High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces the annual 2022 results of its associate Fortress Insurance Company (“Fortress”). Fortress completed its 2022 fiscal year with significant growth in all lines of business. President and CEO of Fortress, Shafeen Mawani, added “We are fortunate to have such […]
High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it has obtained regulatory approval to proceed with a normal course issuer bid (the “Bid“) whereby Western may purchase up to a total of 1,500,000 common shares in the capital of the Corporation (“Common Shares“) representing approximately 5.0% […]
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 […]
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 […]
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 […]
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’ […]
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 […]
High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announced today that its board declared Western’s first dividend of $0.005 per share on WICC’s outstanding common shares. Western’s intention is to declare a dividend annually. The dividend will be payable on July 29, 2022, to shareholders of record at […]
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, […]
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 […]
