An entity created in conjunction with the sale of Turnstone Energy Inc. to Spur Petroleum Ltd., it provides Turnstone shareholders with the opportunity to participate in growth opportunities associated with Turnstone’s historic business, particularly related to potential future development in the Godin Area through a newly formed RoyaltyCo.
WindRiver’s focus is on developing and operating commercial wind power generation and run-of-river hydro generation projects. WindRiver is currently developing projects in Alberta and British Columbia and is committed to the communities that host the generation facilities.
Steel Reef Infrastructure Corp. is a midstream infrastructure company with operations focused in Saskatchewan and North Dakota. The investment in Steel Reef represents entry into a new oil and gas services sub-sector, helping to reduce both portfolios’ direct commodity exposure while providing a steady income stream.
Spur Petroleum Ltd. has oil and gas assets in Central Alberta and is well-regarded for its operating efficiency. Its previous iteration was one of few producers to generate strong returns during the downturn and achieve a successful liquidity event.
Through its affiliation with the fund managers PFM Fund Operations, PFM Venture Capital, Prairie Ventures GP, TopSoil Farm Land Management, and TopSoil Farm Land Management (II), and doing business as PFM Capital ("PFM Capital" or "PFM"), PFM is a leading private equity investment firm in Saskatchewan. Founded in 1989 as a corporate finance company, PFM has been managing private equity and venture capital funds since 1993. This website does not represent an offering of securities. The information disclosed is incomplete and can be qualified in its entirety by each fund's most recent offering document or limited partnership agreement, obtainable free of charge by contacting PFM Capital Inc. The securities described herein are only available to eligible investors in Canada in accordance with applicable securities laws.