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RFC RIFCO Inc

1.27
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RIFCO Inc TSXV:RFC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.27 1.27 1.31 0 01:00:00

Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc.

20/12/2017 2:00pm

PR Newswire (Canada)


RIFCO (TSXV:RFC)
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TORONTO, Dec. 20, 2017 /CNW/ - Sym-Tech Inc. ("Sym-Tech") announced today that it has made an additional strategic investment in Rifco Inc. TSX.V-RFC), acquiring an additional 432,500 shares in the company. Sym-Tech and its joint actors now beneficially own 3,662,800 common shares representing approximately 16.96% of the issued common shares of Rifco.

Sym-Tech, an Ontario corporation, is a Canadian F&I provider to the retail automotive industry, offering F&I products, industry-proven training and in-dealership development, as well as a proprietary software platform to automobile dealerships in Canada.  Sym-Tech's head office is located at 35 West Pearce Street, Unit 14, Richmond Hill, Ontario, L4B 3A9.  Rifco's head office is located at Millenium Centre, Suite 702, 4909 49th Street, Red Deer, Alberta, T4N 1V1. 

Sym-Tech will be filing a report (as required by National Instrument 62-103 and National Instrument 62-104) in connection with the acquisition of the Rifco common shares.

The common shares of Rifco Inc. are traded on the TSX Venture Exchange under the symbol "RFC". There are a total of 21.59 million shares outstanding.

SOURCE Sym-Tech Dealer Services

Copyright 2017 Canada NewsWire

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