Trisura Group Ltd V.TSU

Primary Symbol: T.TSU Alternate Symbol(s): TRRSF

Financial Services Insurance - Property & Casualty

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.

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Trisura Group Ltd > The Sickening Truth about TSU

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Comment by danihinvestoron Jun 13, 2011 7:30am

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Post# 18705873

RE: The Sickening Truth about TSU

The Company has engaged Fondsfinans ASA (www.fondsfinans.no) of Oslo, Norway as its sole financial advisor in connection with the rights issue of a minimum CAD $10 million to a maximum CAD $15 million, subsequent to the proposed stock consolidation. Fondsfinans has already secured for the Company a stand-by guarantee commitment (underwriting) by a small consortium of institutional investors for CAD $8 million. In addition, as previously announced, Questerre Energy Corp is committed to provide CAD $2 million in new equity.

Do we, as investors and rightfully owners of the company, have a chance to see who this consortium is ?
Could it be Aage Thoen, Questerre and maybe David Parry ? Or is this only to be known by management ?

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This junior mining stock offers billions in market exposure