Saskatoon, Saskatchewan – November 27, 2018 – Golden Opportunities Fund (“Golden”) is pleased to release the results of an Economic Impact Estimate completed by the Saskatoon Regional Economic Development Authority (“SREDA”) which estimates the economic impact of Golden’s investments to be $3 Billion in Saskatchewan. Golden was launched as Saskatchewan’s first Provincial Retail Venture Capital (RVC) Fund in 1998. RVC Funds allow investors to keep their money invested at home building local companies and strengthening the local economy. Approximately one in every twenty Saskatchewan tax payers is invested in Golden. SREDA utilized widely used economic impact models and independent economic […]

This year’s ABEX Awards, presented by Conexus Credit Union, brought together businesses from across the province at TCU Place in Saskatoon on October 20, 2018. Industrial Machine and Mfg. Inc. is the recipient of the ‘Business of the Year’ Award, sponsored by the David Aplin Group, as well as the Export Award, for its ingenuity and quality products that it continues to successfully export worldwide. “Although all finalists were deserving of the Business of the Year Award, Industrial Machine and Mfg. Inc. has been bringing Saskatchewan quality and expertise to customers around the world. In this competitive industry, Industrial Machine […]

Librestream is pleased to announce the company recently achieved significant milestones including the completion of a financing round led by Emerald Technology Ventures, a globally recognized investment firm in energy, water, advanced materials and industrial IT, and BDC Capital’s Industrial, Clean and Energy Venture Fund. A follow-on financing is underway to focus on additional strategic partners that align to Librestream’s growth objectives. Librestream will use the funds to execute its aggressive growth plans including the addition of sales and marketing resources and acceleration of its digital transformation product roadmap. Industrial markets are embracing digital transformation, especially within their service operations, […]

Transaction Establishes Global Medical Cannabis Leader TSX: ACB EDMONTON, March 28, 2018 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company“) (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today that with the second take-up under its offer to acquire all of the outstanding shares of CanniMed Therapeutics Inc. (“CanniMed“) (TSX: CMED), the Company now owns approximately 95.9% of CanniMed common shares (the “CanniMed Shares“). The Company intends to acquire the remaining outstanding shares it does not already own through a compulsory share acquisition, pursuant to the Canada Business Corporations Act. The transaction unites Aurora, one of the world’s […]

By Ted Liu, Private Capital Journal Golden Opportunities Fund Inc. (GOF), a retail fund managed by Westcap Mgt, has sold 4,020,292 common shares of CanniMed Therapeutics Inc. (TSX: CMED) to Aurora Cannabis Inc. (TSX: ACB; OTCQB: ACBFF; FSE: 21P; WKN: A1C4WM) pursuant to Aurora’s take-over bid for all of the issued and outstanding common shares. On January 24, 2018, Aurora Cannabis agreed to acquire CanniMed with CanniMed shareholders receiving 3.40 Aurora shares for each share held, or a combination of cash and shares subject to pro-ration with the maximum aggregate cash consideration of $140 million. Aurora Cannabis completed the acquisition […]

By: Barry Critchley, Financial Post The senator’s new public company, the Western Investment Company of Canada, started 18 months ago as a capital pool company and recently completed its fourth acquisition Scott Tannas, a High River, Alberta-based entrepreneur has already hit the cycle — start a small business, grow it and then sell it for a substantial return — and seems intent on doing it again. Tannas, also a member of the Canadian Senate, has a new public company, the Western Investment Company of Canada, which started 18 months back as a capital pool company and recently completed its fourth […]

REGINA, Saskatchewan and MISSISSAUGA, Ontario, March 02, 2018 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV:SEB) is pleased to announce that it has closed a private placement (the “Private Placement”) for aggregate gross proceeds of $3,000,000 from Golden Opportunities Fund Inc. (“Golden”), a Retail Venture Capital fund that invests into Saskatchewan and Manitoba growth companies. This transaction both strengthens SEB’s balance sheet and working capital and creates significant strategic value in business development initiatives in Saskatchewan and Manitoba, including multiple P3 (Private Public Partnership) initiatives SEB is pursuing. John McKimm, SEB President/CEO/CIO states, “Golden Opportunities Fund […]

By Paul Huber, Industry West Magazine In our new Feature series “A Conversation With…”, we sit down with a Saskatchewan entrepreneur talk about doing business in the province, its challenges and opportunities, and to get their thoughts on how to succeed in today’s business world. Industry West Publisher Paul Huber spoke with AGT Foods CEO Murad Al-Katib and discussed the agriculture sector, the opportunities available in Saskatchewan, and Murad’s advice for Saskatchewan’s entrepreneurs. Agriculture Today & Tomorrow Opportunities in Saskatchewan’s rapidly changing agriculture industry are vast. Al-Katib sees agriculture as one of Saskatchewan’s—and Canada’s—major competitive advantages. He points out, that for the first […]

SASKATOON, Feb. 9, 2018 /CNW/ – Golden Opportunities Fund Inc. (“Golden” or the “Fund”) is pleased to announce the addition of well-known Saskatchewan business leader, Mr. Murad Al-Katib, to the Fund’s Board of Directors. Mr. Al-Katib is the President and CEO of AGT Food and Ingredients, a company that put Saskatchewan on the map in the area of pulse specialty crops.  He is the Founder, CEO, President, and Director of Alliance Pulse Processors Inc. and Chairman of the Board of Trustees of Alliance Grain Traders Inc. Mr. Al-Katib was elected to the Board of Directors of the Canadian Special Crops Association […]

EDMONTON, Alberta & SASKATOON, Saskatchewan–(BUSINESS WIRE)–Aurora Cannabis Inc. (“Aurora”) (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and CanniMed Therapeutics Inc. (“CanniMed”) (TSX: CMED) announce today that they have entered into a support agreement (the “Support Agreement”) whereby the Board of Directors and the Special Committee of the CanniMed Board have agreed to support a new offer made by Aurora for the acquisition of all of the issued and outstanding shares of CanniMed not owned by Aurora. In addition to the Board and Special Committee, the new offer (“New Offer”), as described below, will continue to be supported by certain […]

CALGARY, Jan. 17, 2018 /CNW/ – MATRRIX Energy Technologies Inc. (“MATRRIX” or the “Corporation”) (TSXV: MXX) is pleased to announce that it has entered into an agreement to acquire all the issued and outstanding shares of D2 Drilling Inc. (“D2”), a private corporation which owns one heavy telescopic double drilling rig in the Weyburn/Estevan area of southeast Saskatchewan (the “Acquisition”). Under the terms of a share purchase agreement between MATRRIX and all shareholders of D2 (the “Share Purchase Agreement”), MATRRIX has agreed to acquire all the issued and outstanding shares of D2 (the “D2 Shares”) for total consideration of approximately […]

Regina, SK, Canada / 620 CKRM Christina Cherneskey When was first founded in 1991 in Regina, little did they know 27 years later, the lasting impact it would have on the community. Not just for its customers, but for those who might have a little less at the end of each month. This past December, their campaign, Season of Giving Back, did just that. It gave back 200,000 meals for the Food Banks of Saskatchewan and gave customers the satisfaction of knowing a phone purchase would help out quite a few families. Kris Parker is the director of Marketing […]

*SREDA’s consensus economic forecasts are created by taking the mean average of a panel of six prominent independent forecasts (TD, RBC, BMO, CIBC, Scotiabank and the Conference Board of Canada). Empirical studies show that pooling forecasts increases forecast accuracy, especially because of high degree of uncertainty in recent times. Article Source

By: Brian Zinchuk / Pipeline News Crescent Point Energy had nine rigs working in close proximity southwest of Torquay. Photo By Rig Locator Estevan – Bang! Sixty rigs kicked off right at the start of the year. With oil over US$60 WTI in the first week of the New Year, drilling in Saskatchewan took off. It takes a few days to get most rigs moving, but right off the hop, they’ve been firing up. By Jan. 4, sister publication Rig Locator ( listed 60 rigs working in the Land of Living Skies. That’s the highest level since the first week […]