09:53 AM EST - MCAN Mortgage Corporation : Announced that MCAP Corporation ("MCAP") has withdrawn its previously announced initial public offering of common shares at this time due to current adverse market conditions. In connection therewith, the previously announced secondary offering of Common Shares by MCAN and another shareholder of MCAP also has been cancelled at this time. MCAN Mortgage Corporation
shares T.MKP are trading down $0.57 at $14.25.