Rosswell Groups Best Third Quarter In Years Has Positioned Them For Exciting Expansion Opportunities

As the company continues to raise its profit with our growing pipeline of attractive investments, the company's Board of Directors believe that retaining its capital resources to build and diversify its portfolio serves stockholders'. End Quote

(1888PressRelease) November 07, 2012 - "The Rosswell group has reached some important milestones in fiscal Q3 2012," said Christian Eckhardt, CEO and Chairman of Rosswell Group. "As a testament to our increasing financial strength we were able to invest more than at any time in recent years and increase the size of our revolving credit facility. This additional liquidity will enable us to further expand our portfolio as we continue to have an optimistic view of the financing in the markets."

As the company continues to raise its profit with our growing pipeline of attractive investments, the company's Board of Directors believe that retaining its capital resources to build and diversify its portfolio serves stockholders' interests best by better positioning the company to generate current income and capital appreciation on an increasing scale in future periods.

Recently Rosswell Group has conducted a survey on the investment areas of various Canadian venture capital firms. The study shows some interesting result. It says most of the Canadian venture capitalists favor Quebec based entrepreneurs than any other region.

The report also shows some important points on why Quebec is the most successful region in terms of investment. The key factors behind the success of Quebec are: it provides a unique corporate environment, investing in Quebec based businesses is more beneficial than any other region; it is a very information rich region with internet services and other media etc.

###

space

Other Related Press Releases