(August 31 – 12:15 ET) – Groome Capital.com Inc has signed a letter of intent to establish an alliance with Globeshare.com, the online trading subsidiary of Laidlaw Global Corporation. The agreement will give Canadian investors access to investment opportunities in 39 countries, says a Groome spokesman. “It opens those markets to IPOs and private placements of Canadian emerging growth companies.”
Globeshare.com is a 24-hour global online trading platform. With the addition of Groome Capital.com it enables access to 39 allied markets, spanning five continents. Trades can be placed online 24 hours a day, Sunday through Friday. The company is predicting that the alliance network will ultimately reach more than 50 countries.
“We welcome the global investment opportunities that we will be able to offer our members as a result of joining the worldwide Globeshare.com network. Our research on Canadian growth companies, IPOs, and private placements will now be available to a global investment community, tremendously increasing our clients’ ability to raise capital globally,” said Richard Groome, president of Groome Capital.
-IE Staff