TORONTO, ONTARIO -- (Marketwired) -- 10/01/15 -- Michael Wekerle, Chairman of the board of directors of Difference Capital Financial Inc. (TSX: DCF)(TSX: DCF.DB) ("DCF"), has acquired an additional stake in DCF.
On September 30, 2015, Michael Wekerle purchased 4,054,500 common shares of DCF ("DCF Shares") at a price of $0.75 per DCF Share (the "Transaction"). The DCF Shares acquired by Michael Wekerle represent an aggregate of approximately 11.3% 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 13,366,558 DCF Shares, representing approximately 37.2% of the total outstanding DCF Shares.
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 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.'s common shares and convertible debentures are traded on the Toronto Stock Exchange under the symbols "DCF" and "DCF.DB", respectively.
Contacts:
Difference Capital Financial Inc.
Michael Wekerle
Chairman
(416) 649-5085
mwekerle@differencecapital.com
