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We target investments in public companies, trailer fee rights, notes receivable, reporting issuers and controlled private companies.
What Target Capital Is All About

Target Capital is a publicly traded investment company that seeks to provide strong investor returns through both dividends and capital appreciation. The Company has investments in public companies, trailer fee rights, notes receivable, reporting issuers and controlled private companies.

About Us
Who We Are
Rick Skauge, CEO

Rick is the founder, Chief Executive Officer, director and major shareholder of the Corporation. He has been in the financial industry since 1971. Rick began his career as a life insurance agent immediately after graduating with a Bachelor of Arts Degree majoring in economics. In the early 1980s, he began selling mutual funds and in 1985 he started Target Financial Group Inc., a mutual fund dealer. This Corporation continued for 20 years. In 1987, Rick became involved in the oil and gas business. From 1987 to 1998, he raised in excess of $30 million for oil and gas exploration. Rick founded Olympia Trust Company in 1996 and has been the Chief Executive Officer of the Corporation since then. Olympia Trust Company has grown from its original $2.5 million capital base to a market capital of approximately $70 million. Olympia Trust Company is a wholly owned subsidiary of Olympia Financial Group Inc. (TSXV: OLY). Rick is also the Chief Executive Officer of Eyelogic Systems Inc. (TSXV: EYE.A) and has been involved in numerous private and public start-up companies. He also has a tree farm and is currently building a golf course in Airdrie, Alberta

Craig Skauge, President

Craig is a Director and the President of the Corporation. Since 2003, Craig has been involved in multiple areas of real estate investment, finance, acquisition and development. He graduated from the University of Lethbridge with a Bachelor of Management Degree in 2003. Prior thereto, Craig received a Diploma in Business Administration from the Southern Alberta Institute of Technology ("S.A.I.T."). He has been the recipient of multiple academic scholarships, including the Alexander Rutherford Scholarship and S.A.I.T. entrance award. Since 2003, Craig has acted as the Business Development Manager for Olympia Trust Company's registered plans division. Craig's position with Olympia Trust Company has involved networking with multiple mortgage brokers and real estate developers in an attempt to have them and their investors use Olympia Trust Company's registered plan services. In June of 2008, Craig was appointed to the board of directors of Olympia Trust Company's parent Company, Olympia Financial Group Inc. (TSXV: OLY). In 2005, Craig became the President of Exempt Market Consultants, where his job has entailed consulting with various real estate developers and investment companies on how to access registered retirement savings for their projects. In his capacity as President of his personal holding corporation, Transparent Investments Inc., Craig has arranged the purchase and financing of multiple parcels of raw land in Alberta. Craig has been an advisory board member with the Children’s Wish Foundation of Canada (Alberta/NWT Chapter) since 2008.

Who We Are
Kris Moen, Chief Finacial Officer

Ryan is the CFO of the corporation and brings his knowledge of the financial, high tech and not-for-profit sectors to the Company. In addition to his training as a Chartered Accountant and Certified Information Systems Auditor, Ryan holds BSc in Computer Science from Memorial University of Newfoundland and has 10 years of experience in IT system management and implementation. Ryan is also the CFO of Exempt Market Consultants and Eyelogic Systems Inc. (TSX-V:EYE.A), a small optical solution provider.

NEWS

Stock quote

TCI.V

$1.00 (last trade: 6/24/2015 at 11:24am)
Change: $+0.00

Target acquires stake in development company

 

Calgary, AB – Target Capital Inc. (TSX-V:TCI) announces it has closed the purchase of 50% of 1587182 Alberta Ltd.

Target Capital has closed a transaction with 1587182 Alberta Ltd. (“1587182”), an arm's length private development company, pursuant to which Target acquired a 50% interest in the company. 1587182 holds a purchase contract on certain commercial real property in Langley, British Columbia, which it intends to further develop.

News

Directors

Anne Louise Bartlett

Gerardus Janssen

Brian Newman

Rick Skauge

Craig Skauge Greg Walter

 

Officers

Rick Skauge

Chief Executive Officer 

Craig Skauge President

Kristoffer Moen Chief Financial Officer 

 

Board Committees

Audit Committee 

Corporate Governance & Nomination Committee 

Compensation Committee 

 

Auditors

Kenway Mack Slusarchuk Stewart LLP

Chartered Accountants

Suite 1500, 333 - 11th Avenue SW

Calgary, Alberta T2R 1L9

Corporate Info
Contact

Head Office

Target Capital Inc.

Suite 1020, 140 - 10th Avenue SE

Calgary, Alberta T2G 0R1

 

T 403.476.0280

 

www.targetcapitalinc.com

cfo@targetcapitalinc.com

 

Transfer Agent

CST Trust Company

Suite 600, 333 - 7th Avenue SW

Calgary, Alberta T2P 2Z1

T 403.776.3900 F 403.776.3916

 

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