The Westaim Corporation (V:WED*CA)

Business Focus: Property & Casualty Insurance (NEC)

Mar 27, 2024 04:25 pm ET
The Westaim Corporation Reports Q4 and Full Year 2023 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its audited financial results for the quarter and full year ended December 31, 2023. Westaim recorded a net profit of $35.1 million ($0.26 diluted earnings per share) for Q4 2023 compared to a net profit of $32.8 million ($0.23 diluted earnings per share) for Q4 2022. For the full year ended December 31, 2023 Westaim recorded a net profit of $183.9 million ($1.32 diluted earnings per share) compared to a net profit of $18.0 million ($0.12 diluted earnings per share) for 2022.
Feb 21, 2024 08:28 am ET
The Westaim Corporation Recognized on the TSX Venture 50 List
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it has been recognized as a top performing company from the past year on the TSX Venture Exchange (the “TSXV”). The TSX Venture 50 is an annual ranking of the top performing companies from the past year on the TSXV and recognizes the top 10 companies from each of five sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. The companies are ranked based on three equally-weighted criteria: market capitalization growth, share price appreciation and trading val
Jan 17, 2024 07:30 am ET
DCK ELEVATES BILL BROWN TO PRESIDENT
MIAMI, Jan. 17, 2024 /PRNewswire/ -- DCK Worldwide Group, LLC ("DCK"), a 102-year-old US-based construction management firm, proudly announces the promotion of Bill Brown to the position of President, effective immediately.
Nov 20, 2023 04:00 pm ET
Westaim Announces Closing of Skyward Specialty’s Upsized Follow-On Offering
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces the closing of the previously announced Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty”) upsized follow-on offering (the “Offering”) of its common stock (the “Shares”). Under the Offering, Westaim sold 3,600,000 Shares (which included the exercise in full of the underwriters’ over-allotment option) at a price to the public of US$30.50 per Share. The proceeds to the Company, less underwriting commissions of 4.5%, were approximately US$104.9 million.
Nov 15, 2023 09:23 pm ET
Westaim Announces Pricing of Skyward Specialty’s Upsized Follow-On Offering
The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED) today announces the pricing of the Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty") upsized follow-on offering (the "Offering") of 5,000,000 shares of its common stock (the "Shares"), with 2,150,000 Shares being sold by Skyward Specialty and an upsized 2,850,000 Shares being sold by Westaim at a price of US$30.50 per Share. Westaim has also granted the underwriters a 30-day option to purchase up to an additional 750,000 Shares at the same price per Share.
Nov 14, 2023 04:20 pm ET
The Westaim Corporation Reports Q3 2023 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended September 30, 2023. Westaim recorded a net profit of $23.0 million ($0.16 diluted earnings per share) for Q3 2023 compared to a net loss of $16.7 million ($0.12 diluted loss per share) for Q3 2022. For the nine months ended September 30, Westaim recorded a net profit of $148.8 million ($1.05 diluted earnings per share) for 2023 compared to a net loss of $14.8 million ($0.10 diluted loss per share) for 2022.
Nov 13, 2023 04:36 pm ET
Westaim Announces Participation in Skyward Specialty Follow-On Offering
Skyward Specialty will not receive any of the proceeds from the sale of the Shares offered by Westaim, and Westaim will bear the underwriting discounts and commissions associated with the sale of such shares.
Oct 19, 2023 08:03 pm ET
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Oct. 19, 2023 /CNW/ -
Sep 21, 2023 04:00 pm ET
The Westaim Corporation Announces Appointment of Independent Director
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce the appointment of Michael Siegel to its board of directors (the “Board”) as an independent non-executive director, effective September 21, 2023.
Sep 15, 2023 04:00 pm ET
The Westaim Corporation Announces Renewal of Normal Course Issuer Bid
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the “Exchange” or “TSXV”) has accepted a notice (the “Notice”) filed by the Company of its intention to make a normal course issuer bid (the “NCIB”). In connection with the NCIB, the Company has entered into an automatic share purchase plan (an “ASPP”) with Cormark Securities Inc. (“Cormark”) to allow for purchases of its common shares (the “Shares”).
Sep 11, 2023 09:30 am ET
Arena Investors Outlines Necessary Steps for Charge Enterprises to Improve Corporate Management and Operations
Large shareholder urges Charge to take immediate action to address significant underperformance Believes changes announced by Charge on August 29, 2023 are insufficient for substantial value creationNEW YORK, Sept. 11, 2023 /PRNewswire/ -- Arena Investors, LP (and its affiliates, collectively, "Arena"), an institutional asset manager that, together with investment funds managed by it, is one of the largest beneficial owners of Charge Enterprises, Inc. (NASDAQ:CRGE) ("Charge"), today sent a letter to the Board of Directors of Charge (the "Board") to reiterate the urgent need for Charge to tak
Aug 15, 2023 04:10 pm ET
The Westaim Corporation Reports Q2 2023 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended June 30, 2023. Westaim recorded a net profit of $31.3 million ($0.22 diluted earnings per share) for Q2 2023 compared to a net loss of $1.6 million ($0.01 diluted loss per share) for Q2 2022. For the six months ended June 30, Westaim recorded a net profit of $125.8 million ($0.89 earnings per diluted share) for 2023 compared to $1.9 million ($0.01 earnings per diluted share) for 2022.
Jul 17, 2023 04:00 pm ET
Westaim Announces Closing of Redemption of Preferred Securities
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED; WED.PR.A) today announces the redemption (the “Redemption”) of all of the 5,000,000 5% subordinate preferred securities of Westaim (the “Preferred Securities”) held by certain affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”) pursuant to the terms of an indenture dated June 2, 2017 among, inter alia, Westaim and Computershare Trust Company of Canada. The Company has notified the TSX Venture Exchange (“TSXV”) of the Redemption and the Preferred Securities ha
Jun 16, 2023 07:53 pm ET
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, June 16, 2023 /CNW/ -
Jun 15, 2023 04:30 pm ET
Westaim Announces Amendment to its Previously Announced Normal Course Issuer Bid
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) has announced that it has entered into an automatic share purchase plan (the “ASPP”) with Stifel Nicolaus Canada Inc. (“Stifel”) in order to facilitate repurchases of its common shares (the “Shares”) under its previously announced normal course issuer bid (“NCIB”). On September 26, 2022, the Company announced that it had received approval from the TSX Venture Exchange (the “Exchange” or “TSXV”) to make a normal course issuer bid, pursuant to which, during the 12-month period
Jun 12, 2023 02:30 pm ET
Westaim Announces Intended Redemption of Preferred Securities
Further to its press release of June 12, 2023 announcing the closing of the underwritten secondary public offering (the “Offering”) of shares of common stock of Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD), The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED; WED.PR.A) today provides an update on its intended use of a portion of Westaim’s proceeds from the Offering. Westaim intends to use approximately CDN$50,000,000 of the proceeds from the Offering to redeem (the “Redemption”) all of the 5,000,000 5% subordinate preferred securit
Jun 12, 2023 02:08 pm ET
Westaim Announces Closing of Secondary Offering of Skyward Specialty’s Common Stock
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces the closing of the previously announced underwritten secondary public offering (the “Offering”) of Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) (“Skyward Specialty”). Under the Offering, the Company sold 3,850,000 shares of common stock (the “Shares”) of Skyward Specialty, at a price to the public of $23.00 per Share (the “Offering Price”). The underwriters also exercised in full their option to purchase an additional 577,500 Shares from the selling
Jun 07, 2023 08:35 pm ET
Westaim Announces Pricing of Secondary Offering of Skyward Specialty’s Common Stock
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces the pricing of the previously announced underwritten secondary public offering (the “Offering”) of 3,850,000 shares of common stock (the “Shares”) of Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) (“Skyward Specialty”), at a price to the public of $23.00 per Share. Westaim and certain other stockholders of Skyward Specialty (collectively with Westaim, the “Selling Stockholders”) have also granted the underwriters a 30-day option to purchase up to an ad
Jun 05, 2023 05:20 pm ET
Westaim Announces Participation in Secondary Offering of Skyward Specialty’s Common Stock
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces that it is selling 3,850,000 shares of common stock (the “Shares”) of Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) (“Skyward Specialty”), in an underwritten secondary public offering (the “Offering”). In addition to Westaim, certain other stockholders of Skyward Specialty (collectively with Westaim, the “Selling Stockholders”) have also granted the underwriters a 30-day option to purchase up to an additional 577,500 Shares (the “Option”). In t
May 16, 2023 04:10 pm ET
The Westaim Corporation Reports Q1 2023 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended March 31, 2023. Westaim recorded a GAAP net profit of $94.5 million ($0.66 diluted earnings per share) for Q1 2023 compared to a GAAP net profit of $3.5 million ($0.02 diluted earnings per share) for Q1 2022.
Apr 27, 2023 04:45 pm ET
Westaim Announces Details for Investor Day and Shareholders Meeting
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it will host its Annual Investor Day on Thursday May 18, 2023 at 9:30 a.m. (Eastern Time) in-person at Vantage Venues, Inverness Room, 27th Floor, 150 King Street West, Toronto, ON, Canada M5H 1J9 and virtually via a live stream. The agenda will include a business overview and discussion with management from Westaim and Arena Investors, followed by a question-and-answer session. Due to the Initial Public Offering and expanded disclosure by Skyward Specialty, management from Sky
Apr 25, 2023 07:25 am ET
Westaim Announces Director Resignation
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) announces that Stephen Cole has tendered his resignation from the board of directors of the Company (the "Board") effective April 22, 2023. He will not be standing for re-election at the Company’s annual and special meeting of shareholders scheduled to take place on May 18, 2023.
Mar 30, 2023 05:02 pm ET
The Westaim Corporation Reports Q4 and Full Year 2022 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its audited financial results for the quarter and full year ended December 31, 2022. Westaim recorded a GAAP net profit of $32.8 million ($0.23 diluted earnings per share) for Q4 2022 compared to a GAAP net profit of $6.7 million ($0.04 diluted earnings per share) for Q4 2021. For the full year 2022, Westaim recorded a GAAP net profit of $18.0 million ($0.12 diluted earnings per share) compared to $28.3 million ($0.19 diluted earnings per share) for 2021.
Feb 21, 2023 08:00 am ET
The Westaim Corporation Recognized as Top Sector Performer with TSX Venture 50
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it has been named as one of the top performing companies from the past year on the TSX Venture Exchange (the “TSXV”). The 2023 TSX Venture 50 is an annual ranking of the top performing companies based on each firm’s performance across three key indicators: market capitalization growth, share price appreciation and trading volume.
Feb 21, 2023 06:00 am ET
International companies, energy and mining issuers defy market trends to lead TSX Venture Exchange in 2023
TSX Venture 50 highlights role that Canada's premier venture exchange plays in supporting access to capital amid economic challenges
Jan 18, 2023 04:00 pm ET
Skyward Specialty Announces Closing of Initial Public Offering
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Skyward Specialty Insurance Group, Inc.™ (“Skyward Specialty”) has closed its upsized initial public offering of 8,952,383 shares of its common stock (“Shares”), consisting of 4,750,000 Shares sold by Skyward Specialty and 4,202,383 Shares sold by selling stockholders, at the public offering price of $15.00 per Share. The underwriters also exercised in full their option to purchase 1,342,857 additional Shares from the selling stockholders, at a price per share of $15.00 per
Jan 12, 2023 09:04 pm ET
Skyward Specialty Announces Pricing of Upsized Initial Public Offering
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Skyward Specialty Insurance Group, Inc.™ (“Skyward Specialty”) has priced its upsized initial public offering (the “IPO” or the “offering”) of 8,952,383 shares of its common stock, with 4,750,000 common shares being offered by Skyward Specialty and 4,202,383 common shares being sold by selling stockholders, at a public offering price of $15.00 per share. The underwriters have a 30-day option to purchase up to an additional 1,342,857 common shares from the selling shar
Jan 04, 2023 07:08 am ET
Skyward Specialty Announces Launch of Initial Public Offering
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Skyward Specialty Insurance Group, Inc.TM (“Skyward Specialty”) launched its initial public offering (the “IPO”) of its common stock. The offering consists of 4,750,000 shares of common stock offered by Skyward Specialty and 3,750,000 shares of common stock to be sold by certain of Skyward Specialty’s existing stockholders, plus up to an additional 1,275,000 shares to be sold by existing stockholders that the underwriters have the option to purchase. The IPO price
Nov 14, 2022 08:27 am ET
Skyward Specialty Files Registration Statement for Initial Public Offering
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Skyward Specialty Insurance Group, Inc.™ (“Skyward Specialty”) has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering (the “IPO”) of shares of its common stock (the “Shares”). The number of Shares to be offered and the price range for the IPO have not yet been determined. Skyward Specialty plans to list the Shares on the Nasdaq Global Select Market (the “NASDAQ
Nov 10, 2022 04:00 pm ET
The Westaim Corporation Reports Q3 2022 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended September 30, 2022. Westaim recorded a GAAP loss of $16.7 million ($0.12 diluted loss per share) for Q3 2022 compared to a GAAP profit of $1.6 million ($0.01 diluted earnings per share) for Q3 2021. For the nine months ended September 30, Westaim recorded a GAAP loss of $14.8 million ($0.10 diluted loss per share) for 2022 compared to GAAP profit of $21.6 million ($0.15 diluted earnings per share) for 2021.
Oct 26, 2022 11:30 am ET
Arena Investors Receives HFM Performance Award for Differentiated Results in the Recent Market Environment
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Arena Investors, LP (“Arena Investors” or the “Firm”), was awarded the Credit – Newcomer Performance Award at the HFM US Performance Awards 2022 held in New York on October 18, 2022. Now in their 16th year, the HFM awards celebrate strategies that have demonstrated differentiated performance and management over the last 12 months.
Sep 27, 2022 08:04 am ET
The Westaim Corporation Announces Normal Course Issuer Bid
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the "Exchange" or “TSXV”) has accepted a notice filed by the Company of its intention to make a 2022 normal course issuer bid ("NCIB") to be transacted through the facilities of the Exchange. The Company’s 2021 NCIB was for the period from October 1, 2021 to September 30, 2022, during which the Company purchased and cancelled 1,800,000 of the Company’s common shares (the “Shares”) at a weighted average purchase price per Share of US$2.
Sep 20, 2022 04:00 pm ET
Westaim Announces Postponement of Annual Investor Day
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces that it has elected to postpone its Annual Investor Day (the “Investor Day”) originally scheduled for Thursday, September 29, 2022. Due to U.S. Securities and Exchange Commission rules and the uncertainty around the overall timing of the previously announced initial public offering of Skyward Specialty, United States legal counsel has advised Skyward Specialty not to attend and present at the Investor Day. As a result, to ensure the Investor Day is the most productive and informative for Westaim’s shareholders, th
Aug 30, 2022 04:19 pm ET
Westaim Announces Details for Annual Investor Day
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it will host its Annual Investor Day on Thursday, September 29, 2022 at 10:00am (Eastern Time) in-person at Vantage Venues, Inverness Room, 27th Floor, 150 King Street West, Toronto, ON, Canada, M5H 3T9 and virtually via a live stream.
Aug 11, 2022 01:09 pm ET
Pacific Production Services Reels in Growth Investment from Arena Investors, LP
LOS ANGELES, Aug. 11, 2022 /PRNewswire/ -- Pacific Production Services, Inc. ("PPS"), founded in 1987, has attracted a meaningful new investment from Arena Investors, LP, Riveria Investment Group, and their affiliates. The partnership allows PPS and its wholly owned subsidiary, Pacific Traffic Control, to add to its suite of services for the film and television industry. The company supplies its customers with highly trained and skilled experts that handle a range of required regulatory and municipal permit coordination and services, including traffic and safety planning, design and staffing
Aug 11, 2022 08:22 am ET
The Westaim Corporation Reports Q2 2022 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended June 30, 2022. Westaim recorded a GAAP net loss of $1.6 million ($0.01 loss per diluted share) for Q2 2022 compared to a GAAP net profit of $10.9 million ($0.08 earnings per diluted share) for Q2 2021. For the six months ended June 30, Westaim recorded a GAAP net profit of $1.9 million ($0.01 earnings per diluted share) for 2022 compared to $20.0 million ($0.14 earnings per diluted share) for 2021.
Aug 01, 2022 06:00 am ET
Arena Investors Closes Special Opportunities Partners Fund II at $930 Million
Arena's opportunistic credit fund exceeds target, follows strong performance of Fund I
Jul 27, 2022 09:00 am ET
Arena Investors and Mobility Capital Announce $200 Million Transportation Finance Joint Venture
NEW YORK, July 27, 2022 /PRNewswire/ -- Arena Investors, LP ("Arena"), a $3.5 billion institutional asset manager, and Mobility Capital Group ("Mobility Capital"), an impact-aligned investment manager focused on next-generation transportation and logistics sectors, today announced that they have agreed to launch a joint venture with initial capacity to invest up to $200 million in non-equity investments.
Jun 23, 2022 09:00 am ET
Mountain Ridge Capital Announces Launch of Commercial Finance Business with Backing from Arena Investors
NEW YORK, June 23, 2022 /PRNewswire/ -- Mountain Ridge Capital ("MRC"), an asset-based commercial finance company, announced its official launch. Strategically backed with equity from Arena Investors, LP ("Arena Investors"), Mountain Ridge Capital is focused on originating, underwriting and managing asset-based commercial loans from $5 million to $30 million in commitment size.
May 17, 2022 08:00 am ET
The Westaim Corporation Reports Q1 2022 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended March 31, 2022. Westaim recorded a GAAP net profit of $3.5 million ($0.02 earnings per diluted share) for Q1 2022 compared to $9.1 million ($0.06 earnings per diluted share) for Q1 2021.
May 05, 2022 09:00 am ET
TEXEGY Announces Operating Assets Divesture to Fortify Energy
HOUSTON, May 5, 2022 /PRNewswire/ -- TEXEGY LLC ("TEXEGY"), a Texas-based oil and gas venture, and Chato Energy LLC ("Chato"), an affiliate of Fortify Energy ("Fortify"), today announced the closing of a transaction whereby TEXEGY has sold to Chato all of its leasehold in the South Bearhead Creek ("SBC"), Raccoon Bend and AWP fields, as well as a non-operating interest in the South Burr Ferry field for an undisclosed amount.   
May 03, 2022 04:00 pm ET
The Westaim Corporation Announces Dates for Q1 2022 Results, AGM, and Investor Day
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) expects to release its unaudited Q1 2022 results before the markets open on Tuesday May 17, 2022.
Apr 26, 2022 09:00 am ET
Skyward Specialty Announces Confidential Submission of Draft Registration Statement for Proposed Public Listing
The Westaim Corporation (“Westaim” or the "Company") (TSXV: WED) today announced that Skyward Specialty Insurance Group, Inc. ("Skyward Specialty") has confidentially submitted a draft registration statement on Form S-1 with the US Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of Skyward Specialty common stock (“Shares”). The number of Shares to be offered and the price range for the proposed offering have not yet been determined. The registration statement is expected to become effective after the SEC completes its review process, subject to m
Apr 14, 2022 08:01 am ET
The Westaim Corporation Reports Q4 and Full Year 2021 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its audited financial results for the quarter and full year ended December 31, 2021. Westaim recorded a GAAP net profit of $6.7 million ($0.04 earnings per diluted share) and a GAAP net profit of $28.3 million ($0.19 earnings per diluted share) for Q4 and full year 2021, respectively, compared to a net loss of $14.5 million ($0.10 loss per diluted share) and a net loss of $34.5 million ($0.24 loss per diluted share) for Q4 and full year 2020, respectively.
Apr 07, 2022 04:16 pm ET
The Westaim Corporation Provides Update on Results for Q4 and Full Year 2021
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) announces today that it now expects to release Q4 and full year 2021 audited results on or before April 15, 2022. As previously announced, as Westaim and Skyward Specialty prepare for future strategic opportunities to enhance shareholder value, Ernst & Young LLP (“EY”) was engaged to complete Skyward Specialty’s independent audit for the years ended December 31, 2020 and 2021. Westaim expects EY’s external audit of Skyward Specialty is in the final stages of completion.
Mar 24, 2022 04:00 pm ET
The Westaim Corporation Provides an Update on Unaudited Q4 and Full Year 2021 Results and Announces AGM
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is today providing preliminary unaudited Q4 and full year 2021 operating metrics and earnings expectations for the quarter and full year ended December 31, 2021. Westaim plans to release Q4 and full year 2021 audited results on or before April 7, 2022. As Westaim and Skyward Specialty prepare for future strategic opportunities to enhance shareholder value, Ernst & Young LLP (“EY”) was engaged to complete Skyward Specialty’s independent audit for the years ended December 31, 2020 and 2021. Westaim expects EY’s audit of Skyward Spe
Nov 18, 2021 04:55 pm ET
The Westaim Corporation Reports 2021 Third Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited financial results for the quarter ended September 30, 2021. Westaim recorded a net profit of $1.6 million ($0.01 earnings per diluted share) and a net profit of $21.6 million ($0.15 earnings per diluted share) for the three and nine months ended September 30, 2021, respectively, compared to a net profit of $0.6 million ($0.00 earnings per diluted share) and a net loss of $20.0 million ($0.14 loss per diluted share) in the three and nine months ended September 30, 2020, respectively.
Sep 27, 2021 08:00 am ET
Strategic Resource Alternatives Completes Acquisition of J.J. Marshall & Associates, Inc.
MT. LAUREL, N.J., Sept. 27, 2021 /PRNewswire/ -- Strategic Resource Alternatives ("SRA"), an industry-leading full-service receivables management and outsourcing firm, is pleased to announce the completion of an acquisition of J.J. Marshall & Associates, Inc., a Michigan-based recovery firm.
Sep 23, 2021 11:22 am ET
The Westaim Corporation Announces Normal Course Issuer Bid
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the "Exchange" or “TSXV”) has accepted a notice filed by the Company of its intention to make a normal course issuer bid (the "Bid") to be transacted through the facilities of the Exchange.
Sep 20, 2021 09:00 am ET
Arena Investors And Kai Investments Announce $100M Joint Venture
NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Arena Investors, LP ("Arena"), a $2.6 billion institutional asset manager, and Kai Investment Management ("Kai"), a specialist private debt investment firm based in Singapore, today announced that they have established a joint venture with initial capacity to deploy up to $100 million in South East Asian corporate credit special situation opportunities. 
Aug 19, 2021 04:36 pm ET
The Westaim Corporation Reports 2021 Second Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV:WED) today announced its unaudited financial results for the quarter ended June 30, 2021. Westaim recorded a net profit of $10.9 million ($0.08 earnings per diluted share) and a net profit of $20.0 million ($0.14 earnings per diluted share) for the three and six months ended June 30, 2021, respectively, compared to a net loss of $0.1 million ($0.00 loss per diluted share) and a net loss of $20.6 million ($0.15 loss per diluted share) in the three and six months ended June 30, 2020, respectively.
Jul 19, 2021 09:00 am ET
Strategic Resource Alternatives Announces Appointment of Nabil Kabbani as a Board Advisor
MT. LAUREL, N.J., July 19, 2021 /PRNewswire/ -- Strategic Resource Alternatives ("SRA"), an industry-leading full-service receivables management and outsourcing firm, is pleased to announce the appointment of Nabil Kabbani as a Board Advisor. 
Jun 22, 2021 09:00 am ET
Arena Provides 228-Unit Multi-Family Bridge Loan within Stable Income Real Estate Credit Strategy
NEW YORK, June 22, 2021 /PRNewswire/ -- New York-based global investment firm Arena Investors, LP ("Arena") announces the closing of a deal to provide a 12-month, $6.6 million bridge loan to an independent investor in Texas to acquire and renovate a multi-family apartment unit in the area.
Jun 21, 2021 02:35 pm ET
IIROC Trading Resumption - WED
VANCOUVER, BC, June 21, 2021 /CNW/ - Trading resumes in:
Jun 21, 2021 01:49 pm ET
The Westaim Corporation Comments on Arena Press Release
At the request of IIROC, The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is providing additional details regarding the joint press release issued by Arena Investors and AJW Group on June 14, 2021 (re-released earlier today).
Jun 21, 2021 09:07 am ET
IIROC Trading Halt - WED
VANCOUVER, BC, June 21, 2021 /CNW/ - The following issues have been halted by IIROC:
Jun 21, 2021 08:30 am ET
AJW Group and Arena Investors announce USD $100M aviation asset joint venture
NEW YORK, June 21, 2021 /PRNewswire/ -- AJW Group and Arena Investors, an affiliate of The Westaim Corporation (TSXV: WED), are pleased to announce a joint venture focused on selective acquisitions of commercial aircraft, engines and components. The partnership leverages AJW's operational expertise and global network together with Arena's extensive experience in aviation-related investments.
Jun 14, 2021 09:00 am ET
Strategic Resource Alternatives Announces Hiring of David White as Chief Executive Officer
MT. LAUREL, N.J., June 14, 2021 /PRNewswire/ -- Strategic Resource Alternatives ("SRA"), an industry-leading full-service receivables management and outsourcing firm, is pleased to announce the appointment of David White as Chief Executive Officer. 
May 20, 2021 04:15 pm ET
The Westaim Corporation Reports 2021 First Quarter Results
At March 31, 2021, Westaim’s consolidated shareholders’ equity was $329.6 million and the Company had 143,186,718 common shares (“Common Shares”) outstanding. Book value per fully diluted share was $2.31 (C$2.90) at March 31, 2021, compared to $2.24 (C$2.85) at December 31, 2020.
May 07, 2021 05:34 pm ET
Westaim Announces Details for Investor Day and AGM
If you are interested in attending the Investor Day, please REGISTER HERE.
Apr 08, 2021 01:36 pm ET
Westaim Announces AGM, Investor Day and Release Date for Q1 2021 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) announces that the Company will hold its Annual General and Special Meeting (“AGM”) and Investor Day on Wednesday, May 26, 2021. The AGM will begin at 9:00 am ET. The Investor Day will be held following the AGM, beginning at 10:00 am ET through 12:00 pm ET. Both events will be held virtually with live video presentation. As in past years, the Investor Day schedule will include a business overview and discussion with management from Westaim, Arena Investors and Skyward Specialty, followed by a question and answer session. Details
Mar 25, 2021 05:16 pm ET
The Westaim Corporation Reports 2020 Fourth Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its audited financial results for the quarter ended December 31, 2020. Westaim recorded a net loss of $14.5 million ($0.10 loss per diluted share) and a net loss of $34.5 million ($0.24 loss per diluted share) for the quarter and year ended December 31, 2020, respectively, compared to a net loss of $13.0 million ($0.09 loss per diluted share) and a net profit of $8.6 million ($0.06 earnings per diluted share) in the quarter and year ended December 31, 2019, respectively.
Feb 18, 2021 04:19 pm ET
Razor Energy Corp. Announces Multi-Year Amendment of Its Existing Non-revolving Term Loan Facility; and Announces Enhanced Liquidity From New Term Loan and Royalty Transaction
Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) is pleased to announce that it has secured an extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”), on behalf of certain of...
Feb 10, 2021 12:30 pm ET
Arena Investors and Diamond Creek Capital Announce a $100M Joint Venture
NEW YORK, Feb. 10, 2021 /PRNewswire/ -- Arena Investors, LP ("Arena"), a $2.2 billion institutional asset manager, and Diamond Creek Capital, a specialty lending firm focused on the lower middle-market, today announced that they have established a joint venture with initial capacity to deploy up to $100 million of new loans to privately held companies.
Jan 27, 2021 04:42 pm ET
Westaim Provides Update on Arena Investors and Announces Release Date for Q4 and Full Year 2020 Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces that the invested and committed assets under management (“AUM”) of Arena Investors, LP (“Arena Investors”), an entity over which Westaim has a significant interest, has grown to $2.2 billion as of January 1, 2021. AUM is a key component to drive operating leverage for Arena Investors.
Jan 20, 2021 09:56 am ET
Westaim Announces the Acquisition by Skyward Specialty Insurance Group of Aegis Surety and Sale of XPro Business, Both With K2 Insurance Services
The Westaim Corporation (“Westaim”) (TSXV: WED) today announced Skyward Specialty Insurance Group, Inc. (“Skyward Specialty”), a leader in the specialty Property and Casualty market and a subsidiary of Westaim, acquired Aegis Surety and the simultaneous sale of XPro (solutions for the Pest Control industry). K2 Insurance Services is both the seller of Aegis Surety and the buyer of XPro.
Dec 01, 2020 08:00 am ET
Arena Investors Closes Special Opportunities Partners Fund I at $519M
NEW YORK, Dec. 1, 2020 /PRNewswire/ -- Arena Investors, LP ("Arena"), an institutional asset manager, today announced the final close of Arena Special Opportunities Partners I, LP and Arena Special Opportunities Partners (Cayman) I, LP with total committed capital of $519 million. The close exceeds the $300 million target that was set for the fund, which was launched in March.
Nov 17, 2020 10:04 am ET
HIIG Changes Name to Skyward Specialty Insurance Group Inc.
The Westaim Corporation (“Westaim”) (TSXV: WED) today announces that Houston International Insurance Group (“HIIG”), a company in which it holds a significant interest, and a leader in the specialty Property and Casualty market, has changed its name to Skyward Specialty Insurance Group Inc. (“Skyward Specialty” or the “Company”). The launch of the new Skyward Specialty brand is only part of many strategic actions implemented by new CEO Andrew Robinson to position the Company’s readiness to stand out among its competitors and to capitalize on the changing market conditions.
Nov 12, 2020 04:10 pm ET
 The Westaim Corporation Reports 2020 Third Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its financial results for the third quarter ended September 30, 2020. Westaim recorded a net profit of $0.6 million (nil earnings per diluted share) and a net loss of $20.0 million ($0.14 loss per diluted share) for the three and nine months ended September 30, 2020, respectively, compared to a net profit of $3.7 million ($0.03 earnings per diluted share) and a net profit of $21.6 million ($0.15 earnings per diluted share) in the three and nine months ended September 30, 2019, respectively. Book value per share wa
Oct 28, 2020 08:00 am ET
Arena Investors and Blue Skye Form Italy-Focused Joint Venture
NEW YORK, Oct. 28, 2020 /PRNewswire/ -- Arena Investors, LP ("Arena") and Blue Skye Investment Group ("Blue Skye") have signed a joint venture agreement to invest in Italian mid-market corporate restructuring and turnaround opportunities.
Oct 22, 2020 09:25 am ET
Arena Wins Special Situations Manager of the Year at Alt Credit Fund Intelligence US Performance Awards 2020
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Arena Special Opportunities Fund, an investment fund managed by Arena Investors, was awarded the Special Situations Manager of the Year at Alt Credit Fund Intelligence US Performance Awards 2020 held on October 21, 2020.
Sep 29, 2020 04:22 pm ET
Arena Finance II, LLC Completes $45 Million Note Offering
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that Arena Finance II, LLC, a limited liability company controlled by Westaim and part of the Arena FINCOs, (“AF II, LLC”), has completed a private placement of $45 million of 6.75% senior secured notes due September 30, 2025 (the “Notes”) to certain qualified institutional buyers and institutional accredited investors (the “Private Placement”). The obligations of AF II, LLC under the Notes are guaranteed by Arena Finance, LLC (“AF, LLC”) and are secured by Collateral that includes the assets of AF II, LLC.
Sep 25, 2020 11:32 am ET
Arena Wins Private Debt Strategy of the Year Award at Pension Bridge Institutional Asset Management Awards
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Arena Special Opportunities Fund, an investment fund managed by Arena, was awarded the Private Debt Strategy of the Year Award at the Pension Bridge Institutional Asset Management Awards held on September 24, 2020.
Sep 09, 2020 05:17 pm ET
THE WESTAIM CORPORATION ANNOUNCES DETAILS FOR ITS ANNUAL INVESTOR DAY
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it will host its Annual Investor Day on Tuesday September 22, 2020 at 9:00am (Eastern Time) virtually with a live video presentation. The agenda will include a business overview and discussion with management from Westaim, Arena, and HIIG followed by a question and answer session.
Aug 13, 2020 05:33 pm ET
The Westaim Corporation Reports 2020 Second Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its financial results for the second quarter ended June 30, 2020. This press release should be read in conjunction with the Company’s unaudited interim financial statements, accompanying notes and Management Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2020 and with our annual Consolidated Financial Statements and MD&A for the year ended December 31, 2019, which can be found on SEDAR at
May 25, 2020 09:01 am ET
HIIG Appoints Andrew Robinson as New Chief Executive Officer
The Westaim Corporation (“Westaim”) (TSXV: WED) and Houston International Insurance Group, Ltd. (“HIIG” or the “Company”) announced today that the HIIG Board of Directors has appointed Andrew Robinson as Chief Executive Officer (“CEO”) of HIIG effective immediately. Mr. Robinson takes over from HIIG’s founder and outgoing CEO, Stephen L. Way, who has resigned as Chairman of the Board but will continue to serve as a Director of the Company.
May 13, 2020 04:12 pm ET
The Westaim Corporation Reports 2020 First Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its financial results for the first quarter ended March 31, 2020. This press release should be read in conjunction with the Company’s unaudited interim financial statements, accompanying notes and Management Discussion and Analysis (“MD&A”) for the three months ended March 31, 2020 and with our annual Consolidated Financial Statements and MD&A for the year ended December 31, 2019, which can be found on SEDAR at
Apr 22, 2020 08:29 am ET
The Westaim Corporation Completes Additional Investment in HIIG
Further to its press release of March 19, 2020, The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it has completed the purchase of $44,003,574 of shares of Series A Convertible Preferred Stock (the “Preferred Shares”) of Houston International Insurance Group, Ltd. (“HIIG”). The Preferred Shares purchased by Westaim formed part of a larger offering of Preferred Shares by HIIG by way of a rights offering (the “Rights Offering”) pursuant to which existing direct and indirect holders of shares of HIIG’s common stock were entitled to subscribe, on a pro ra
Apr 21, 2020 09:17 am ET
Westaim Announces Details Concerning its 2020 Shareholders’ Meeting
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) announces today that, in response to the public health risks from COVID-19, it will hold its annual and special meeting of shareholders on May 19, 2020 at 9:00 a.m. (Eastern Time) (the “Meeting” or “Shareholders’ Meeting”) in a virtual only format, which will be conducted via live audiocast. Shareholders of the Company will not be able to attend the Meeting in person.
Mar 26, 2020 05:35 pm ET
The Westaim Corporation Reports 2019 Fourth Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net loss of $13.0 million or $(0.09) per share on a diluted basis for the three months ended December 31, 2019, compared to a net profit of $6.7 million or $0.04 per share on a diluted basis for the three months ended December 31, 2018. For the year ended December 31, 2019, Westaim recorded a net profit of $8.6 million or $0.06 per share on a diluted basis compared to a net profit of $16.9 million or $0.11 per share on a diluted basis for the year ended December 31, 2018. The change in the deriv
Mar 19, 2020 05:16 pm ET
The Westaim Corporation Provides Update on HIIG
Further to its press releases of November 13, 2019 and January 13, 2020, The Westaim Corporation (“Westaim” or the “Company”) (TSXV:WED) is pleased to provide an update on various developments relating to Houston International Insurance Group, Ltd. (“HIIG”).
Mar 10, 2020 10:00 am ET
Arena Wins Best Distressed Credit / Special Situations Award at Alt Credit Fund Intelligence US Awards 2020
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that Arena Special Opportunities Fund, an investment fund managed by Arena, was awarded the Best Distressed Credit / Special Situations Award at Alt Credit Fund Intelligence US Awards 2020, held in New York on February 12, 2020.
Jan 13, 2020 04:00 pm ET
The Westaim Corporation Provides Update
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) refers to its press release of November 13, 2019 relating to HIIG intending to raise up to US$30 million through a rights offering of common shares (the “Rights Offering”) and that the HIIG Partnership intended to subscribe for a minimum of US$15 million of HIIG shares under the Rights Offering. The Rights Offering is now expected to close in the first quarter of 2020.
Nov 13, 2019 04:00 pm ET
The Westaim Corporation Reports 2019 Third Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net profit of $3.7 million or $0.03 per share for the three months ended September 30, 2019, compared to a net profit of $4.4 million or $0.03 per share for the three months ended September 30, 2018. For the nine months ended September 30, 2019, Westaim recorded a net profit of $21.6 million or $0.15 per share compared to a net profit of $10.2 million or $0.07 per share for the nine months ended September 30, 2018.
Aug 07, 2019 04:00 pm ET
The Westaim Corporation Reports 2019 Second Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net profit of $7.8 million or $0.05 per share for the three months ended June 30, 2019, compared to a net loss of $0.1 million or $nil per share for the three months ended June 30, 2018. For the six months ended June 30, 2019, Westaim recorded a net profit of $17.9 million or $0.12 per share compared to a net profit of $5.8 million or $0.04 per share for the six months ended June 30, 2018.
May 08, 2019 04:33 pm ET
The Westaim Corporation Reports 2019 First Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net profit of $10.1 million or $0.07 per share on a diluted basis for the three months ended March 31, 2019, compared to a net profit of $5.9 million or $0.04 per share on a diluted basis for the three months ended March 31, 2018.
Apr 16, 2019 02:47 pm ET
The Westaim Corporation Announces Annual General Meeting and Investor Day
The Westaim Corporation ("Westaim" or the "Company") (TSXV: "WED") announces that it will be holding its Annual General Meeting on May 30, 2019 at 9:00 a.m. (Eastern time) at The Hockey Hall of Fame, Brookfield Place, 30 Yonge Street, Toronto, Ontario in the Tim Hortons Theatre (lower level entrance).
Mar 27, 2019 05:11 pm ET
The Westaim Corporation Reports 2018 Fourth Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net profit of $6.7 million or $0.04 per share on a diluted basis for the three months ended December 31, 2018, compared to a net profit of $6.8 million or $0.05 per share on a diluted basis for the three months ended December 31, 2017. For the year ended December 31, 2018, Westaim recorded a net profit of $16.9 million or $0.11 per share on a diluted basis compared to a net profit of $5.5 million or $0.04 per share on a diluted basis for the year
Feb 14, 2019 05:01 pm ET
Arena Investors Wins Alt Credit “Direct Lending Fund” Award
The Westaim Corporation (“Westaim” or the "“Company”) (TSXV: WED) is pleased to announce that Arena Investors, LP (“Arena Investors”) was recognized as the winner in the “Direct Lending Fund” category at the 2019 Alt Credit US Performance Awards (the “Awards”) held in New York, USA on February 12, 2019. The Awards recognized and rewarded hedge funds, funds of hedge funds and alternative credit firms that have outperformed their peers over the past 12 months, and the judging panel was comprised of representatives from
Nov 08, 2018 03:12 pm ET
The Westaim Corporation Reports 2018 Third Quarter Results
Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards, except as otherwise noted.
Oct 22, 2018 08:00 pm ET
Arena Group Wins HFM 'Newcomer Credit" Award
TORONTO, Oct. 22, 2018 /CNW/ - The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED) is pleased to announce that Arena Special Opportunities Fund ("ASOF LP"), an investment fund managed by Arena Group, was awarded the "Newcomer Credit" Fund of the Year Award for 2018 at the annual HFM US Hedge Fund Performance Awards, held in New York, USA on October 18, 2018. The award recognized the fund's twelve month performance through June 30, 2018.
Aug 09, 2018 04:19 pm ET
The Westaim Corporation Reports 2018 Second Quarter Results
Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.The financial results are reported under International Financial Reporting Standards, except as otherwise noted.
May 09, 2018 04:25 pm ET
The Westaim Corporation Reports 2018 First Quarter Results
Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.The financial results are reported under International Financial Reporting Standards, except as otherwise noted.
Apr 16, 2018 04:11 pm ET
The Westaim Corporation continues to explore alternatives to enhance the growth and value of HIIG
TORONTO, April 16, 2018 /CNW/ - The Westaim Corporation ("Westaim" or the "Company") (TSXV: "WED") announces that, in view of the ongoing insurance industry consolidation activity and the receipt by Westaim and Houston International Insurance Group, Ltd. ("HIIG") of several unsolicited enquiries, Westaim and HIIG may consider opportunities to enhance the growth and value of HIIG.
Mar 29, 2018 05:25 pm ET
The Westaim Corporation Reports 2017 Fourth Quarter Results
Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.The financial results are reported under International Financial Reporting Standards, except as otherwise noted.
Nov 09, 2017 04:27 pm ET
The Westaim Corporation Reports 2017 Third Quarter Results
Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.The financial results are reported under International Financial Reporting Standards, except as otherwise noted.
Oct 24, 2017 06:49 pm ET
The Westaim Corporation Announces Investor Day
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Aug 11, 2017 09:00 am ET
Westaim Announces Director Resignation
TORONTO, Aug. 11, 2017 /CNW/ - The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED) announced today that Peter H. Puccetti has resigned from the Company's board of directors.
Aug 10, 2017 05:21 pm ET
The Westaim Corporation Reports 2017 Second Quarter Results
Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.The financial results are reported under International Financial Reporting Standards, except as otherwise noted.
Jun 02, 2017 05:02 pm ET
Westaim and Fairfax Close Strategic Investment Transaction
TORONTO, June 2, 2017 /CNW/ - The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED) is pleased to announce that it has successfully closed its previously announced transaction with Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) and certain of its subsidiaries (collectively, "Fairfax"), pursuant to which Fairfax has agreed to invest up to C$100 million in Westaim.
May 11, 2017 05:23 pm ET
The Westaim Corporation Reports 2017 First Quarter Results
(Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.The financial results are reported under International Financial Reporting Standards, except as otherwise noted.)
Apr 03, 2017 07:30 am ET
Fairfax to Make Strategic Investment in Westaim and to Make Significant Portfolio Investment through Arena Investors
TORONTO, April 3, 2017 /CNW/ - The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED) today announced that it has entered into a letter agreement pursuant to which Fairfax Financial Holdings Limited, through certain of its subsidiaries (collectively, "Fairfax"), will make an investment of up to C$100 million in Westaim in exchange for the issuance by Westaim of 5% interest bearing notes (the "Preferred Securities") and common share purchase warrants ("Warrants").
Mar 30, 2017 07:27 pm ET
The Westaim Corporation Reports 2016 Fourth Quarter Results
(Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards, except as otherwise noted.)
Nov 10, 2016 05:54 pm ET
The Westaim Corporation Reports 2016 Third Quarter Results
(Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards, except as otherwise noted.)
Sep 15, 2016 01:29 pm ET
The Westaim Corporation Announces Investor Day
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Aug 11, 2016 05:29 pm ET
The Westaim Corporation Reports 2016 Second Quarter Results
(Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards, except as otherwise noted.)
May 11, 2016 06:00 pm ET
The Westaim Corporation Reports 2016 First Quarter Results
(Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.  The financial results are reported under International Financial Reporting Standards, except as otherwise noted.)
Mar 31, 2016 06:17 pm ET
The Westaim Corporation Reports 2015 Fourth Quarter Results
(Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted.  The financial results are reported under International Financial Reporting Standards, except as otherwise noted.)
Mar 10, 2016 08:00 am ET
Westaim announces appointment of Managing Director in New York
TORONTO, March 10, 2016 /CNW/ - The Westaim Corporation ("Westaim" or the "Company") (TSXV: "WED") is pleased to announce that Joseph A. Schenk will join the Company as Managing Director effective March 10, 2016. Mr. Schenk will be based in New York, NY.
Mar 02, 2016 07:00 am ET
Westaim Announces Hiring of Pimco's Jon Short as President of Arena Investors, LP
TORONTO, March 2, 2016 /CNW/ - The Westaim Corporation ("Westaim") (TSXV: "WED") is pleased to announce that Jon Short has joined Arena Investors, LP ("Arena") as President effective March 2, 2016.

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