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Jan 14, 2022 06:51 pm ET
Chesswood Group Limited Closes Strategic Acquisition of Rifco Inc. and Announces the Renewal and Repricing of Its Corporate Revolving Facility
Toronto, Ontario and Red Deer, Alberta--(Newsfile Corp. - January 14, 2022) - Chesswood Group Limited ("Chesswood"), North America's only publicly traded commercial equipment finance company focused on small and medium-sized businesses, and Rifco Inc. (TSXV: RFC) ("Rifco"), a leading Canadian alternative auto finance company, are pleased to announce the successful completion of Chesswood's strategic acquisition of Rifco pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").
Jan 14, 2022 04:30 pm ET
Chesswood Group Limited Closes Strategic Acquisition of Rifco Inc. and Announces the Renewal and Repricing of its Corporate Revolving Facility
TORONTO & RED DEER, AB, Jan. 14, 2022 /CNW/ - Chesswood Group Limited (TSX: CHW) ("Chesswood"), North America's only publicly traded commercial equipment finance company focused on small and medium-sized businesses, and Rifco Inc. (TSXV: RFC) ("Rifco"), a leading Canadian alternative auto finance company, are pleased to announce the successful completion of Chesswood's strategic acquisition of Rifco pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").
Jan 11, 2022 01:28 pm ET
Rifco Corrects Typographic Mistake in January 11, 2022 Press Release
Red Deer, Alberta--(Newsfile Corp. - January 11, 2022) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") issued a press release on January 11, 2022 announcing that it has received a final order from the Court of Queen's Bench of Alberta approving the proposed plan of arrangement (the "Arrangement") pursuant to which Chesswood Group Limited ("Chesswood") will acquire all of the issued and outstanding common shares of Rifco (the "Rifco Shares") by way of a statutory plan of arrangement under the Business Corporations Act (Alberta).
Jan 11, 2022 10:45 am ET
Rifco Announces Final Court Approval of Plan of Arrangement
Red Deer, Alberta--(Newsfile Corp. - January 11, 2022) - Further to its press release dated December 17, 2021, Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") announces that it has received a final order from the Court of Queen's Bench of Alberta approving the proposed plan of arrangement (the "Arrangement") pursuant to which Chesswood Group Limited ("Chesswood") will acquire all of the issued and outstanding common shares of Rifco (the "Rifco Shares") by way of a statutory plan of arrangement under the Business Corporations Act (Alberta).
Dec 17, 2021 03:55 pm ET
Rifco Announces Shareholder Approval of Plan of Arrangement
Red Deer, Alberta--(Newsfile Corp. - December 17, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") announces that at the special meeting of shareholders of Rifco (the ‎‎"Shareholders") held today (the "Meeting"), the Shareholders voted in favour of a special ‎resolution (the "Resolution") to approve a proposed plan of arrangement (the "Arrangement") pursuant to which Chesswood Group Limited ("Chesswood") will acquire all of the issued and outstanding common shares of Rifco (the "Rifco Shares") by way of a statutory plan of arrangement under the Business Corporations Act (Alberta).
Dec 02, 2021 10:46 am ET
Rifco Inc. Files and Mails Special Meeting Proxy Material in Regards to the Proposed Arrangement with Chesswood Group
Red Deer, Alberta--(Newsfile Corp. - December 2, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco"), a leading Canadian alternative auto finance company, is pleased to announce that, further to its news release of October 27, 2021, last week it filed on SEDAR and mailed to shareholders the management information circular for the special meeting of shareholders (the "Special Meeting") to be held on December 17, 2021, in regards to the arrangement agreement (the "Agreement") pursuant to which Chesswood Group Limited (TSX: CHW) ("Chesswood") will acquire all of the issued and outstanding common shares of Rifco (the "Rifco Shares") by way of a statutory plan of arrangement under the Business Corporation Act (Alberta) (the "Transaction").
Nov 24, 2021 08:19 pm ET
Rifco Reports Second Quarter Results
Red Deer, Alberta--(Newsfile Corp. - November 24, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), is pleased to announce its consolidated second quarter results for the period ended September 30, 2021.
Oct 27, 2021 07:00 am ET
Oct 27, 2021 07:00 am ET
Sep 02, 2021 04:59 pm ET
Rifco Annual Charity Golf Classic Raises Nearly $65,000 for the Ronald McDonald House Central Alberta
Red Deer, Alberta--(Newsfile Corp. - September 2, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") announced today that the Company and its staff raised nearly $65,000 for Ronald McDonald House Charities® Alberta ("RMHC") through its 9th Annual Charity Golf Classic.
Aug 25, 2021 07:58 pm ET
Rifco Reports First Quarter Results
Red Deer, Alberta--(Newsfile Corp. - August 25, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") is pleased to announce its consolidated first quarter results for the period ended June 30, 2021.
Aug 10, 2021 06:00 am ET
Jun 17, 2021 07:19 pm ET
Rifco Reports Fourth Quarter Results
Red Deer, Alberta--(Newsfile Corp. - June 17, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), is pleased to announce its consolidated results for the fourth quarter and the year ended March 31, 2021.
Apr 23, 2021 08:00 am ET
Rifco Grants Options
Red Deer, Alberta--(Newsfile Corp. - April 23, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") announced today that as part of its regular review of compensation, the Board of Directors has approved a grant of 300,000 stock options to the non-management directors of the Company. The options were granted at an exercise price of $0.75 per common share and will expire on April 22, 2026. The options will vest over four years.
Apr 15, 2021 08:00 pm ET
Rifco National Auto Finance Appoints New President and Announces a Strategic Initiative
Red Deer, Alberta--(Newsfile Corp. - April 15, 2021) -  Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") is pleased to provide its investors with an update on the Company.
Feb 25, 2021 05:04 pm ET
Corrected - Rifco Reports Third Quarter Results
Rifco advises that its news release of February 24, 2021 incorrectly stated the Net income per common share basic and diluted as $0.057. The correct value is $0.008. The corrected press release follows in full below:
Feb 24, 2021 05:30 pm ET
Rifco Reports Third Quarter Results
Red Deer, Alberta--(Newsfile Corp. - February 24, 2021) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") is pleased to announce its consolidated third quarter results for the period ended December 31, 2020.
Jan 21, 2021 08:45 am ET
Rifco Provides Update
Red Deer, Alberta--(Newsfile Corp. - January 21, 2021) -  Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") is pleased to provide its investors with an update on the Company.
Dec 14, 2020 08:00 am ET
Rifco Announces Results of the Annual General and Special Meeting of Shareholders - Nominees of the Concerned Shareholders Elected to the Rifco Board of Directors
Red Deer, Alberta--(Newsfile Corp. - December 14, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), is pleased to announce the results of its annual general and special meeting of the shareholders held earlier today (the "Meeting") at which 73.07% of the issued and outstanding shares were represented. The board of directors was fixed at four and each of the nominees of the Rifco concerned shareholders were duly elected at the Meeting.
Dec 08, 2020 08:00 am ET
Rifco Inc. Announces Meeting Update and Settlement Agreement with Concerned Shareholder Group
Red Deer, Alberta--(Newsfile Corp. - December 8, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), a leading Canadian alternative auto finance company is pleased to provide the following updates.
Nov 27, 2020 08:09 pm ET
Rifco Inc. Provides Update on Court Proceedings and Confirms That the Proposed Management Buyout Will Not Be Proceeding
Red Deer, Alberta--(Newsfile Corp. - November 27, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), a leading Canadian alternative auto finance company, is providing an update on court proceedings and the proposed management buyout.
Nov 27, 2020 12:57 pm ET
Rifco Inc. Announces Correction to Due Bill Date on Previously Announced Special Cash Dividend
Red Deer, Alberta--(Newsfile Corp. - November 27, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") advises that its news release of November 27, 2020 (the "Prior Release") incorrectly identified December 4, 2020 as being two trading days prior to the Record Date. The due bill trading will commence on December 4, 2020, being one trading day prior to the Record Date. All defined terms have the meaning ascribed thereto in the Prior Release.
Nov 27, 2020 08:45 am ET
Rifco Inc. Declares Special Cash Dividend of $0.35 per Common Share
Red Deer, Alberta--(Newsfile Corp. - November 27, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), a leading Canadian alternative auto finance company, announces today that the board of directors of the Company has declared a special dividend of $0.35 per common share (the "Special Dividend"), payable in cash on December 10, 2020 (the "Payment Date"). Shareholders of record as of the close of business on December 7, 2020 (the "Record Date") will be entitled to the Special Dividend. Payment of the Special Dividend is not subject to any conditions.
Nov 25, 2020 06:00 am ET
Rifco Inc. Responds to Concerned Shareholder Group Originating Notice
Red Deer, Alberta--(Newsfile Corp. - November 25, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company"), a leading Canadian alternative auto finance company, and certain of its directors and officers, have been served with an originating notice ("Originating Notice") by 933672 Alberta Ltd., Tim Peterson, Ruth Peterson, Sobrick Capital Corp., 812787 Alberta Ltd., Big Country Holdings Ltd., Norman Storch and Jeffrey Newhouse (collectively the "Concerned Shareholder Group"). The Concerned Shareholder Group, acting in concert, has a meaningful ownership interest in the Company.
Nov 09, 2020 09:00 pm ET
Rifco Reports Second Quarter Results
Red Deer, Alberta--(Newsfile Corp. - November 9, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated second quarter results for the period ended September 30, 2020.
Nov 05, 2020 07:27 am ET
Advance Notice Filed with Rifco Inc. for the Nomination of Four Director Nominees to Replace the Directors of RIFCO Inc.
HANNA, AB, Nov. 5, 2020 /CNW/ - Tim Peterson, a long standing shareholder of Rifco Inc. ("Rifco" or "Company") (TSXV: RFC), has filed a notice (the "Notice") with the President and CEO of Rifco for the nomination of four highly-experienced independent directors to be elected to the board of the Company at the annual general and special meeting of the Company to be held on December 11, 2020 (the "Meeting"). Mr. Peterson has filed the Notice on behalf of the Concerned Shareholders (the "Concerned Shareholders") of Rifco led by 933672 Alberta Ltd., Tim Peterson, Ruth Peterson, Sorbrick Capital
Oct 13, 2020 06:46 pm ET
Rifco Provides a Corporate Update
Red Deer, Alberta--(Newsfile Corp. - October 13, 2020) - Rifco Inc. (TSXV: RFC) ("Rifco" or the "Company") would like to provide the following information as a form of corporate update.
Oct 08, 2020 04:25 pm ET
Concerned Shareholders Announce Nominees to Replace the Directors of RIFCO Inc.
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated October 8, 2020
Aug 20, 2020 10:08 am ET
Corrected - Rifco Reports First Quarter Results
Red Deer, Alberta – TheNewswire - August 20, 2020 - Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated first quarter results for the period ended June 30, 2020.
Aug 20, 2020 07:08 am ET
Rifco Reports First Quarter Results
Red Deer, Alberta – TheNewswire - August 19, 2020: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated first quarter results for the period ended June 30, 2020.
Jul 30, 2020 07:07 am ET
Rifco Receives $1.5 Million to Settle Dispute with ACC and CanCap
RED DEER, ALBERTA - TheNewswire - July 30, 2020 - Rifco Inc. (TSXV:RFC) ("Rifco" or the "Company") ACC Holdings Inc. (the "Purchaser") and CanCap Management Inc. ("CanCap") settled their claims against each other for a payment by CanCap and the Purchaser of an aggregate of $1.5 million (the “Settlement Amount”) to Rifco.
Jul 15, 2020 05:07 am ET
Rifco Reports Fourth Quarter and March 31, 2020 Annual Results
Red Deer, Alberta – TheNewswire - July 15, 2020; Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is announcing results for its wholly owned subsidiary Rifco National Auto Finance for the fourth quarter and the year ended March 31, 2020.
Jul 14, 2020 05:07 am ET
Rifco Renews Securcor Trust Securitization Facility for $50M
Red Deer, Alberta – TheNewswire - July 14, 2020: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce that it has received a funding facility renewal from Securcor Trust for $50M.  Loans previously securitized are not considered as part of the utilization of the new facility limit.
Jul 07, 2020 03:07 am ET
Rifco Provides Update on Dispute with ACC and CANCAP
RED DEER, ALBERTA - TheNewswire – July 7, 2020 – Rifco Inc. (TSXV:RFC) ("Rifco" or the "Company") announces that there have been further developments in the court proceeding among Rifco, ACC Holdings Inc. (the "Purchaser") and CanCap Management Inc. ("CanCap") in the Alberta Court of Queen’s Bench (the “Court”).   Rifco refers to its prior press releases dated May 7, 2020 and June 12, 2020.
Jun 12, 2020 07:06 am ET
Rifco Provides Update On Dispute With ACC And CanCap
RED DEER, ALBERTA - TheNewswire – June 12, 2020 – Rifco Inc. (TSXV:RFC) (OTC:RRFFF) ("Rifco" or the "Company") is providing an update with respect to the ongoing litigation between Rifco, ACC Holdings Inc. (the "Purchaser") and CanCap Management Inc. ("CanCap", and together with Rifco and the Purchaser, the “Parties”)).  
May 07, 2020 07:05 am ET
Rifco Provides Update on Court of Queen's Bench Proceedings
Red Deer, Alberta - TheNewswire - May 7, 2020 - Rifco Inc. (TSXV:RFC) (OTC:RRFFF) ("Rifco" or the "Company") announces that the Court of Queen’s Bench of Alberta (the "Court") has provided a procedural ruling (“Ruling”) to Rifco, ACC Holdings Inc. (the "Purchaser") and CanCap Management Inc. ("CanCap") ‎in connection with the proceedings to determine certain issues in dispute between Rifco, the Purchaser and CanCap (collectively the "Parties") in connection with the previously disclosed arrangement between the Parties.
Apr 07, 2020 03:04 am ET
Rifco Provides Update on Court of Queen's Bench Proceedings
RED DEER, ALBERTA - TheNewswire – April 7, 2020 – Rifco Inc. (TSXV:RFC) ("Rifco" or the "Company") announces that the Court of Queen’s Bench of Alberta (the "Court") has provided direction to Rifco, ACC Holdings Inc. (the "Purchaser") and CanCap Management Inc. ("CanCap") ‎in connection with the proceedings to determine certain issues in dispute between Rifco, the Purchaser and CanCap (collectively the "Parties").  
Apr 03, 2020 02:04 am ET
Rifco Announces Securityholder Approval of Plan of Arrangement
RED DEER, ALBERTA - TheNewswire – April 3, 2020 – Rifco Inc. (TSXV:RFC) ("Rifco" or the "Company") announced today that at the special meeting of shareholders and option holders of Rifco (together, the ‎‎“Securityholders”) held today (the “Meeting”), the Securityholders overwhelmingly voted in favour of a special ‎resolution to approve the proposed plan of arrangement (the “Arrangement”).
Mar 30, 2020 06:03 am ET
Rifco Disputes Notice of Termination of Arrangement Agreement Provided by ACC Holdings Inc. and CanCap Management Inc.
RED DEER, ALBERTA - TheNewswire - March 30, 2020 - Rifco Inc. (TSXV:RFC) (OTC:RRFFF) ("Rifco" or the "Company") today announces that ACC Holdings Inc. (the "Purchaser") delivered written notice to Rifco on March 27, 2020 (after markets close) that it is alleging termination of the arrangement agreement dated February 2, 2020 (the "Arrangement Agreement") among Rifco, the Purchaser, and CanCap Management Inc. ("CanCap") in respect of a statutory plan of arrangement under the Business Corporations Act of Alberta (the "Arrangement").
Mar 20, 2020 12:03 pm ET
Leading Independent Proxy Advisor Firm ISS Recommends that Rifco Inc. Shareholders Approve Arrangement Agreement with CanCap Management Inc.
Red Deer, Alberta – TheNewswire - March 20, 2020: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announces that Institutional Shareholder Services (“ISS”), a leading independent proxy advisory firm, which recommendations are relied upon by many major institutional investment firms, mutual and pension funds and other institutional shareholders, released a report (the ISS Report) recommending that Rifco shareholders vote in favour of the proposed statutory Plan Of Arrangement (“Arrangement”) with  ACC Holdings Inc. (the "
Mar 10, 2020 11:03 am ET
Rifco Inc. Mails Shareholder Materials for April 3, 2020 Meeting and Appoints Gryphon Advisors Inc. as Proxy Solicitation Agent
Red Deer, Alberta – TheNewswire - March 10, 2020 - Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announces that it has mailed proxy materials and letters of transmittal to its shareholders in connection with the Special meeting (the “Meeting”) of Rifco’s investors to consider the previously announced transaction with ACC Holdings Inc. (the "Purchaser"), a direct wholly-owned subsidiary of CanCap Management Inc.
Feb 20, 2020 04:02 am ET
Rifco Reports Third Quarter Results
Red Deer, Alberta – TheNewswire - February 20, 2020: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated second quarter results for the period ended December 31, 2019.
Feb 04, 2020 07:02 am ET
Rifco Announces Positive Treasury Reorganization
      Red Deer, Alberta – TheNewswire - February 4, 2020: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that its wholly owned subsidiary, Rifco National Auto Finance (“Rifco”), has completed a reorganization of some of its banking relationships and treasury approach.  This reorganization will result in significant interest expense savings and increased treasury flexibility.
Feb 03, 2020 08:26 am ET
IIROC Trading Resumption - RFC
VANCOUVER, Feb. 3, 2020 /CNW/ - Trading resumes in:
Feb 03, 2020 07:30 am ET
IIROC Trading Halt - RFC
VANCOUVER, Feb. 3, 2020 /CNW/ - The following issues have been halted by IIROC:
Feb 03, 2020 07:02 am ET
Nov 21, 2019 04:11 am ET
Rifco Reports Second Quarter Results
Red Deer, Alberta – TheNewswire - November 21, 2019: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated second quarter results for the period ended September 30, 2019.
Sep 12, 2019 05:09 am ET
Rifco Announces Election of Directors and Posts AGM Presentation
Red Deer, Alberta – TheNewswire - September 12, 2019: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce that at the Annual General and Special meeting of shareholders (AGM) held September 12, 2019, each of the six nominees listed in the management information circular were elected as Directors of Rifco.  Elected were William Graham, Lance Kadatz, Johannes Nieuwenburg, Stuart Hensman, Gerry Wagner and Barry Shafran.
Sep 03, 2019 04:09 am ET
Rifco Renews Securcor Trust Securitization Facility for $50M
Red Deer, Alberta – TheNewswire - September 3, 2019: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce that it has received a funding facility renewal from Securcor Trust for $50M.  Loans previously securitized are not considered as part of the utilization of the new facility limit.
Aug 26, 2019 04:08 am ET
Rifco Releases Annual Report for Year Ended March 31, 2019
Red Deer, Alberta – TheNewswire - August 26, 2019: Rifco Inc. (TSXV:RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce it has released its Annual Report for the year ended March 31, 2019. Included is Rifco’s 2019 President’s Message, annual financial statements and the related management’s discussion and analysis.
Aug 22, 2019 08:08 am ET
Rifco Reports First Quarter Results
Red Deer, Alberta – TheNewswire - August 22, 2019 - Rifco Inc. (TSXV:RFC) (OTC:RRFFF) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated first quarter results for the period ended June 30, 2019.
Jun 13, 2019 05:06 am ET
Rifco Reports Fourth Quarter and March 31, 2019 Annual Results
Red Deer, Alberta. / TheNewswire / June 13, 2019; Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is announcing results for its wholly owned subsidiary Rifco National Auto Finance for the fourth quarter and the year ended March 31, 2019.
Apr 09, 2019 04:04 am ET
Rifco Grants Options
Red Deer, Alberta / TheNewswire / April 9, 2019: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that as part of its regular review of compensation, the Board of Directors has approved a grant of 280,000 stock options to senior officers and senior managers of the Company. The options were granted at an exercise price of $1.10 per common share and will expire on April 9, 2024. The options will vest over four years.
Mar 27, 2019 04:03 am ET
Rifco Lends 1 Billionth Dollar
      Red Deer, Alberta / TheNewswire / March 27, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that its wholly owned subsidiary, Rifco National Auto Finance (“Rifco”), has lent one billion dollars since inception.
Feb 14, 2019 06:02 am ET
Rifco Reports Third Quarter Results
Red Deer, Alberta / TheNewswire / February 14, 2019: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated third quarter results for the period ended December 31, 2018.
Nov 29, 2018 03:11 am ET
Rifco Renews $40 million Securitization Facility with Schedule I Chartered Bank
      Red Deer, Alberta / TheNewswire / November 29, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that its wholly owned subsidiary, Rifco National Auto Finance (“Rifco”), has completed its renewal with a Canadian Schedule 1 Chartered Bank (“Bank”). The facility has no formal limit but has a targeted annual utilization maximum of $40M.
Nov 28, 2018 03:11 am ET
Rifco Reports Second Quarter Results
Red Deer, Alberta / TheNewswire / November 28, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated second quarter results for the period ended September 30, 2018.
Nov 14, 2018 05:11 am ET
Rifco Renews Wells Fargo Led Credit Syndicate
Red Deer, Alberta / TheNewswire / November 14, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that its wholly owned subsidiary, Rifco National Auto Finance (“Rifco”), has extended its bank line with the Wells Fargo lead banking syndicate.
Nov 01, 2018 09:11 am ET
Rifco Launches Next Generation Custom Credit Scorecard Utilizing Payment Dimensions Plus (TM) from Equifax Canada Co.
Red Deer, Alberta / TheNewswire / November 1, 2018 - Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that it has successfully implemented its ‘next generation’ custom scorecard, which incorporates Equifax® data including Payment Dimensions PlusTM for the adjudication of auto financing applications.
Sep 11, 2018 06:09 am ET
Rifco Announces Election of Directors and Posts AGM Presentation
Red Deer, Alberta / TheNewswire / September 11, 2018: Rifco Inc. (TSX.V-RFC). Rifco is pleased to announce that at the Annual General and Special meeting of shareholders (AGM) held September 11, 2018, each of the six nominees listed in the management information circular were elected as Directors of Rifco.  Elected were William Graham, Lance Kadatz, Johannes Nieuwenburg, Stuart Hensman, Gerry Wagner and Barry Shafran.
Aug 28, 2018 06:08 am ET
Rifco Reports First Quarter Results
Red Deer, Alberta / TheNewswire / August 28, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated first quarter results for the period ended June 30, 2018.
Aug 14, 2018 04:08 am ET
Rifco Releases Annual Report for Year Ended March 31, 2018
Red Deer, Alberta / TheNewswire / August 14, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce it has released its Annual Report for the year ended March 31, 2018. Included is Rifco’s 2018 President’s Message, and the previously released 2019 Annual Objectives, annual financial statements and the related management’s discussion and analysis.
Aug 09, 2018 04:08 am ET
Rifco Renews Securcor Trust Securitization Facility for $50M
Red Deer, Alberta / TheNewswire / August 9, 2018: Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce that it has received a funding facility renewal from Securcor Trust for $50M.  Loans previously securitized are not considered as part of the utilization of the new facility limit.
Jul 27, 2018 09:07 am ET
Rifco appoints Barry W. Shafran to Board of Directors
Red Deer, Alberta / TheNewswire / July 27, 2018 - Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce that Mr. Barry W. Shafran has been appointed to the Board of Directors.
Jun 27, 2018 04:06 am ET
Rifco Grants Options, Appoints Auditor, and Announces Annual General Meeting Date
Red Deer, Alberta / TheNewswire / June 27, 2018 - Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that as part of its regular review of compensation, the Board of Directors has approved the grant of 350,750 stock options to senior officers, senior managers and directors of the Company. The options were granted at an exercise price of $1.26 per common share and will expire on June 26, 2023. The options will vest over four years.
Jun 19, 2018 02:06 am ET
Rifco Releases Annual Objectives
Red Deer, Alberta, / TheNewswire / June 19, 2018 - Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its specific objectives for the upcoming year.
Jun 19, 2018 02:06 am ET
Rifco Reports Fourth Quarter and March 31, 2018 Annual Results
Red Deer, Alberta / TheNewswire / June 19, 2018 - Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, is announcing results for its wholly owned subsidiary Rifco National Auto Finance for the fourth quarter and the year ended March 31, 2018.
Jun 06, 2018 05:00 pm ET
RIFCO to Present at The MicroCap Conference on June 21st in Toronto at the Sheraton Centre Hotel
TORONTO, ON / ACCESSWIRE / June 6, 2018 / RIFCO Inc. (TSX-V: RFC.V) will be presenting at this year's MicroCap Conference on June 21st in Toronto, Canada.
Jun 04, 2018 02:06 am ET
Rifco Acquires $25M Automobile Loan Portfolio
Red Deer, Alberta / TheNewswire / June 4, 2018; Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that it has closed on an agreement to acquire a $25M loan portfolio (the “Portfolio”) consisting of over 1,850 consumer automobile loans.  The Portfolio is being acquired from a special purpose entity (the “Seller SPE”).  The Portfolio was originated by a competing Canadian auto loan corporation, (“the Seller”).
Mar 09, 2018 11:03 am ET
Rifco Director Adopts Automatic Securities Disposition Plan
Red Deer, Alberta / TheNewswire / March 9, 2018 - Rifco Inc. (TSXV: RFC) (“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company in Canada, announced today that the following Named Executives or Directors, have adopted automatic securities disposition plans and/or purchase plans (“Automatic Plans”) in accordance with guidance under Ontario Securities Commission Staff Notice 55‐701 (the “Guidance”), and the Company’s Insider trading policies.
Feb 15, 2018 02:02 am ET
Rifco Reports Third Quarter Results
Red Deer, Alberta / TheNewswire / February 15, 2018 - Rifco Inc. (TSX-V: RFC) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce its consolidated third quarter results for the period ended December 31, 2017.
Feb 14, 2018 11:02 am ET
Rifco Signs Agreement with defi SOLUTIONS for Loan Origination and Analytics Software
Red Deer, Alberta / TheNewswire / Feb 14, 2018 - Rifco Inc. (TSXV: RFC) the largest publicly-traded alternative auto finance company in Canada, is pleased to announce that its wholly owned subsidiary, Rifco National Auto Finance (“Rifco”), has signed a contract with defi SOLUTIONS for its leading edge loan origination and analytics software packages – defi LOS and defi ANALYTICS.
Dec 20, 2017 08:00 am ET
Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc.
TORONTO, Dec. 20, 2017 /CNW/ - Sym-Tech Inc. ("Sym-Tech") announced today that it has made an additional strategic investment in Rifco Inc. TSX.V-RFC), acquiring an additional 432,500 shares in the company. Sym-Tech and its joint actors now beneficially own 3,662,800 common shares representing approximately 16.96% of the issued common shares of Rifco.
Oct 31, 2017 10:00 am ET
Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc.
TORONTO, Oct. 31, 2017 /CNW/ - Sym-Tech Inc. ("Sym-Tech") announced today that it has made an additional strategic investment in Rifco Inc. (TSX.V-RFC), acquiring an additional 433,400 shares in the company. Sym-Tech and its joint actors now beneficially own 3,230,300 common shares representing approximately 14.96% of the issued common shares of Rifco.
Aug 17, 2017 10:00 am ET
Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc.
TORONTO, Aug. 17, 2017 /CNW/ - Sym-Tech Inc. ("Sym-Tech") announced today that it has made an additional strategic investment in Rifco Inc. TSX.V-RFC), acquiring an additional 432,800 shares in the company. Sym-Tech and its joint actors now beneficially own 2,796,900 common shares representing approximately 12.95% of the issued commons shares of Rifco.
Aug 24, 2016 01:54 pm ET
/C O R R E C T I O N from source -- Sym-Tech Inc./
In the news release, Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc., issued 17-Aug-2016 by Sym-Tech Inc. over CNW, the stock symbol for Rifco Inc. is now included. The complete, corrected release follows: