Jacob Securities Inc.

Jacob Securities Inc.

December 18, 2015 12:33 ET

Jacob Securities to Concentrate on Market-Leading Advisory Services

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2015) - Jacob Securities Inc. ("JSI") announced today that as of January 4, 2016 it will transition to become Jacob Capital Management Inc. ("JCM") to continue its investment banking and advisory services leadership in identifying emerging market opportunities in highly regulated sectors.

Jacob Capital Management will be a non-IIROC regulated business, and as such intends to focus solely on its core strengths in investment banking advisory services while divesting of its interests in retail and trading platforms.

Jacob is a recognized global leader in investment banking advisory services for renewable energy. Mr. Jacob started one of the first and largest funds in Canada focused solely on renewables in 2007. Since 2007, JSI has managed over $6B in wind, solar, geothermal, hydroelectric and cleantech project financing, including major projects in Canada and around the world. Projects have included financing the first independent wind power project in Ontario, founding the largest hydroelectric company in Sri Lanka, and advising two of the largest offshore wind developers in Europe.

Jacob is also the Canadian market leader in investment banking advisory services for licensed medical marihuana producers and those seeking licensing in Canada, working with more licensed or late-stage applicants than any other investment firm in Canada.

"By transitioning to focus on our core strengths, the firm will return to its roots and expertise that built it a sterling global reputation in the first place," said President and CEO Sasha Jacob. "The business has changed over the years. To continue to lead, we need to be lean, sharp, nimble and focused on our global leadership in key sectors. We believe it is a wise move to shed our non-core businesses in Canada to focus on what we do best - provide premier banking advisory in key sectors of the economy."

About Jacob Capital Management Inc.

Jacob Capital Management Inc. is an independent investor and advisory firm providing advisory services to companies in the power, infrastructure, technology, energy and healthcare sectors. The firm, which is headquartered in Toronto, primarily services small and mid-cap businesses in North America and around the world.

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