Waterfront to provide Loyalist with market advice
Ticker Symbol: C:WFG C:LOY
Waterfront to provide Loyalist with market advice
Waterfront Capital Corp (2) (C:WFG)
Shares Issued 13,104,066
Last Close 11/18/2014 $0.09
Wednesday November 19 2014 - News Release
Also Loyalist Group Ltd (C:LOY) News Release
Mr. Douglas Mason of Waterfront reports
LOYALIST GROUP LIMITED ENGAGES WATERFRONT CAPITAL FOR CAPITAL MARKETS ADVICE
Waterfront Capital Corp. has entered into an agreement to provide capital markets and advisory services to Loyalist Group Ltd. of Toronto, Ont.
Loyalist is an educational organization that is in the business of providing a multitude of educational services with an emphasis on teaching English as a second language, professional development and college transfer programs.
Loyalist provides academic instruction in class, primarily to students for whom English is not a first language. Programs are offered in a series of steps from basic to advanced, which include internship (co-op) opportunities and private counselling for greater and more focused improvement.
"We are very much looking forward to working with Waterfront Capital's impressive network of retail investment advisers across Canada," said Andrew Ryu, Loyalist's founder and chief executive officer. "We have a growth strategy focused on strategic acquisitions and organic growth," said Mr. Ryu.
Loyalist owns and operates schools offering programs in Victoria, Vancouver, Burnaby, Surrey, Chilliwack, Abbotsford, Toronto and Halifax.
"Loyalist has an outstanding reputation for delivering high-quality educational programs and services and has quickly established itself as a leader in this very strong market," said Rick Peterson, Waterfront Capital's president.
"The company already has a strong following of institutional investors, with four investment dealers offering research and trading support. We're very much looking forward to providing Loyalist with the opportunity to reach a new and broader base of retail investors across Canada," said Mr. Peterson.
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