Espace MicroCaps is glad to invite you to its Fall 5to7 Cocktail at the Bier Markt Montreal on Wednesday, September 7 at 5:00pm. Our quarterly events are the perfect occasion to network with likeminded investors while discovering new non-resources investment opportunities in the Canadian microcap space.
Where: Bier Markt Montreal, 1221 René-Lévesque W, Montreal
When: Wednesday September 7, at 5:00pm (please arrive before 5:25pm for the first presentation)
The first 75 participants to register and to show up at the event before 5:25pm will receive a 10$ coupon for a free drink of their choice. Appetizers will be served during the cocktail as well.
To reserve your spot: Espace MicroCaps Fall 5to7 Cocktail Event
The presenting companies have been hand-picked based on the attractiveness of their business model, market opportunity and fundamentals.
Pioneering Technology Corp. (TSX Venture : PTE)
About: Pioneering, based in Mississauga, Ontario is an “energy smart” technology company and North America’s leader in innovative cooking fire prevention technologies. Pioneering engineers and brings to market energy-smart solutions for everyday consumer appliances making them safer, smarter, and more efficient.
The company’s patented technologies/products address a multi-billion-dollar problem – cooking fires. According to the National Fire Protection Association, stovetop cooking is the number one cause of household fire and fire injuries in North America (48% of all household fires – up from 20% in 1980). Pioneering’s temperature limiting control (TLC) technology is now installed in well over 140,000 multi-residential housing units across North America without a single cooking fire being reported and delivering a return on investment for its customers.
Pioneering is selling its proprietary cooking fire prevention solutions through distribution agreements with well-established companies like Home Depot, Staples Advantage and Siemens.
The opportunity: The past 3 years, Pioneering has experienced massive sales growth, with a compound annual growth rate of 78% from 2013 to 2015. In fiscal 2016, management expects growth of 50% or more. The increase in sales has allowed the company to achieve (and sustain) profitability and, considering the closing of a $1.5M private placement last March (in which Espace MicroCaps participated), the company now has all the resources it needs to continue on its strong momentum.
It should help that new regulations for coil stoves will make it mandatory for OEMs to incorporate fire prevention technology into their appliances in 2018. Pioneering, with its leading position in this market, is a logical partner for manufacturers wishing to comply with new regulations without having to make risky investments in research and development.
AlliancePharma Inc. (TSX Venture : APA)
About: AlliancePharma is a leading provider to the pharmaceutical market for staffing and training solutions. Today it is a respected name for quality and expertise among pharmacists. Its management team is guided by a vision of continuing to lead the way in Quebec while extending operations across Canada and internationally.
The opportunity: On August 23, 2016, AlliancePharma announced the closing of three acquisitions, which will enable the company to reach $50M in annual gross sales and a pro-forma Adjusted EBITDA of approximately $5M. These acquisitions were financed through issuance of 15.6M ordinary shares of the company, completion of a $4M private placement with Persistence Capital Partners, a private investment fund specializing in the healthcare sector, and a $14.5M term loan by the National Bank of Canada.
This marks the start of a geographical expansion in the rest of Canada and a new phase of growth for AlliancePharma, adding distribution of generic drugs and medical communications services to its offering. With a strong management leading the company, it is certainly one to follow closely in the coming years.
Event Sponsor : WhiteHaven Securities
During the cocktail, there will also be a short presentation by our event sponsor: WhiteHaven Securities (Youri Bourdon and Alexandre Galasso). WhiteHaven is a wealth management firm operating in five distinct areas: portfolio management, mutual funds, exempt market, business financing and insurance. WhiteHaven professionals will be available throughout the event to answer your questions.
We look forward to seeing you on September 7.
Philippe and Mathieu
Disclosure: Philippe and Mathieu own shares of Pioneering Technology. Philippe also owns shares of AlliancePharma.