on The Western Investment Company Of Canada Limited (CVE:WI)
Western Investment Continues Expansion with Ontario Move and Credit Renewal
The Western Investment Company of Canada Limited has transitioned its corporate registration from Alberta to Ontario. This strategic shift, previously approved by shareholders, aligns with Western's business objectives. Despite the move, Western maintains its registration in Alberta, ensuring continuity in its operations across provinces.
Additionally, Western has secured an amended commitment letter with ATB Financial. This new agreement, replacing the one from October 2022, ensures continued financial flexibility. As of now, the credit facility remains undrawn, providing Western with potential capital for future endeavors.
R. E.
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