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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by ARRHWon Sep 22, 2006 5:03pm
432 Views
Post# 11406204

RE: Financing?

RE: Financing?Maybe??? One of our WED Directors, Mr. Turcotte sold 300,000 shares in Western Oil Sands on September 1st at a price of $26.60. That is over $8 Million. He still holds over 5.3 Million shares in WTO. It was suggested that the money is being used to build a new golf clubhouse at Silver Tip in Canmore but I wonder? ARRHW
Bullboard Posts