The 2012 share issue of Capital régional et coopératif Desjardins sells out in only 5 days
Montréal, June 1, 2012 – Capital régional et coopératif Desjardins (CRCD) announced the early closure of share sales for the 2012 issue, as authorized capitalization of $150 million sold out in record time. With popularity growing, FONDS CRCD is positioned to successfully drive its economic development mission across all regions of Québec, promoting and preserving the best of home-grown entrepreneurship.
André Lachapelle, CRCD Chairman of the Board, expressed pride at the outstanding pace of this year’s share sales. “The recognition CRCD’s product is generating shows the importance shareholders attach to helping to grow Québec SMEs and cooperatives – and enjoying a 50% tax credit at the same time.” Mr. Lachapelle noted that the sale of the 2012 issue would not have been possible without the unfailing support of the Desjardins caisse network, which continuously promotes the Fund among Québec investors.
About Capital régional et coopératif Desjardins
Capital régional et coopératif Desjardins, this year celebrating its 10th anniversary, is a publicly traded company managed by Desjardins Venture Capital. With close to 107,000 shareholders and net assets of $1,220.4 million, the Company contributes to Québec’s economic development while driving the growth of cooperatives and the resource regions. Capital régional et coopératif Desjardins directly and indirectly supports close to 300 companies, cooperatives and funds in various industries spanning all Québec regions. (www.capitalregional.com)