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Message: What chance of capital raising?

Re: What chance of capital raising?(Hrattle)

posted on Mar 06, 2009 05:35AM

HR..

After you read this ..do you think that we can't raise any cash....maybe this will help you sleep better and should be part of every investors DD as KXL owners..I bought KXL the instant I found out Richardsons were involved..



FYI..(Check out the last para numbers..)

Portee

Richardson Partners Financial Limited pulls ahead in Canada West Foundation investment Club

July 17, 2007

CALGARY, June 17 -- Richardson Partners Financial Limited has pulled ahead in this year's Canada West Foundation Philanthropy Club. As of June 30, the firm achieved a 5.74% return on investment.

The Richardson Partners Financial Limited team consists of Carolyn Hursch, Mary Rose McQuire, Hartley Richardson. Royden Richardson and H. Sanford Riley.

This is the second year for the Philanthropy Club: last year's winners, Allan Markin, Jamie Mackie + J.F. Mackie & Company Ltd. achieved a 69.5% return on their investment. The ten Philanthropy Club Founding Member teams raised over $1.5 million for the Foundation. The funds are added to the Foundation's Founders' Endowment Fund.

The Philanthropy Club pits some of Canada's most affluent business people and their investment advisers against one another. Each team puts up $1 million and invests it in various public securities and investments over an 11-month period. The team that garners the largest return receives the Calgary Herald Philanthropy Club Award. All of the profits go to support the public policy and citizen engagement work of the Canada West Foundation.

The Foundation's Director of Fund Development, Julie Johnston, said that the work involved in putting the 2007 Philanthropy Club together was challenging, but the results have been worth it. "The exposure for the Foundation," she said, "has been tremendous, both within the community at large as well as from other non-profits. The generosity and spirit of philanthropy of the Philanthropy Club members is much appreciated and contributes to the growth and effectiveness of the Foundation's public policy work."

Besides Carolyn Hursh, Mary Rose McGuire, Hartley Richardson, Royden Richardson, H. Sanford Riley

+ Richardson Partners Financial Limited, the 2007 Philanthropy Club teams include

Allan MacKenzie, Brent McLean, Tony Vanden Brink + McLean & Partners Wealth Management Ltd,

EDCO Capital Corporation, N. Murray Edwards + Channel Capital Corporation

George Gosbee, A. Gordon Stollery + Tristone Capital Inc.

Ken Bruce, Brian Felesky, Jim Gray + Brookfield Asset Management Inc.

Ronald P. Mathison + Matco Financial Inc.

TransAlta Corporation + Front Street Capital

The third quarter results for 2007 Philanthropy Club will be announced in mid September with the Champion being celebrated in early February 2008.

Biographies of the Richardson Partners Financial Limited team:

Carolyn Hursh

Carolyn Hursh is Chairman of the Board, James Richardson & Sons, Limited, a family-owned multi-enterprise corporation, founded in 1857 and celebrating its 150th anniversary in 2007, a milestone in Canadian business history. Carolyn is a Director, Chair of Corporate Governance Committee as well as a member of the Audit Committee and the Compensation Committee of the Firm. Actively involved in a number of charitable endeavours and community organizations, Carolyn serves as Chairman of the Max Bell Foundation and as a Member of the Advisory Committee for the Family Business Management & Entrepreneurship Program at the University of Calgary.

Mary Rose McGuire

Mary Rose McGuire is First Vice President and Investment Advisor at Richardson Partners Financial, one of Canada's fastest growing wealth management firms. McGuire Wealth Management provides both discretionary and non-discretionary investment management as well as comprehensive wealth planning for clients who desire a disciplined approach, exclusive wealth solutions based on time tested processes and a superior level of personal service. We deliver The Richardson Difference.

Hartley T. Richardson

Hartley T. Richardson is President and Chief Executive Officer of James Richardson & Sons, Limited and its affiliates - James Richardson International, Richardson Financial Group Limited, Tundra Oil & Gas Limited and Lombard Place Limited. Hartley is Honorary Chairman of Richardson Partners Financial Limited and serves as a Director on numerous corporate Boards including Angiotech Pharmaceuticals Inc., Railpower Technologies Corp., Sembiosys Genetics Inc. and Canadian Pacific Railway. He is actively involved in several successful charitable endeavours, community organizations and significant fundraising initiatives. Notably, through the Richardson Family, Foundation and the Firm, Hartley helped establish The Richardson College for the Environment and New Inner-City Green Space and the Richardson Centre for Functional Foods and Nutraceuticals at the University of Manitoba.

Royden Richardson

Royden Richardson is Managing Director of Fairlane Asset Management Limited and has direct responsibility for the Richardson company portfolios. Royden is currently a Director of James Richardson & Sons, Limited, Chairman of the company pension plan and Director and Vice-Chairman of Richardson Partners Financial Limited. He is registered as a Senior Counseling Officer and portfolio manager with the Ontario Securities Commission. Outside directorships include Magna International Inc. and Primaxis Technology Ventures Inc. He acts as advisor to the Investment Advisory Board of the Workplace Safety and Insurance Board of Ontario and to KingSett Capital Inc.

H. Sanford Riley

H. Sanford Riley is President and Chief Executive Officer of Richardson Financial Group Limited (RFG), the financial services affiliate of James Richardson & Sons, Limited, which consists of two operating companies: Richardson Capital Limited, a private equity investment division and Richardson Partners Financial Limited, an independent wealth management firm. Sandy Riley is presently Chancellor of the University of Winnipeg, Chairman of the University of Winnipeg Foundation and serves on several corporate Boards of Directors. He was recently appointed as a Member of the Order of Canada.

Richardson Partners Financial Limited

Richardson Partners Financial is one of Canada's fastest growing independent wealth management firms with nine offices across Canada and manages more that $6 billion in assets. Since inception in 2003, it has gained recognition and trust from investors for its ability to deliver comprehensive advice and exclusive wealth management solutions. http://www.rpfl.com/

For more information:

Gary Slywchuk
Media Consultant
403-835-8192

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