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Overnight Wealth Created By “Going Public”

There are probably only two legal ways to become instantly wealthy overnight—winning the lottery or taking a company public. While both rarely occur, the latter is a predictable and underutilized strategy by entrepreneurs and is attainable by even small or unprofitable businesses. Take Snapchat for example. It recently went public despite being unprofitable and still generated over $1 billion for the two founders who will still run and hold voting control for the publicly traded […]

Painted Pony Announces Closing of $111 Million Equity Financing Including Full Exercise of the Over-Allotment Option

Painted Pony Petroleum Ltd. (“Painted Pony” or the “Corporation“) (TSX:PPY) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering“). Pursuant to the Offering, the Corporation has issued a total of 19,820,000 common shares in the capital of the Company (“Common Shares“), which included the full exercise of the over-allotment option granted to the underwriters of the Offering. All of the Common Shares were issued at a price of […]

Turbines and Generators Contractor Starts Work on Site C Project

BC Hydro’s Site C project reached a milestone yesterday as the turbines and generators contractor mobilized to the construction site. Voith Hydro Canada, which was awarded the $470-million contract in March 2016, will design, supply and install six vertical axis, Francis-style turbines, six generators and associated equipment for Site C. “This is another important step forward for the Site C project,” said Mike Bernier, MLA for Peace River South. “The turbines and generators are a […]

Why I live in the Prince George and support Northern BC

Like many people, I came to Prince George for a ‘bit’. My original plan was to leave the city for a while by way of a teaching job at Prince George’s College of New Caledonia. Since both of my courses were on Wednesdays, I commuted from Calgary every Tuesday and returned to the city on Thursday. Before long though, I’d made friends in PG and was staying over the odd weekend. Before I knew it, […]

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