Techmire insider increases position:
Corporation Normandin Capital, a Techmire insider, is buying debentures (TCM.DB):
Corporation Normandin Capital (''CNC'') announced it has acquired, through the Montreal Exchange, an aggregate face value of $250,000, 8 % debentures maturing in February 2001 of Techmire Ltd., convertible into 125,000 common shares of Techmire Ltd., representing 4.6 % of this class of shares outstanding following the conversion of these debentures.
Through this acquisition, CNC holds 250,000 common shares of Techmire Ltd. and $250,000 in face value of debentures convertible into 125,000 common shares of Techmire Ltd., or an aggregate of 13.7 % of this class of shares outstanding following the conversion of these debentures.
biz.yahoo.com
In June 1999, Corporation Normandin Capital ("CNC"), a merchant bank committed to investing in companies with strong growth potential, acquired 250,000 common shares of Techmire. Since that time, CNC and Techmire have been working closely together on the development and implementation of a strategy for the acquisition of companies that offer the potential of synergistic growth.
fin-info.com
Techmire Ltd. is pleased to announce the appointment of Mr. Pierre Normandin to its Board of Directors, effective immediately. Mr. Normandin is President and co-founder of Corporation Normandin Capital ("CNC"), which is a merchant bank committed to investing in companies with strong growth potential. Mr. Normandin was formerly a Vice President of Nesbitt Burns, where he specialized in equity portfolio management, with emphasis on the research and analysis of growth orientated companies.
fin-info.com
Mike |
