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Target Capital Lists on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2014) - Target Capital (CSE: TCI) is on...
About this update from Westgate Energy Inc
[{"type":"text","content":"\nTarget Capital Lists on the Canadian Securities Exchange - Video News Alert on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - July 9, 2014) - Target Capital (CSE: TCI) is one of the latest new listings on the Canadian Securities Exchange, and is trading under the symbol “TCI”.\n\nRyan Hoult, CFO, commented, \"We are pleased to be joining the CSE, which is quickly becoming the go-to exchange for Canadian small businesses. Their focus on frequent disclosure and fair pricing benefits all market participants, and encourages an \nopen and efficient capital market. This listing, in conjunction with our existing TSX-V listing, will also provide investors with additional options for trading our securities.\" \n\nInvestmentPitch.com has produced a “video news alert” which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Target” in the search box. \n\n \n\nIf you cannot view the video above, please visit: \nhttp://www.investmentpitch.com/video/0_i78mno1c/Target-Capita-CSE-TCI-New-Listing \n\nSince its inception in 1993, Target has made strategic investments in companies that show strong potential for future growth. Historically, these have been “buy & hold” type investments; however, over the last two years Target has \nalso made some short-term investments. These investments range from TSX Venture Exchange companies to small start-up operations to land development corporations. \n\nStarting in 2009, Target began purchasing controlling interests in private companies. The nature of the Target’s investment in the controlled private companies enables the debt securities of the companies to be eligible for Deferred Plans, \nsuch as RRSPs, RESPs and other plans, with Target earning fees from each company for enabling these companies to raise funds from Deferred Plans. The annual fee is generally the greater of $2,500 or 0.5% of the total capital raised by each \nprivate company from Deferred Plans. \n\nTarget’s total revenue increased 97% or $1,316,829 for the year ended March 31, 2014 as compared to last year, due to a special dividend received from investments in Olympia Financial Group Inc. (TSX:OLY) and increased revenues from \ncontrolled private companies. \n\nTotal expenses ...