In connection with the loan, Semcan issued 1,045,000 common share purchase warrants to Business Development Bank of Canada
exercisable at CAD0.14 per share until 8 February 2014.
Cormier credits some of this to his positive experience with the Business Development Bank of Canada
(BDC), with whom he'd been a client as a partner in a series of gas station and grocery businesses in northern British Columbia before buying Harvest King in 2002.
Last fall, he received the 2005 Business Development Bank of Canada
's Young Entrepreneur Award for Nunavut.
The facility had been put on the auction block by the Business Development Bank of Canada
after accumulating a $1.7 million debt.
In 1993, the Business Development Bank of Canada
(BOC) recognized that the Canadian venture capital industry was embarking on a new phase of growth.
These include the Regional Business Centre, the Nickel Basin Federal Development Corporation, and the Business Development Bank of Canada
Montreal, Canada, May 05, 2010 --(PR.com)-- Beetext, Inc., a leading provider of enterprise productivity and workflow management solutions, announced that the Business Development Bank of Canada
(BDC) has chosen the complete suite of Beetext workflow solutions.
That is an important, but only a single element in a well-managed company, said Jean-Rene Halde, president and CEO of Business Development Bank of Canada
On hand to present were Sharon Manitowabi of the Waubetek Business Development Corporation (www.waubetek.com) which acts on behalf of Aboriginal Business Canada (www.abc.gc.ca); Jim Richardson of the Business Development Bank of Canada
(www.bdc.ca); and Elaine Lickers from the Royal Bank Financial Group (www.royalbank.com).
According to Michel Re, senior vice president, emerging markets, of the Business Development Bank of Canada
(BDC), the major shift observed last year is a sign that the industry has come of age.