Canadian Banc Corp. Announces Successful Overnight Offering of Preferred Shares

TORONTO, May 28, 2026 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company”) is pleased to announce it has completed the overnight marketing of Preferred Shares (TSX: BK.PR.A) of the Company. Total gross proceeds of the offering are expected to be approximately $103.3 million.