CIBC World Markets Inc.

News and overview for CIBC World Markets Inc.

Freewest Resources Board of Directors Unanimously Recommends That Freewest Shareholders Reject Noront's Hostile Takeover Bid [Press Release]
MarketWire | 26 days 9 hours 46 minutes ago
MONTREAL, QUEBEC -- (Marketwire) -- 10/27/09 -- The Board of Directors of Freewest Resources Canada Inc. (TSX VENTURE: FWR) today unanimously recommended that Freewest shareholders reject the hostile take-over bid by Noront Resources Ltd. and not tender their shares to the Noront offer. The Board's recommendation is contained in a Directors' Circular being filed today.


TTM Resources Inc. Announces Normal Course Issuer Bid [Press Release]
PRNewswire | 4 days 13 hours 1 minute ago
TSX-V Symbol: TTQ Frankfurt Stock Exchange Symbol: T2U US Clearing Symbol: TTMRF Issued and Outstanding 46,329,989


Stone 2009 Flow-Through Limited Partnership Closes $6.8 Million IPO [Press Release]
MarketWire | 4 days 7 hours 36 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Stone 2009 Flow-Through GP Inc., on behalf of the Stone 2009 Flow-Through Limited Partnership (the "Stone 2009 FTLP"), is pleased to announce that on November 18, 2009 Stone 2009 FTLP completed its initial public offering and raised gross aggregate proceeds of $6,756,075, representing 270,243 limited partnership units at $25 per unit.


Mavrix Fund Management Inc. is Pleased to Announce the Final Closing for the Mavrix Quebec 2009 Flow Through LP [Press Release]
MarketWire | 5 days 12 hours 44 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/17/09 -- Mavrix Fund Management Inc. ("Mavrix") is pleased to announce the final closing of the sale of limited partnership units of Mavrix Quebec 2009 Flow Through LP (the "Partnership"). Total gross proceeds raised were $5.347 million. The Partnership will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration primarily in the Province of Quebec, with a view to maximizing the tax benefit of an investm...


TransAlta Announces $400 Million of Medium-Term Notes due 2019 [Press Release]
MarketWire | 10 days 7 hours 32 minutes ago
CALGARY, ALBERTA -- (Marketwire) -- 11/12/09 -- TransAlta Corporation (TSX: TA) (NYSE: TAC) today announced it has priced an offering of $400 million of 6.40 per cent medium-term notes due in 2019. The medium-term notes were priced at 99.708 per cent of the principal amount. TransAlta intends to use the net proceeds from the offering to repay a portion of the indebtedness relating to its acquisition of Canadian Hydro Developers, Inc. The notes are expected to be rated BBB (stable) by DBRS an...


Calamos Advantaged Income Fund Files Preliminary Prospectus [Press Release]
MarketWire | 5 days 11 hours 59 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/17/09 -- Legend Investment Partners Inc. (the "Manager"), as manager, announces the filing of a preliminary prospectus for Calamos Advantaged Income Fund (the "Fund") with the securities regulatory authorities of all of the provinces of Canada. The Fund is offering units ("Units") at a price of $25.00 per Unit.


Jov Diversified Flow-Through 2009 Limited Partnership: Books Closing Nov. 4, 2009 @ 12 Noon EST [Press Release]
MarketWire | 19 days 4 hours 8 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/03/09 -- Jov Diversified Flow-Through 2009 Limited Partnership (the "Partnership") is pleased to announce that it has filed a final prospectus dated October 29, 2009 (the "Prospectus") with the securities commissions or similar authorities in each of the provinces and territories of Canada other than Quebec, relating to the initial public offering of units of the Partnership. The maximum offering is $25,000,000 and the initial closing will be on Wednesd...


Mavrix Fund Management Inc. is Pleased to Announce the Second Closing for the Mavrix Quebec 2009 Flow Through LP [Press Release]
MarketWire | 24 days 11 hours 58 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/29/09 -- Mavrix Fund Management Inc. ("Mavrix") is pleased to announce the second closing of the sale of limited partnership units of Mavrix Quebec 2009 Flow Through LP (the "Partnership"). Gross proceeds raised to date are $4.048 million. The Partnership will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration primarily in the Province of Quebec, with a view to maximizing the tax benefit of an inves...


Mavrix Fund Management Inc. Is Pleased to Announce the Filing of the Final Prospectus for the Mavrix Explore 2009-II FT Limited Partnership [Press Release]
MarketWire | 27 days 15 hours 11 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/26/09 -- Mavrix Fund Management Inc. ("Mavrix") is pleased to announce the filing of the final prospectus for the Mavrix Explore 2009-II FT Limited Partnership (the "Partnership"). The Partnership will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration in Canada, with a view to maximizing the tax benefit of an investment in the Partnership's units, preserving capital and achieving capital appreciati...


Jov Diversified Flow-Through 2009 Limited Partnership Maximum Offering-$25,000,000 [Press Release]
MarketWire | 40 days 6 hours 36 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/13/09 -- Jov Diversified Flow-Through 2009 Limited Partnership (the "Partnership") is pleased to announce that it has filed a preliminary prospectus (the "Prospectus") dated October 7, 2009 with the securities commissions or similar authorities in each of the provinces and territories of Canada other than Quebec, relating to the initial public offering of units of the Partnership.


Mavrix Fund Management Inc. is Pleased to Announce the Initial Closing for the Mavrix Explore 2009-II FT Limited Partnership [Press Release]
MarketWire | 24 days 11 hours 59 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/29/09 -- Mavrix Fund Management Inc. ("Mavrix") is pleased to announce the initial closing of the sale of limited partnership units of the Mavrix Explore 2009-II FT Limited Partnership (the "Partnership"). Gross proceeds raised were $2.887 million. The Partnership will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration in Canada, with a view to maximizing the tax benefit of an investment in the Part...


Harvest Banks & Buildings Income Fund (TSX: HBB.UN)(TSX: HBB.WT) Raises an Additional $1,865,796 for Total Gross Proceeds of $25,865,796, as the Over-Allotment Option is Exercised by the Agents [Press Release]
MarketWire | 12 days 7 hours 37 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/10/09 -- Harvest Portfolios Group Inc. ("Harvest") is pleased to announce that today, the Harvest Banks & Buildings Income Fund (the "Fund")(TSX: HBB.UN)(TSX: HBB.WT) successfully issued an additional 155,483 Trust Units and 155,483 Warrants pursuant to the exercise by the Agents of their Over-Allotment Option. Total gross proceeds raised by the Fund was $25,865,796. The Units have separated into Trust Units and Warrants which now trade on the Toronto ...


Qwest Energy 2009-II Flow-Through Limited Partnership Announces First Closing Results [Press Release]
MarketWire | 12 days 5 hours 36 minutes ago
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/10/09 -- Qwest Investment Management Corp. is pleased to announce that Qwest Energy 2009-II Flow-Through Limited Partnership (the "Partnership") completed the first closing of its public offering of Partnership Units on November 10, 2009. The Partnership issued 182,150 Units at $25.00 for total gross proceeds of $4,553,750. A second and final closing will occur on or about November 30, 2009.


Silver Wheaton Completes US$287.5 Million Financing [Press Release]
PRNewswire | 53 days 19 hours 59 minutes ago
VANCOUVER, September 30 /PRNewswire-FirstCall/ -- Silver Wheaton Corp. ("Silver Wheaton" or the "Company")


Qwest Energy 2009-II Flow-Through Limited Partnership $20,000,000 Final Prospectus Filed [Press Release]
MarketWire | 19 days 3 hours 58 minutes ago
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/03/09 -- Qwest Investment Management Corp. is pleased to announce today that it filed a final prospectus for the initial public offering of units of the Qwest Energy 2009-II Flow-Through Limited Partnership (the "Partnership"). Funds raised by the Partnership will be used to purchase flow-through shares of resource issuers. Investors in the Partnership are expected to receive tax deductions of 100% of the amount invested for the 2009 tax year...





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Company Overview


Company: CIBC World Markets Inc.
Industry: Middle-Market Investment Banking
Website: http://www.cibcwm.com

CIBC World Markets is not some diabolical Canadian plot to take over the world. The company is the investment banking subsidiary of Canadian Imperial Bank of Commerce (CIBC), one of Canada's Big Four banks. Its services include debt and equity underwriting, sales, and trading; asset securitization; mergers and acquisitions advice; industry research; merchant banking; foreign exchange; and real estate finance. The company is active mainly in North America, where it has about a dozen locations. It also has nearly 10 additional offices in Asia, Europe, and Australia.


Key Numbers

Sales in U.S. Dollars (mil.) 573.1 (2008)
One-year % Growth in Sales 0.0 (2008)
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 2,500 (2008)
One-year % Growth in Number of Employees 0.0 (2008)
Fiscal Year-End October