Share sale ends on the 2013 issue of Capital régional et coopératif Desjardins
Montréal, April 15, 2013 – Capital régional et coopératif Desjardins (CRCD) announces the end of the share sale of its 2013 issue. That the authorized capitalization of $150 million was again snapped up in record time is proof of shareholder commitment to the economic development of Québec’s regions. Once more this year, almost 35,000 investors from the four corners of the province took part in the capital raising campaign.
André Lachapelle, Chairman of the Board of Capital régional et coopératif Desjardins, reasserted the Company’s drive to value and nurture the best of Québec entrepreneurship. “CRCD is a key link in Québec’s entrepreneurial financing ecosystem that – first and foremost – stimulates and supports the growth of Québec companies and cooperatives. The proof is that CRCD”s total commitments at cost at the end of fiscal 2012 amounted to $768 million in 332 businesses, cooperatives and funds, helping to retain over 47,000 jobs.” Mr. Lachapelle also underscored the exceptional work of the Desjardins caisse network in promoting and distributing the financial product.
About Capital régional et coopératif Desjardins
With over 103,000 shareholders, Capital régional et coopératif Desjardins is a publicly traded company managed by Desjardins Venture Capital. With net assets of $1,356 million, the Company contributes to economic development by valuing and nurturing the best of Québec entrepreneurship. Directly or indirectly through partner funds, Capital régional et coopératif Desjardins supports the growth of over 330 companies, cooperatives and funds in various industries spanning all Québec regions. (capitalregional.com)
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