News Room

Western Investment Company Announces Closing of Subscription Receipt Financing for Total Gross Proceeds of $4.0 Million

High River, Alberta, April 9, 2019 – The Western Investment Company of Canada Limited (“WICC“) (TSXV: WI) announces today the closing of its previously announced offering of subscription receipts (“Subscription Receipts”) for the maximum aggregate gross principal amount of $4,000,000 (the “Financing“).  The Financing consisted of a brokered portion and a non-brokered portion.  AltaCorp Capital […]

Western Investment Company of Canada Announces Private Placement of Convertible Unsecured Debentures

High River, Alberta, March 12, 2019 – The Western Investment Company of Canada Limited (“WICC”) (TSXV: WI) announces today it has entered into an agreement for a brokered private placement led by AltaCorp Capital Inc. (“AltaCorp“) as lead agent and sole bookrunner for the sale of subscription receipts (“Subscription Receipts”) in the aggregate gross principal […]

Western Investment Company of Canada Provides Details as it Finalizes Transaction to Acquire 50% Interest in Fortress Insurance Company

High River, Alberta, March 11, 2019 – The Western Investment Company of Canada Limited (“WICC”) (TSXV: WI) announces today it has received board approval for its plan to acquire a fifty percent interest in Fortress Insurance Company (“Fortress”). Fortress is an Alberta registered and regulated insurance company, exclusively providing automobile third party liability coverage in […]

Western Posts Strong Third Quarter Results. Year-to-Date Net Income Breaks $1 Million Mark. Adjusted Net Income (NPIO) at $1.44 million – 5 Cents per Share.

High River, Alberta, November 16, 2018 – Western Investment Company of Canada Limited (“Western”) (WI:TSXV) CEO Scott Tannas reported to shareholders: “With the release of our third quarter results, we are very pleased with our progress over the past three months. Western’s four foundation companies are all profitable with two of them achieving achieved growth […]

Western Nominates Insurance Executive Jennie Moushos to Join Board at Upcoming Annual Meeting

High River, Alberta, June 11, 2018 – The Western Investment Company of Canada Limited (“Western”) (WI:TSXV) has nominated Ms. Jennie Moushos as a new independent director in its proposed slate of directors to be elected at Western’s upcoming annual meeting. Western’s Information Circular is available on SEDAR. Western’s CEO Scott Tannas commented: “I am proud […]

Western Files Q1 Statements and MD&A on SEDAR

The Western Investment Company of Canada Limited (“Western”) (WI: TSXV) confirms its financial statements and MD&A for the quarter ended March 31, 2018 are available for viewing on SEDAR.  In a message to shareholders, Western CEO Scott Tannas provided the following commentary: “Our first quarter operations provided Western and its subsidiaries with NPIO net income […]