Upcoming Meeting for Shareholders
The Western Investment Company of Canada Limited (TSXV: WI) has announced an important event for its shareholders. This Annual General and Special Meeting will be held to discuss company operations and future directions. The meeting is set for December 6, 2024, and is a vital opportunity for registered shareholders and duly appointed proxyholders to engage directly with the company's management.
Details of the Meeting
Registered shareholders will have the chance to vote and submit questions at the meeting. It will convene at the offices of DS Lawyers Canada LLP, located in Dome Tower, Calgary. The exact address is Suite 800, Dome Tower, 333 – 7th Avenue S.W., Calgary, Alberta. The shareholder record date for determining eligibility to participate in the meeting is set for November 1, 2024. Attendees can expect an interactive session focused on the management's reports and proposed shareholder resolutions.
Stock Options Granted to Directors
In addition to the meeting, the Western Investment Company is recognizing its directors' contributions to the company. Subject to regulatory approval, options to purchase common shares have been granted to four directors. Each director will receive options for 30,000 common shares at an exercise price of $0.49 each, aligning with the most recent closing price on the TSX Venture Exchange. The options issued will vest immediately and will be available until October 16, 2034. This move demonstrates the company’s commitment to aligning directors' interests with those of the shareholders.
About the Company
Founded by a group of proactive Western Canadian businesspeople, the Western Investment Company is dedicated to investing in and supporting the growth of successful businesses in Western Canada. The company's vision is to foster ownership in the region's local enterprises. As a publicly traded entity, Western's shares are actively traded on the TSX Venture Exchange under the symbol WI.
For more information about the Western Investment Company, shareholders and potential investors are encouraged to visit the company’s website, where they can find current updates and resources.
Contact Information
To learn more or ask questions regarding the upcoming meeting, interested parties can reach out to Scott Tannas, the President and CEO of the Western Investment Company. He can be contacted at (403) 652-0408 and is available to discuss any inquiries shareholders may have.
Frequently Asked Questions
What is the purpose of the upcoming meeting?
The meeting provides shareholders with the opportunity to engage with company management, vote on resolutions, and ask questions regarding the company’s direction.
Where will the meeting take place?
The meeting will be held at the offices of DS Lawyers Canada LLP, located in Calgary, Alberta.
What are the stock option details for directors?
Directors have been granted options to purchase 30,000 common shares at $0.49 each, which vest immediately and expire in 2034.
How can shareholders participate in the meeting?
Registered shareholders and appointed proxyholders can participate, vote, and submit questions during the meeting.
Who can I contact for further information?
Scott Tannas, President and CEO, can be contacted at (403) 652-0408 for any inquiries related to the meeting or the company.
