News Room

Western Investment Company Reports Positive Net Income for Final Quarter of 2020 and Expects Fortress Insurance and GlassMasters to be Key Drivers of Growth in 2021

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it has filed its Q4 / year end financial statements and MD&A on SEDAR. WICC CEO Scott Tannas provided the following commentary: “The past year was a battle. It seemed every day brought new challenges and required skills […]

Shafeen Mawani Promoted to CEO at Fortress Insurance as Insurance Sales Growth Accelerates

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or the “Company”) (TSX Venture: WI) today announced that Shafeen Mawani has been confirmed as President & Chief Executive Officer by the Board of Fortress Insurance Company (“Fortress”).  This appointment completes a planned transition, where Shafeen has led the execution of growth plans […]

Western Investment Company Reports Net Income for 3rd Quarter up 20% over 2019 at $349,000, with Rapidly Accelerating Insurance Sales and Improving Profitability from Other Portfolio Investments

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it has filed its Q3 Financial Statements and MD&A on SEDAR. In a message to shareholders, WICC CEO Scott Tannas provided the following commentary: “During the summer months, we began to see the results of our work over […]

The Western Investment Company of Canada Announces Hiring of Investor Relations and Market Making Professionals as Part of Capital Markets Focus in 2020/21

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it has engaged the services of Renmark Financial Communications Inc. to handle Western’s investor relations activities. In addition, WICC has retained Independent Trading Group (ITG) Inc. as market maker for its shares on the TSX Venture Exchange and […]

Western Investment Company files Q2 Financial Statements on SEDAR reporting Net Income for Quarter on Par with 2019 at $355,000 and CEO Provides Update to Shareholders

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it has filed its Q2 Financial Statements and MD&A on SEDAR. In a message to shareholders, WICC CEO Scott Tannas provided the following commentary: “At the beginning of the second quarter, WICC and its partners were exclusively focused […]

Western Investment Company Files Q1 Financial Statements on SEDAR Including Non-cash Write-down of Goodwill. CEO Provides COVID-19 Update to Shareholders

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it has filed its Q1 Financial Statements and MD&A on SEDAR. In a message to shareholders, WICC CEO Scott Tannas provided the following commentary: “As we continue to navigate our way through this severely depressed economy, WICC and […]

Western Investment Company 2019 Net Income Up 11% to $1.25 Million

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that today it filed its financial statements and MD&A on SEDAR for the year ended December 31, 2019. Western reported net income of $1,252,643 for 2019, up from $1,131,531 the year before. WICC CEO Scott Tannas provided the following […]

Western Investment Company Announces Delay in Filing Annual Financial Statements

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that due to circumstances created by the COVID-19 pandemic, it is relying on the exemption provided in Alberta Instrument 51-517 – Temporary Exemption from Certain Corporate Finance Requirements (the “Alberta Instrument”) of the Alberta Securities Commission (and similar exemptions […]

Western COVID-19 Update to Shareholders

Dear Fellow Shareholders, I’m writing to provide you with an update on our Company, as we navigate this difficult time. The executive team at WICC is actively engaged in making sure that all our investee companies have the resources they need to manage through the COVID 19 crisis. We became involved early and extensively at […]

Western Investment Company CEO Provides Third Anniversary Update

High River, Alberta – High River, Alberta – The Western Investment Company of Canada Limited TSXV: WI) (“WICC or “Western”) announced today that it has distributed a message to shareholders from President & CEO Scott Tannas. In his message to shareholders. WCC CEO Scott Tannas provided the following commentary: “Last December marked the third anniversary […]