Western nominates insurance executive Jennie Moushos to join board at upcoming annual meeting

HIGH RIVER, Alberta, June 11, 2018 (GLOBE NEWSWIRE) -- The Western Investment Company of Canada Limited ("Western") (TSXV:WI) has nominated Ms. Jennie Moushos as a new independent director in its proposed slate of directors to be elected at Western's upcoming annual meeting. Western's Information Circular is available on SEDAR.

Western's CEO Scott Tannas commented:
"I am proud to propose Jennie to shareholders. She has recently retired after a stellar career in the insurance industry. For the past six years, Jennie led Intact Insurance's $1.9 Billion operation in Western Canada. She is a CPA, CA and will provide us with added expertise in insurance, which is a priority focus for future investment at Western. If elected, Jennie will serve as Chair of our board's Audit Committee. Jennie is already a committed shareholder of Western, having participated in our February 2016 IPO."

About Western
Western is a unique publicly traded, private equity company founded by a group of successful Western Canadian businesspeople. Western's purpose is to create long term wealth for shareholders by building and maintaining a diversified portfolio of strong, stable and profitable western ? based companies and helping them to grow. For more information on the company, please visit its website at www.winv.ca

CONTACT INFORMATION
The Western Investment Company of Canada Limited
Scott Tannas
President and Chief Executive Officer
(403) 652-2663
[email protected]

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