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Share Name | Share Symbol | Market | Type |
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TSXV:KWF | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
About Knightswood Financial Corp.
Knightswood Financial Corp. ("Knightswood") was incorporated in 1987 and operates as a merchant bank providing private entities ("Clients") with solutions to allow them to issue debentures that are eligible for registered plans (e.g. RRSPs, TFSAs, pension plans, etc). To assist its Clients, Knightswood establishes a subsidiary company for each Client which allows the Client's debenture product to be eligible for registered plans.
Once the subsidiary company is created for our Clients, Knightswood will either own all or a majority of the voting rights in the subsidiary company. Knightswood is not involved in the day-to-day operations of a subsidiary company, but rather, it is independently managed by the respective Client's management team. In addition, Knightswood does not receive the subsidiary company's residual returns nor does it absorb their losses. Everyone's interests are safeguarded by a "put and call" option termination agreement between Knightswood and the Client.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Knightswood Financial Corp. Maurice Levesque President and Director (604) 601-5820 info@knightswoodfinancial.com
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