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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 ChiChi3on Mar 03, 2009 3:41pm
649 Views
Post# 15817659

RE: RE: Drew never even mentioned their new

RE: RE: Drew never even mentioned their newMake that 7.5 million shares at 25 cents.  Perhaps K2 or Goodwood?  I guess we'll find out if it's one of them.  If it's 9 million shares for one entity, and it's a new position, technically their still under 10% ownership so they wouldn't have to report it.

Chi.
Bullboard Posts