TORONTO, ONTARIO--(Marketwired - Sept. 3, 2014) - Michael Wekerle, Chairman and Chief Executive Officer and of Difference Capital Financial Inc. (TSX:DCF)(TSX:DCF.DB) ("DCF"), has acquired an additional stake in DCF.
On August 26, 2014, Michael Wekerle purchased 750,000 common shares of DCF ("DCF Shares") in a single transaction at a price of $1.25 per DCF Share (the "Transaction"). The DCF Shares acquired by Michael Wekerle represent an aggregate of approximately 1.9% of the currently issued and outstanding DCF Shares. Michael Wekerle relied upon the exemption under Section 100.1 of the Ontario Securities Act to make this purchase.
Immediately following the completion of the Transaction, Michael Wekerle owned and controlled 12,325,321 DCF Shares on a fully diluted basis, representing approximately 29.3% of the total outstanding DCF Shares on a partially diluted basis.
DCF's head office is located at 130 Adelaide Street West, Suite 1010, Toronto, Ontario M5H 3P5. The TSX does not accept responsibility for the adequacy or accuracy of this release.
About Difference Capital Financial Inc.
Difference Capital Financial invests in and advises growth companies. We leverage our capital markets expertise to help unlock the value in technology, media and healthcare companies as they approach important milestones in their business lifecycle. Difference Capital Financial is traded on the Toronto Stock Exchange under the symbol "DCF".