News Room

Western Files Q1 Statements and MD&A on SEDAR

High River, Alberta – The Western Investment Company of Canada Limited (“WICC”) (TSXV:WI) confirms its financial statements and MD&A for the quarter ended March 31, 2019 are available for viewing on SEDAR. In a message to shareholders, CEO Scott Tannas provided the following commentary: “After expensing one-time costs related to the purchase of Fortress Insurance, […]

Western Investment Company of Canada Receives All Regulatory Approvals and Closes the Acquisition to Acquire 50% Interest in Fortress Insurance Company

High River, Alberta – The Western Investment Company of Canada Limited (“WICC”) (TSXV: WI) announces today it has received all regulatory approvals from the Alberta Superintendent of Insurance including licences that will allow Fortress Insurance Company (“Fortress”) to conduct business on a wider scale within Alberta. With all conditions to closing now removed, WICC has […]

Western Investment Company posts 2018 Year End Net Income of $1.13 Million. Adjusted Net Income (NPIO) at $1.7 million – 6 Cents per Share.

High River, Alberta – The Western Investment Company of Canada Limited (“WICC”) (WI:TSXV) announced today it has filed its 2018 Financial Statements and MD&A on SEDAR. In a message to shareholders, WICC CEO Scott Tannas reported: “We are pleased with our progress in 2018. Our four foundation companies are all profitable, with strong opportunities for […]

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

High River, Alberta – 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 Inc. acted as […]

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

High River, Alberta – 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 amount of up […]

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

High River, Alberta – 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 the rental car […]

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 […]