a record month of new loan originations in December 2023.

“This has been the strongest month of portfolio growth in Langhaus’ seven-year lending history and a great finish to the year having completed the terms of the purchase agreement,” said Cory Bast, COO of Langhaus Financial. “We’ve expanded the client base of Langhaus and grown our AUM significantly in 2023.  These results help drive Langhaus’ AUM and bottom-line results and, by extension, Montfort’s as well.”

“Langhaus’ impressive results will continue to be a growing contributor to Montfort’s overall financial performance,” said Ken Thomson, Chief Strategy Officer of Montfort Capital. “As a leading independent provider of insurance policy-backed loans that cater to high-net-worth individuals and entrepreneurs, Langhaus is another unique private credit strategy under the Montfort umbrella. We look forward to supporting their continued growth as private credit continues to expand and receive increasing investor awareness.”

About Langhaus Financial

Langhaus is the leading non-bank provider of insurance policy-backed lending solutions to high-net-worth individuals and entrepreneurs throughout Canada.  Working cooperatively with Canada’s major insurance companies and top advisers, the Langhaus team designs flexible lending programs in a way that best meets the needs of borrowers, with an expertise in structured finance transactions and complex borrower structures that fall outside the typical purview of Canadian banks. For more information visit: www.langhausfinancial.com.

About Montfort Capital Corp.

Montfort is a trusted provider of focused private credit strategies for institutional investors, family offices, and wealth managers .  We employ focused strategies, experienced management teams and advanced technology to drive superior risk-adjusted investment returns. For further information, please visit www.montfortcapital.com

For more information, please contact:

Tim McNulty / Darren Seed

Incite Capital Markets

Andrew Abouchar, Interim CEO

Montfort Capital Corporation

(604) 398-8839

IR@MONTFORTCAPITAL.COM

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

Forward-Looking Information

Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements normally contain words like ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’ and similar expressions, and within this news release include any statements (express or implied) respecting the future growth of the Company and the Company’s future financial performance.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the assumption that the Company and its investee companies are able to meet their respective future objectives and priorities and assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company.

Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Montfort’s business. Material risks and uncertainties applicable to the forward-looking statements set out herein include but are not limited to: intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations and risk of litigation. Although Montfort has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Montfort. Accordingly, readers should not place undue reliance on forward-looking statements. Montfort undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.