Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

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

Westaim Corp

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Post by onparolon Feb 20, 2003 8:46pm

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Post# 5885226

I like this part

“We made significant progress with both NUCRYST and iFire in 2002,” said Barry M. Heck, President & CEO of Westaim. “In 2003 we will build on last year’s accomplishments as NUCRYST enters its first human trials for a drug based on its nanocrystalline technology and iFire begins to work on product-sized, mid-30-inch flat panel displays.” My e-mail from WED.The risk in this stock is low if none at all.The CEO change was huge.Will pick up more shares at this level.

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