The Western Investment Company of Canada Limited (TSXV:WI) has secured an agreement to acquire 14.22% stake in Fortress Insurance Company for CAD 2.6 million on March 26, 2024. The transaction is subject to the approval of the TSX Venture Exchange (the "TSXV"), shareholder approval and various other conditions. The Share Purchase is conditional on the closing of the previously announced proposed transaction with companies affiliated with Paul Rivett to invest at least $20 million (CAD 27 million) into the Corporation.
The Western Investment Company of Canada Limited
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WI
CA95846L1013
Investment Management & Fund Operators
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- The Western Investment Company of Canada Limited (TSXV: WI) has secured an agreement to acquire 14.22% stake in Fortress Insurance Company for CAD 2.6 million.