Fund: Apex II Investment Fund, SaskWorks Diversified, SaskWorks Resources
Initial Investment Date: October 2014
Lycos is an oil-focused, exploration, development, and production company with assets in Southwest Saskatchewan and the Lloydminster area. The company was formed from the merger of Chronos Resources Ltd. and Samoth Oilfield Inc. in 2022.
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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.