NEWS RELEASES
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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 ...
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 ...
Western Provides Clarification and Update on Proposed Insurance Transaction
High River, Alberta, January 17, 2019 – The Western Investment Company of Canada Limited (“Western”) (TSXV: WI) provides an update and clarification regarding the status of its pending insurance transaction, announced on December 18, 2018 and re-issued January 9, 2019: Western entered into a letter of intent dated December 18th, 2018 to a ...
Western Investment Company of Canada enters the Property and Casualty Insurance Industry in Western Canada
High River, Alberta, December 18, 2018 – The Western Investment Company of Canada Limited (“Western”) (TSXV: WI) announced today it has entered into a letter of intent to acquire a fifty percent interest in a Western Canadian based property and casualty insurance company for approximately $2 million or 90% of book value as of the [&hellip ...
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 ...
Western Reports Favourable Net Income for the Quarter and Six Months Year-to-Date
High River, Alberta, August 21, 2018 – The Western Investment Company of Canada Limited (“Western”) (WI:TSXV) confirms its financial statements and MD&A for the quarter and six months ended June 30, 2018 are available for viewing on SEDAR. In a message to shareholders, Western CEO Scott Tannas provided the following commentary ...
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 ...
The Western Investment Company of Canada Receives TSX Approval for Normal Course Issuer Bid
High River, Alberta, June 4, 2018 – The Western Investment Company of Canada Limited (“Western” or the “Corporation”) (TSX Venture: 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 capi ...
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 i ...
Western Files Year-End 2017 Financial Statements, Scott Tannas Reports
High River, Alberta, April 24, 2018 – The Western Investment Company of Canada Limited (“Western”) (TSXV: WI) confirms it has filed on SEDAR the December 31, 2017 Financial Statements and MD&A and 2017 Annual Information Form. In a Letter to Shareholders, Western’s CEO, Scott Tannas wrote: Dear Fellow Shareholder, I’m writing today t ...
Western Announces Closing of its Acquisition of Foothills Creamery Ltd.
High River, Alberta, March 8, 2018 – The Western Investment Company of Canada Limited (“Western”) (TSX Venture: WI) is pleased to announce it has closed its previously announced acquisition of Foothills Creamery Ltd., pursuant to a share purchase agreement dated effective February 26, 2018. The transaction was an arm’s length acquisition, a ...
Western Finalizes Purchase of Foothills Creamery Ltd.
High River, Alberta, February 26, 2018 – The Western Investment Company of Canada Limited (“Western”) (TSX-V:WI) together with co-investor ATB Capital have executed a purchase and sale agreement for the purchase of a 90% ownership stake in Foothills Creamery Ltd. Foothills Creamery – “Striving to be the butter on your toast and th ...