Company Overview of Investissement Quebec Inc.
Investissement Quebec Inc., through its subsidiaries, provides advisory and financial services for organizations thinking to set up their business in Québec. Its services include providing in-depth knowledge of Québec; organizing visits; providing services for various industries to form strategic alliances; business assistance; and assisting companies in operating their subsidiaries. The company also provides financial solutions, including loans, equity financing, tax credits, development capital, financing of refundable tax credits, project financing, loan guarantees and equity investments, and more. In addition, it engages in exploring, discovering, and developing mining properties in Québ...
600, rue de la Gauchetière Ouest
Montréal, QC H3B 4L8
Founded in 1971
Key Executives for Investissement Quebec Inc.
Chief Executive Officer, President and Director
Chief Financial Officer and Vice-President
Executive Vice-President of Operations and Client Strategies
Vice-President of Legal Affairs and Corporate Secretary
Vice-President of Human Resources and Administration
Compensation as of Fiscal Year 2015.
Investissement Quebec Inc. Key Developments
Investissement Quebec Inc. Presents at 14th Annual BIO Investor Forum, Oct-20-2015
Oct 16 15
Investissement Quebec Inc. Presents at 14th Annual BIO Investor Forum, Oct-20-2015 . Venue: Parc 55 Hotel, San Francisco, California, United States.
Investissement Québec, Ressources Québec, Pétrolia Inc. and Etablissements Maurel & Prom S.A. Announce $100 Million Anticosti Joint Venture
Feb 13 14
Corridor Resources Inc. announced that it has signed a letter of intent with the Government of Québec, through its affiliates Investissement Québec and Ressources Québec, Pétrolia Inc. and Etablissements Maurel & Prom S.A. to create a joint venture that will appraise and potentially develop hydrocarbon resources on Anticosti Island, Québec. The commercial terms of the joint venture require Corridor and Pétrolia to transfer to a newly formed Québec limited partnership their respective Anticosti exploration licenses containing 891,906 acres and 639,037 acres, respectively, in exchange for Partnership interests of 29.30% and 20.70%. Concurrently, RQ and M&P will commit to spend $100 million collectively through the two phase program in exchange for a 50% interest in the Partnership; with RQ committing $56.67 million to receive a 28.33% interest and M&P committing $43.33 million to receive a 21.67% interest. Additionally, Corridor will transfer a 6.67% interest in the Partnership to RQ in exchange for a cash payment of $13.33 million; and a 0.97% interest in the Partnership to Pétrolia in exchange for a cash payment of $1.93 million. M&P will have the right to exit from the Partnership after a minimum of $35 million has been expended by the Partnership in conducting a minimum of 15 stratigraphic wells and the drilling and fracture stimulation of one well. The exercise of M&P of this exit right would be based solely on a reasonable analysis and interpretation of the technical data and results of the Phase 1 program accomplished at that time. In such event, M&P would relinquish its entire interest in the Partnership for no consideration. If this were to occur, in completing Phase 1, RQ would fund up to $13.26 million of the remaining Phase 1 commitment and would then own 50% of the Partnership. Corridor and Pétrolia would each become obligated to pay up to $3.37 million and each would then own 25% of the Partnership.
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