TORONTO, ONTARIO -- (Marketwired) -- 06/30/14 -- Michael Wekerle, Chief Executive Officer of Difference Capital Financial Inc. (TSX: DCF)(TSX: DCF.DB) ("DCF"), has acquired an additional stake in DCF.
On June 24, 2014, Michael Wekerle purchased 200,000 common shares of DCF ("DCF Shares") in a single transaction at a price of $1.95 per DCF Share (the "Transaction"). The DCF Shares acquired by Michael Wekerle represent an aggregate of approximately 0.5% 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 11,575,321 DCF Shares on a fully diluted basis, representing approximately 27.4% 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 395. The TSX does not accept responsibility for the adequacy or accuracy of this release.
About Difference Capital Financial Inc.
Difference Capital Financial Inc. invests in and advises growth companies. We leverage our capital market expertise to help unlock the value in technology, media and healthcare companies as they approach important milestones in their business lifecycle. Difference Capital Financial Inc. is traded under the Toronto Stock Exchange under the symbol "DCF".
Contacts:
Difference Capital Financial Inc.
Michael Wekerle
Chief Executive Officer
416 649 5085
www.differencecapital.com