NEWS RELEASES
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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 ...
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 ...