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 | 11 days 10 hours 33 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.


Jov Diversified Flow-Through 2009 Limited Partnership: Books Closing Nov. 4, 2009 @ 12 Noon EST [Press Release]
MarketWire | 4 days 4 hours 55 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 | 9 days 12 hours 45 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 Initial Closing for the Mavrix Explore 2009-II FT Limited Partnership [Press Release]
MarketWire | 9 days 12 hours 46 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...


Qwest Energy 2009-II Flow-Through Limited Partnership $20,000,000 Final Prospectus Filed [Press Release]
MarketWire | 4 days 4 hours 45 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...


Stone 2009 Flow-Through Limited Partnership Files Final Prospectus [Press Release]
MarketWire | 10 days 10 hours 39 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/28/09 -- Stone 2009 Flow-Through GP Inc., on behalf of the Stone 2009 Flow-Through Limited Partnership (the "Partnership"), has filed a final prospectus dated October 26, 2009 with Canadian securities regulatory authorities in each of the provinces and territories of Canada. Stone Asset Management Limited will act as Portfolio Advisor to the Partnership and will, prior to December 31, 2009, endeavour to invest all proceeds available for investment prima...


Freewest Resources Questions and Answers About the Inadequate All-Share Offer From Noront Resources for All Outstanding Freewest Shares [Press Release]
MarketWire | 5 days 7 hours 35 minutes ago
MONTREAL, QUEBEC -- (Marketwire) -- 11/02/09 -- The Board of Directors of Freewest Resources Canada Inc. (TSX VENTURE: FWR) wishes to provide Freewest shareholders with questions and answers regarding the unsolicited all-share offer by Noront Resources Ltd. for the outstanding shares of Freewest. These questions and answers can also be found on Freewest's website at


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 | 12 days 15 hours 58 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...


Silver Wheaton Completes US$287.5 Million Financing [Press Release]
PRNewswire | 38 days 20 hours 46 minutes ago
VANCOUVER, September 30 /PRNewswire-FirstCall/ -- Silver Wheaton Corp. ("Silver Wheaton" or the "Company")


Jov Diversified Flow-Through 2009 Limited Partnership Maximum Offering-$25,000,000 [Press Release]
MarketWire | 25 days 7 hours 23 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.


Harvest Banks & Buildings Income Fund Successfully Closes its $24,000,000 Million Initial Public Offering [Press Release]
MarketWire | 15 days 15 hours 58 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/23/09 -- Harvest Portfolios Group Inc. (TSX: HBB.A) is pleased to announce that the Harvest Banks & Buildings Income Fund (the "Fund") has completed today its initial public offering (the "Offering") of 2,000,000 Units at a price of $12.00 per Unit for aggregate gross proceeds of $24,000,000 million. The Fund has granted the agents an over-allotment option to acquire up to an additional 198,383 Units.


Guardian Capital Tactical Yield Fund Extends Exchange Option [Press Release]
MarketWire | 16 days 9 hours 33 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/22/09 -- Guardian Capital Group Limited (TSX: GCG)(TSX: GCG.A) and Guardian Capital Tactical Yield Fund -


CORRECTION FROM SOURCE: Harvest Banks & Buildings Income Fund Successfully Closes its $24,000,000 Million Initial Public Offering [Press Release]
MarketWire | 15 days 10 hours 29 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 10/23/09 -- A correction from source is being issued with respect to the release that was disseminated on October 23, 2009 at 10:51 AM ET. The release incorrectly stated the warrant expiry time was "on or before 5:00 p.m. (Toronto time) on, and only on, April 15, 2009" instead of correctly stating "on or before 5:00 p.m. (Toronto time) on, and only on, April 15, 2011". The complete and corrected release follows.


Pengrowth Energy Trust Announces Closing of CDN $300 Million of Trust Units [Press Release]
MarketWire | 15 days 17 hours 51 minutes ago
CALGARY, ALBERTA -- (Marketwire) -- 10/23/09 -- Pengrowth Energy Trust (TSX: PGF.UN) (NYSE: PGH) ("Pengrowth") is pleased to announce the successful closing of its previously announced bought deal financing. Pengrowth issued 28,847,000 Trust Units at $10.40 (CDN) per Trust Unit for gross proceeds of approximately $300 million (CDN); Pengrowth received approximately $285 million (CDN) in net proceeds. Purchasers under the offering will be entitled, provided that they continue to hold on Octob...


Bank of Canada must keep loonie stable: CIBC
National Post (Canada) | 11 days 20 hours 48 minutes ago
The Bank of Canada should look to intervene at extreme times to keep the value of the loonie stable and protect Canadas manufacturing base, states a new report from CIBC World Markets Inc.





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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