Saskatoon, Saskatchewan – December 30, 2016 On December 29, 2016, CanniMed Therapeutics Inc. (“CanniMed“) completed an initial public offering of its common shares and became a reporting issuer. As of such date, Golden Opportunities Fund Inc. (the “Fund”) owns and controls 3,684,128 common shares (the “shares”), 29,092 common share purchase warrants (the “warrants”) and $1,620,000 convertible debentures (the “debentures”) of CanniMed. The Fund owns and controls 3,684,128 shares representing approximately 18.57% of the issued and outstanding common shares of CanniMed on a non-diluted basis, 29,092 warrants exercisable into 29,092 common shares at a price of $5.50 per share and $1,620,000 […]

SASKATOON, Saskatchewan – December 22, 2016 (Investorideas.com Newswire) NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. CanniMed Therapeutics Inc. (“CMED” or the “Company”), a leading plant biopharmaceutical company specializing in the production of pharmaceutical-grade cannabis, announced today the pricing of its initial public offering of 5,000,000 common shares at a price of $12.00 per common share (the “Offering”). The Offering is expected to result in aggregate gross proceeds to CMED of $60,000,000. In addition, CMED has granted the underwriters an option, exercisable in whole or in part for a period of 30 days following […]

By: Alex MacPherson, Saskatoon StarPhoenix The mobile game developer Noodlecake Studios Inc. has more than doubled in size over the last four years, growing from eight employees to 19, while building on the success of its hit game, Super Stickman Golf. The Saskatoon-based company plans to continue adding employees, but according to one of its senior staff, it faces a problem every other firm in the city’s burgeoning high-tech sector will eventually confront: a shortage of talented software developers. “Generally, I get the sense that developers are needed, and lots of studios are hiring — us included,” said Arlin Schaffel, a University […]

TORONTO, ON–(Marketwired – November 16, 2016) – Deloitte today announced the winners of its Technology Fast 50 program — a class of companies that are more diverse and growing faster. Over four times as many of this year’s winners had greater than 40 percent of their hires be women than last year (32 percent vs. 8 percent) and achieved strong average three-year revenue growth of 2,652 percent, more than double the same figure for 2015 winners. Technology Fast 50 companies are selected for demonstrating innovation, leadership and rapid revenue growth over their last four years of operations. Deloitte also celebrated […]

PRESS RELEASE For Immediate Release DATE November 8, 2016 Golden Opportunities Fund Inc. (“Golden”) is pleased to announce it has entered into a definitive asset purchase agreement with Fort Garry Brewing Company Ltd. (“FGB”), a wholly owned subsidiary of Russell Breweries Inc. (TSX Venture: RB) (“RBI”) whereby Golden, with investment capital raised from Manitoba investors, and a group of local Manitoba-based strategic partners, along with certain key employees of the organization have agreed to purchase all of the assets used by FGB in its business of producing craft beer in Manitoba.  The total purchase price of the business is $7.7 […]

By: Bruce Johnstone, Regina Leader-Post Saskatchewan could outpace Alberta in oil and gas well drilling in 2017 — albeit slightly — for the first time in decades, according to the latest forecast from the Petroleum Services Association of Canada (PSAC). PSAC released its 2017 Canadian drilling activity forecast on Wednesday, which projects a total of 4,175 wells to be drilled in Canada next year, a 5.7 per cent increase from PSAC’s estimated total of 3,950 wells in 2016. PSAC bases its 2017 forecast on average natural gas prices of $2.50 per thousand cubic feet and crude oil prices of US$52 per barrel (West Texas […]

Solido Design Automation VP Jeff Dyck gives the StarPhoenix a tour of the tech company’s new 13,000 square-foot Innovation Place office space. BRANDON HARDER/SASKATOON STARPHOENIX   (Saskatoon, July 27, 2016, Saskatoon StarPhoenix) Rapid revenue growth and a growing list of major clients led a Saskatoon software technology firm to plan a major expansion that will result in a doubling of its size over the next two years. “Our software is getting used around the world by all these companies to design the electronics that we use in our everyday lives,” Solido Design Automation Inc. president and CEO Amit Gupta said. […]

Congratulations to Amit Gupta, President and CEO of Solido Design Automation, a Golden Opportunities investee, for being named a finalist in the EY Entrepreneur Of The Year™ Prairies 2016 awards program! (Calgary, 6 July 2016) – EY is recognizing an impressive group of Prairies entrepreneurs for their financial performance, vision, leadership, personal integrity and entrepreneurial spirit. Today, the firm named 50 finalists across 10 categories in its EY Entrepreneur Of The Year™ Prairies 2016 awards program. “Our entrepreneurs are building a better working world one company at a time,” says Rob Jolley, EY Entrepreneur Of The Year Prairies Program Director. […]