EX-8.1 2 t700925_ex8-1.htm EXHIBIT 8.1 t700925-20f_DIV_12-ex8-1 - none - 1.7651765s
EXHIBIT 8.1​
MFC BANCORP LTD.
LIST OF SIGNIFICANT SUBSIDIARIES AS AT DECEMBER 31, 2016
Subsidiaries
Country of Incorporation
Proportion
of Voting
Interest(1)
MFC Commodities GmbH
Austria 100%
MFC Metal Trading GmbH
Austria 100%
Kasese Cobalt Company Limited
Uganda 75%
MFC (A) Ltd
Marshall Islands 100%
MFC (D) Ltd
Marshall Islands 100%
M Financial Corp
Barbados 100%
MFC Corporate Services AG
Switzerland 100%
MFC Power Limited Partnership
Canada 100%
MFC Energy Finance Inc.
Canada 100%
F.J. Elsner GmbH
Austria 100%
FESIL Sales GmbH
Germany 100%
MFC Merchant Bank Limited
Malta 100%
Sino Medical Technology Co. Ltd.
Marshall Islands 100%
Note:
(1)
Percentages rounded to nearest whole number. Our proportional voting interests are identical to our proportional beneficial interests, except for a non-wholly owned subsidiary in Africa from which we derive a 100% beneficial interest resulting from our shareholder loan.