Western Financial Group Announces Closing of First Preferred Share, Series Five Offering
High River, Alberta, September 3, 2009 - Western Financial Group Inc. ("Western Financial Group" or the "Company") is pleased to announce that it has closed the maximum amount of its offering of first preferred shares, series five (the "Preferred Shares") and as a result, has issued 300,000 Preferred Shares for gross proceeds of $30,000,000. Net proceeds from the offering will be used for general corporate purposes and to fund ongoing capital requirements for the Company's subsidiaries... read more.
