Maestro Capital announces plans for C$10 million private placement

Placement is related to acquisition of Westbridge Structured Mortgage

By Angela McDaniels

Tacoma, Wash., Aug. 25 – Maestro Capital Corp. plans to complete a private placement of not less than C$10 million in connection with its planned acquisition of Westbridge Structured Mortgage Corp.

The C$1.25 million acquisition is conditioned on the completion of the private placement, according to a company news release.

Maestro is a capital pool company. Westbridge operates a mortgage fund. Both are based in Ottawa.

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