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Be the first with the news that moves the market- Common shares of Birchtree Investments (BRCH) have begun trading on the CSE under the trading symbol BRCH
- Birchtree is an investment company with the long-term goal of divesting its investment assets at a profit
- The company’s objective is to grow its current investment portfolio by adding investments that provide the potential for growth opportunities
- Birchtree Investments Ltd. (BRCH) opened trading at C$0.05
Common shares of Birchtree Investments (BRCH) have begun trading on the CSE under the trading symbol BRCH as of market open on March 1, 2023.
Birchtree is an investment company with the long-term goal of divesting its investment assets at a profit. The company plans to invest opportunistically, making use of the experience and contacts of its board of directors and management to identify promising early-stage investment opportunities. As of January 31, 2023, the company has raised gross proceeds of $2,087,522.96 from private placements of its securities.
Investments
Using funds raised from private placements, the company made seven investments, including ThreeD Capital Inc., Ehave, Inc., Xebra Brands Ltd., Bluecorp Capital Corp., American Aires Inc., Firstpayment Inc.and Somerset Energy Partners Corp.
Over the next 12 months, the company will continue to monitor its current investment portfolio and evaluate whether the company’s investee companies should continue to be held in whole or in part or be divested. The company’s key objective over the next year is to grow its current investment portfolio by adding investments that provide the potential for growth opportunities and are consistent with the criteria and objectives set out in the company’s investment policy.
Birchtree Investments Ltd. (BRCH) opened trading at C$0.05.
