NEWS RELEASES
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Western Investment Company Files First Quarter Financial Results with an $804,000 Positive Swing in Net Income from Prior Year on Strengthening Margins at Foothills Creamery and Increased Profits at Fortress Insurance
High River, Alberta – The Western Investment Company of Canada Limited (“Western”) (TSXV:WI) announces that it has filed its financial statements and MD&A for the first quarter ending March 31, 2023 on SEDAR. In a message to shareholders, Western CEO Scott Tannas provided the following commentary: “Our strong first quarter results f ...
Western Investment Company of Canada Reports Improved Financial Result with Revenue Gains in 2022 and Expects Q1 2023 Results to be Released on May 26
High River, Alberta – The Western Investment Company of Canada Limited (“Western” or the “Company”) (TSXV:WI) announces that it has filed its 2022 year-end financial statements, MD&A, and annual information form on SEDAR. WICC reported a $215,376 loss for 2022, an improvement from the 2021 loss of $707,244. Western also fi ...
Western Investment Company of Canada Provides Update on the Filing of its 2022 Annual Financial Statements
High River, Alberta – The Western Investment Company of Canada Limited (“Western” or the “Company”) (TSXV: WI) announced today that there will be a continued delay on the filing of its annual financial statements, accompanying management’s discussion and analysis and related chief executive officer (“CEO”) and ch ...
Western Investment Company of Canada Announces Delay in Filing its 2022 Annual Financial Statements
High River, Alberta – The Western Investment Company of Canada Limited (“Western” or the “Company”) (TSXV: WI) announced today that it will not be filing its annual financial statements, accompanying management’s discussion and analysis and related chief executive officer (“CEO”) and chief financial o ...
Western Investment Company of Canada Provides Update on Fortress Insurance Company – Premiums Written up 231% to $17.7 Million
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 ...
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 Files Q3 Financial Results
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 quarte ...
Western Investment Company Affiliate, Fortress Insurance, Closes $5.3 Million Upsized Equity Offering and Signs Strategic Agreement with U.S. Based Indemnity National Insurance Company
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 g ...
Western Investment Company Files Q2 Financial Results
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 ar ...
Western Investment Company Provides Update on Material Developments at Fortress Insurance
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 mill ...
Western Investment Company Files Q1 Financial Results
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 progre ...
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 ...