Solution Financial Inc.

Recent News

  • Solution Financial Announces Closing of Short Form Prospectus Offering

    Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") is pleased to announce it has closed its previously announced "commercially reasonable best efforts" public offering pursuant to which the Company issued 5,936,042 units of the Company (each a "Unit") at a price of C$0.40 per Unit for gross proceeds of approximately C$2.4 million (the "Offering"). The Offering was led by iA Private Wealth Inc. (the "Agent").Each Unit comprised of one common share...

    2021-06-04 11:21 AM EDT
  • Solution Financial Engages Hybrid Financial Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - May 7, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") is pleased to announce that it has retained Hybrid Financial Ltd. The service provided by Hybrid to the Company is a database of Registered Financial Professionals in North America. Hybrid is not promoting the specific purchase or sale of securities. It provides its database, technology, and call center services to enable the issuer to disseminate its information to Financial Professionals only. Hybrid provides...

    2021-05-07 6:40 PM EDT
  • Solution Financial Initiates Quarterly Dividend

    Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors has authorized the payment of a quarterly dividend of $0.001. The quarterly dividend is payable on June 15, 2021 to common shareholders of record as of the close of business on May 31, 2021. This dividend is a "non-eligible dividend" for...

    2021-05-03 5:35 PM EDT
  • Solution Financial Reports Q1 2021 Financial Results

    Vancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in western Canada, today announced its financial results for the first quarter ending January 31, 2021.Earnings Highlights for the Quarter:Net income increased to $94,133 and Adjusted net income(1) increased to $267,451.Net revenue increased 30% over the prior year quarter to $3,882,792. Total lease and finance portfolio decreased 3% to $24,516,370 over the prior quarter.Quarterly dividend...

    2021-03-31 6:25 PM EDT
  • Solution Financial Files Final Short Form Prospectus Offering

    Vancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") is pleased to announce it has filed a final short form prospectus (the "Prospectus") in connection with its previously announced "best efforts" public offering of a minimum of 7,500,000 units of the Company (each a "Unit") and a maximum of 25,000,000 Units (the "Maximum Offering") at a price of C$0.40 per Unit (the "Offering Price") for minimum gross proceeds of C$3,000,000 and maximum gross...

    2021-03-30 12:30 PM EDT
  • Solution Financial Announces Short Form Prospectus Offering

    Vancouver, British Columbia--(Newsfile Corp. - March 11, 2021) -  Solution Financial Inc. (TSXV: SFI) (the "Company") is pleased to announce it has filed a preliminary short form prospectus (the "Prospectus") in connection with an offering of a minimum of 7,500,000 units of the Company (each a "Unit") and a maximum of 25,000,000 Units at a price of C$0.40 per Unit (the "Offering Price") for minimum gross proceeds of C$3,000,000 and maximum gross proceeds of C$10,000,000 (the "Offering"). The Company...

    2021-03-11 2:11 PM EST
  • Solution Financial Closes Convertible Debenture Financing

    Vancouver, British Columbia--(Newsfile Corp. - March 8, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") is pleased to announce that it has closed its previously announced non-brokered financing of unsecured convertible debentures ("Debentures") in the principal amount of $3,225,400. The Convertible debenture financing consisted of a reinvestment of $2,615,400 of maturing debentures and interest and $610,000 of new investments. The Debentures will mature on March 8, 2023 ("Maturity Date") and bear interest at a rate of 5.00% per...

    2021-03-08 2:53 PM EST
  • Solution Financial Initiates Quarterly Dividend

    Vancouver, British Columbia--(Newsfile Corp. - February 9, 2021) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors has authorized the payment of a quarterly dividend of $0.001. The quarterly dividend is payable on March 15, 2021 to common shareholders of record as of the close of business on March 1, 2021. This dividend is a "non-eligible dividend" for...

    2021-02-09 7:19 PM EST