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Proceeds from sale of tech company will be used for First Nations ag investment fund – Yahoo News Canada

September 7, 2022

A portion of the proceeds from the sale of a successful Saskatchewan tech company will help launch File Hills Qu’Appelle (FHQ) Developments into the burgeoning agriculture protein industry. FHQ is the investment and economic development arm of the File Hill’s Qu’Appelle Tribal Council.

“We will be looking to raise capital at some point in the very, very near future that is going to be used so that we can begin … making investments in the protein sector on the ag (side),” said Thomas Benjoe, president and CEO of FHQ Developments.

“That’s a very, very big industry right now in Saskatchewan so we want to make sure that we’re participating on a bigger scale.”

Read More: https://ca.news.yahoo.com/proceeds-sale-tech-company-used-124859163.html

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