For Immediate Release PRESS RELEASE Golden Opportunities Fund (“Golden”) is pleased to announce a major investment transaction to complete the management buyout of Dyna Holdings LP acquiring the DynaVenture Group of Companies comprised of four diverse, industry-leading operating entities: DynaIndustrial Inc. (“DynaIndustrial”), Tackpoint Ltd. (“Tackpoint”), Dyna Crane Services Inc. (“Dyna Crane”) and Fluid Clarification Inc. (“Fluid Clarification”) (collectively “DynaVenture”). Golden invested $12.6 million into the management buyout in syndication with the Westcap MBO Investment LP (the “MBO Fund”), which is also managed by Westcap Mgt. Ltd. (“Westcap”), for a combined total investment of $25 million into the management buyout. DynaVenture […]

The Prime Minister of Canada Justin Trudeau recently released the Minister of Finance Mandate Letter which includes “Restore the tax credit for labour-sponsored funds to support economic growth and help Canadians save for their retirement” as a top priority. Please see the Minister of Finance Mandate Letter provided here for more information.  MOUNTAIN VIEW, Calif., Oct. 13, 2015 /PRNewswire/ — Based on its recent analysis of the video collaboration solutions market for manufacturing, Frost & Sullivan recognizes Librestream Technologies, Inc. (Librestream) with the 2015 North American Frost & Sullivan Award for Customer Value Leadership. Librestream’s Onsight collaboration platform was selected for delivering the best overall value for its clients. Librestream has leveraged its expertise in virtual-presence technology to become a leader in the video collaboration solutions market. Its ability to collaborate on “things” and processes makes it an important component of strategies related to the Internet of Things (IoT). “With growing […]

August 2015 Saskatoon, SK – Canada’s Venture Capital & Private Equity Association (“CVCA”) announced that Westcap Mgt. Ltd. (“Westcap”) is identified as one of the Top 10 Most Active Private Equity Investors in Canada. The CVCA’s Canadian Private Equity Market Overview for the first half of 2015 was released in August and measures activity based on the number of deals completed. The CVCA is comprised of various private and public sector firms managing the vast majority of venture capital and private equity across Canada, with two thirds of its 1,200 members being senior level business decision makers from Canada’s private […]

SASKATOON, Aug. 6, 2015 /CNW/ – Prairie Plant Systems Inc. and CanniMed Ltd. have successfully received Section 56 exemptions under the Marihuana for Medical Purposes Regulations (MMPR) governed by Health Canada and as a result have begun oil manufacturing for patients. Similar to the seven dry cannabis products currently being offered, CanniMed® oils will be available in three distinct THC-to-CBD ratios: CanniMed® oil 18:0 – containing 18.3 mg/ml THC and 0.2 mg/ml CBD CanniMed® oil 10:10 – containing 9.7 mg/ml THC and 10.3 mg/ml CBD CanniMed® oil 1:20 – containing 1.2 mg/ml THC and 20.5 mg/ml CBD “We are very […]

Street vendors sell marijuana infused products during a 4-20 event in downtown Vancouver, B.C., on Monday, April 20, 2015 (JONATHAN HAYWARD/THE CANADIAN PRESS) Health Canada is allowing commercial medical marijuana growers to produce and sell concentrated cannabis oil, but the government says the sale of edible products like pot cookies and brownies will remain illegal. The department announced on Wednesday that it will allow 18 licensed producers to sell the oil as well as the dried marijuana buds they have been mailing to registered patients since the medical marijuana system was overhauled last year. Producers will not be able to […]

Solido Design Automation employees Jeff Dyck, left, Kris Breen, centre, and Roshan Thomas. Company CEO Amit Gupta says Saskatoon is the perfect spot to build a technology company. Photograph by: Gord Waldner, The Starphoenix Amit Gupta believes Saskatoon can be a beacon for technological innovation in Canada, and he wants his business to be a part of that shift. In his role as chief executive officer and president of Solido Design Automation, Gupta is overseeing the company’s current expansion. The move added 2,200 square feet to its office at Innovation Place and doubled its staff with an additional 25 people, […]

Western Innovation (WINN) Initiative Assists Western Small- and Medium-Sized Enterprises Move Ideas to the Marketplace June 26, 2015 – Edmonton, Alberta – Western Economic Diversification Canada Corresponding Document : Photo Gallery Today, the Honourable Michelle Rempel, Minister of State for Western Economic Diversification, announced the results of the second intake of the Western Innovation (WINN) Initiative. In support of the continued development of a healthy economy in Canada’s West, Western Economic Diversification Canada (WD) will support 21 small- and medium-sized enterprises (SMEs). Announced in October 2013, WINN provides repayable contributions to small- and medium-sized enterprises (SMEs) in Western Canada. SMEs […]

A Saskatoon company is making a big difference in the technology world. Solido Design Automation was founded in 2005, and specializes in software development for smartphones, tablets and smartwatches. Co-founder Amit Gupta says their software helps solve issues when companies want to shrink their devices. He explains that the software predicts what will happen when electronics shrink, allowing their customers to adjust their designs and technology. Gupta says they are one of the leading providers of their software to the technological world, something they sought when they started the business 10 years ago. His plan was to build the company […]