Hillcore Group invests in Yaletown-backed Solegear Bioplastic
Solegear Bioplastic Technologies Inc (TSX-V: SGB), which in March obtained a public listing, has secured an investment from The Hillcore Group, a Canadian investment and advisory firm. Hillcore led the first tranche of the company's $2 million private placement of common shares. Hillcore also acquired a block of shares held by existing investor Yaletown Venture Partners, a Canadian venture capital firm. Vancouver-based Solegear, a maker of high-performance bioplastics products, said the proceeds of the private placement will support its commercial activities, including a purchase order for plant-based office products and a joint venture with Ex-Tech.
1 October 2015•9 mins read
