NEWS RELEASES
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Western Investment Company Announces Commencement of Annual Dividend Program
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 Ju ...
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 ...
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 annuall ...
The Western Investment Company of Canada to Proceed with Normal Course Issuer Bid
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 (&# ...
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 b ...
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 ...
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 se ...
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 f ...
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 fr ...
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 ...
Shafeen Mawani Promoted to CEO at Fortress Insurance as Insurance Sales Growth Accelerates
High River, Alberta – The Western Investment Company of Canada Limited (“WICC” or the “Company”) (TSX Venture: WI) today announced that Shafeen Mawani has been confirmed as President & Chief Executive Officer by the Board of Fortress Insurance Company (“Fortress”). This appointment completes a planned transition, where Shafe ...
Western Investment Company Reports Net Income for 3rd Quarter up 20% over 2019 at $349,000, with Rapidly Accelerating Insurance Sales and Improving Profitability from Other Portfolio Investments
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: “During the summer months, we began to see the results of ...