News Room

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 […]

Western Investment Company Files Q3 Statements and Reports Net Income of $331,655 for the Quarter, $554,478 Year to Date

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: “Our portfolio companies managed to provide us with a 9% increase in investment income […]

Western Investment Company Files Q2 Financial Statements and Reports Record Net Income of $699,499 for the Quarter, with all Five Investees Contributing to Earnings

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. WICC CEO Scott Tannas provides the following commentary: “Our portfolio companies gained significant revenue and earnings momentum in the second quarter, with each of our five companies […]

Western Investment Company Confirms Q2 Results to be Reported and CEO Provides Comments on Investee Company Operations

High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or “Western”) (TSXV:WI) announces that it intends to file its Q2 Financial Statements and MD&A on SEDAR after markets close on August 27, 2021. In a message to shareholders, WICC CEO Scott Tannas provided the following comments: “We look forward to providing detailed […]

Western Investment Company Confirms Strong Growth at Fortress Insurance, Sees Stability Returning to Other Portfolio Companies as it Files Q1 Statements

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: “I’m pleased to report that we are steadily emerging from the carnage of the […]

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 […]