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 […]