News Room

Western Investment Company Files Q3 Financial Results

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: “We are pleased to report net income for the third quarter of $441,789 which […]

Western Investment Company Affiliate, Fortress Insurance, Closes $5.3 Million Upsized Equity Offering and Signs Strategic Agreement with U.S. Based Indemnity National Insurance Company

High River, Alberta – Further to its previous announcement, The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV: WI) announced today that its investee, Fortress Insurance Company (“Fortress”), has closed a $5.3 million equity financing. The value has increased from that previously expected due to greater demand from our distribution partners and the […]

Western Investment Company Files Q2 Financial Results

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: “With $138,204 of net income earned in Q2, our results are behind plan, primarily […]

Western Investment Company Provides Update on Material Developments at Fortress Insurance

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) is pleased to provide shareholders with the following update on a number of key developments regarding Fortress Insurance Company (“Fortress”). Gross Written Premiums for the first half of 2022 increased 213% to $7.2 million from $2.3 million in 2021. Fortress’ […]

Western Investment Company Files Q1 Financial Results

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: “Our Q1 results met our overall expectations as we progress toward what we expect […]

Western Investment Company Reports Positive Net Income for 2021 and New Net Asset Value Calculation Pegs Total Value at 82 cents per Share

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, including a new section in the MD&A that provides market value assessments of Western’s investment portfolio also known as Net Asset Value. In a message to shareholders, […]

Value Gain Highlighted in GlassMasters Transaction Prompts Western Investment Company to Provide Net Asset Value Estimates on all Investments in Upcoming Year-End Statements

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) confirmed today it will include a new segment in its year-end MD&A that will provide estimates of the market value of each of the companies in its investment portfolio. These estimates will be reviewed and updated annually or earlier if […]

Western Investment Company Demonstrates $6 Million Increase in its Share Value of GlassMasters with Sale of Minority Interest.

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces it has a new ownership partner at GlassMasters Autoglass (“GlassMasters”). Fort McKay First Nation (“Fort McKay”) has acquired a 39.3% stake in GlassMasters. The transaction involved the sale of the entire block of shares owned by current partner ATB […]