Western Investment Company Affiliate, Fortress Insurance, Closes $5.3 Million Upsized Equity Offering and Signs Strategic Agreement with U.S. Based Indemnity National Insurance Company

High River, Alberta–(Newsfile Corp. – October 19, 2022) – Further to its previous announcement, The Western Investment Company of Canada Limited (TSXV: WI) (“WICC” or “Western”) announced today that its investee, Fortress Insurance Company (“Fortress”), has closed a $5.3 million equity financing. The value has increased from that previously expected due to greater demand from our distribution partners and the execution of a significant new partnership agreement.-Fortress has entered into a stra

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