Press Releases
Click on the year to view the reports for that year
2009
Rifco Reports $347K Third Quarter Profit
Rifco Reports $35K Second Quarter Profit
Rifco Receives $2M Credit Facility Increase and Updates Website Investor Presentations
Rifco Secures An Additional $30 Million Securitization Facility
Rifco Reports $165K First Quarter Profit
Rifco Releases Annual report
Rifco Renews $30 Million Securcor Trust Securitization Facility
Rifco Reports Annual Net Income of $1.42M - 162% Increase
RIFCO Ranked 41st Fastest Growing Company in Canada by Profit 100
RIFCO Reports Record Results in Third Quarter
RIFCO Lends $100 Millionth Dollar
RIFCO hits AB Ventures best Performing AB bases stocks of 2008 list
2008
RIFCO Renews Credit Facility and Updates Website Investor Relations Materials
RIFCO Reports Net Profit of $321k in Second Quarter
RIFCO to present at the Vancouver Small Cap Conference
RIFCO to Attend Global Chinese Financial Forum - Oct 8, 2008
RIFCO To Present at Calgary Small-Cap Conference - Sept 8, 2008
RIFCO Reports Record Profit of 607K in First Quarter - August 26, 2008
RIFCO Renews 30 Million Securcor Trust Securitization Facility - August 11, 2008
RIFCO Releases Annual Targets - August 7, 2008
RIFCO Grants Options - July 7, 2008
RIFCO Reports net Income of 390K in Q4 - 149 Percent Increase - July 2, 2008
RIFCO Receives Second Letter of Credit from BMO - May 1, 2008
RIFCO to Focus on Auto Lending Transfers Repair Financing to Travelers - March 27, 2008
RIFCO Reports Record Loan Originations in Q3 - Feb 22, 2008
RIFCO Insider Increasing Holdings - Jan 3, 2008
RIFCO Hits Alberta Venture 2008 Fast 50 Ranking of Alberta's Fastest Growing Companies - Jan 2, 2008
2007
RIFCO Renews BMO Credit Facility - Dec 17, 2007
RIFCO Director Resigns - Nov 30, 2007
RIFCO Returns to Profitability in Q2 - Nov 23, 2007
RIFCO Now Online for Dealer Applications - Oct 31, 2007
RIFCO Reports Securitization Funding and Grants Options - Sept 4, 2007
RIFCO Reports First Quarter Results - August 28, 2007
RIFCO Reports $680k in Annual Net Income and $156k in Q4 - July 10, 2007
RIFCO Renews Securcor Trust Securitization Facility with Increase to $30 Million - July 3, 2007
RIFCO & Community Credit Union Agree to a $30 Million Facility - June 4, 2007
RIFCO Receives $2.0 Million Letter of Credit from BMO Bank of Montreal - April 30, 2007
RIFCO Expands to Atlantic Canada - Grants $50 Million in loans - March 22, 2007
RIFCO Reports $277,000 Quarter 3 Profit - Feb 19, 2007
RIFCO Increases Senior Debt Line to $7.5 Million with BMO Bank of Montreal - Jan 22, 2007
RIFCO Makes Changes to Board of Directors - Jan 8, 2007
2006
RIFCO Renegotiates $2.5 Million in Subordinated Debt - Dec 12, 2006
RIFCO Closes Private Placement with Final Tranche - Nov 30,2006
RIFCO Reports $247K Year to Date Profit - Nov 16,2006
RIFCO Closes Initial Tranche of Private Placement - Oct 20,2006
RIFCO Recognized on PROFIT HOT 50 Ranking of Fastest Growing -Sept 18, 2006
RIFCO Signs National Agreement with OK Tire Stores - Sept 6,2006
RIFCO Announces Private Placement - Aug 22, 2006
RIFCO Reports Net Income of 158K in Q1 - Aug 17,2006
RIFCO Selects CALMS Loan Origination System to support it's LoanOrigination Process - July 24, 2006
RIFCOReleases Annual and Q4 Financial Results - July 10, 2006
RIFCO Inc. Grants Options to Officers - July 6,2006
RIFCOSigns Agreement with Toromont Industries Ltd. - July 5, 2006
RIFCO Inc. Repays 1M Convertible Debenture - May 1,2006
RIFCO Closes Previously Announced 1 Million Share PrivatePlacement - April 11, 2006
RIFCO Renews $20 Million Securitization Facility - March 31,2006
RIFCO Secures 4.5 Million Senior Debt line from BMO Bank ofMontreal - March 28, 2006
Mister Transmission Signs National Agreement with RIFCO - March27, 2006
RIFCO Inc. Provides Fiscal 2006 and 2007 Guidance - March 15,2006
RIFCO Arranges 1 Million in Private Placement - March 13,2006
RIFCO'sThird Quarter Loan Volume Reaches Record 3.7 Million - Feb 14,2006
CARSTARAutomotive Canada Signs an Agreement with RIFCO - Feb 2, 2006
RIFCOAnnounces New Relationship with Major Chain Partner - Jan 23,2006
RIFCO Ranked 9th Fastest Growing EmergingCompany in Alberta by Alberta Venture - Jan 3, 2006
2005
RIFCO Appoints David Mears to Board of Directors - Dec 12, 2005
RIFCO Reports Second Quarter Results - Nov 25, 2005
Warrant Term Extension - Sept 22, 2005
RIFCO ranked 5th fastest growing young company in Canada by PROFIT HOT 50 - Sept 19, 2005
RIFCO reports first quarter results - Aug 26, 2005
RIFCO Announces Graduation to Tier 1 of the TSX Venture Exchange - Aug 24, 2005
RIFCO Achieves First Annual Profit on Record Revenues - Jun 27, 2005
RIFCO hires former Wells Fargo VP to head operations - May 18, 2005
RIFCO Hires Vice President of Marketing - April 20, 2005
RIFCO Inc. - Securcor Trust Loan Securitization - April 13, 2005
RIFCO Completes First Loan Securitization For $5.9 Million with Securcor Trust - March 31, 200
5
RIFCO Reports Nine Month Revenue up by 105% - Feb 28, 2005
Private Placement Non-Brokered - Jan 12, 2005
2004
The Howard Group Inc. Contract extended for add year - Dec 22, 2004
RIFCO INC. Appoints Jim Nieuwenburg to Board of Directors - Dec 21, 2004
RIFCO INC. Announces Closing of $1.25M Institutional Financing - Dec 1, 2004
RIFCO Reports Six Month Revenue up by 115% - Nov 29, 2004
RIFCO INC. To proceed with $20 Million Security Facility - Nov 25, 2004
RIFCO INC. Announced First Million Dollar Month - Sept 8, 2004
RIFCO INC. Reports First Quarterly Operating Profit - Aug 26, 2004
RIFCO Reports Annual Results - Aug 19, 2004
RIFCO Increases Payouts to Repairers - July 8, 2004
RIFCO Appoints New President and CEO - June 22, 2004
RIFCO Launches Commercial Vehicle Repair Plan - June 7, 2004
RIFCO Reports 4th Quarter 2004 Results Revenue up 255% - May 5, 2004
RIFCO Inc. Completes $500,000 Equity Financing - Apr 2, 2004
RIFCO INC. Reports Third Quarter 2003 Results-Revenue up 391% - February 24, 2004
RIFCO INC. Announces Equity Offering - February 13, 2004
RIFCO INC. The Howard Group Inc. to Provide Investor Relations Services - January 29,2004
RIFCO INC. New National Head Office - January 28, 2004
RIFCO INC. Hits 1,000 Valued Repairers/Dealers - January 7, 2004
2003
RIFCO INC.
Enrols
38 Master Mechanic Locations - Sept 25, 2003
RIFCO INC. Announces Senior Debt Line increased to $3.5 Million - Sept 11, 2003
RIFCO INC. Expands to Ontario - Sept 2, 2003
RIFCO INC. Reports Annual Results – Over $1.8M in Loans Granted - Aug 28, 2003
RIFCO INC. launches operations in Manitoba - June 9, 2003
RIFCO Announces change of Fiscal Year End - May 7, 2003
RIFCO INC. to enrol Boyd Group locations - April 30, 2003
RIFCO INC. Announces New Senior Debt Line - April 4, 2003
RIFCO Listed on TSX Venture Exchange - April 1, 2003
RIFCO Lends Over $1 Million - Jan 15, 2003
RIFCO Over 500 Repair Facilities Enrolled - Jan 9, 2003
2002
RIFCO Launches Operations in British Columbia - Oct 16, 2002
RIFCO to Present at UATA Conference - Oct 8, 2002
RIFCO Announces New Financing Program - Sept 30, 2002
Vista Investments Inc. Acquisition Agreement Signed with RIFCO - Aug 12, 2002
RIFCO Announces VP Marketing Appointment - June 13, 2002
RIFCO Closes Offerings - Completes $1M Investment - June 3, 2002
RIFCO Commences Operations - Feb 1, 2002
2001
RIFCO and IAP Life to Offer Credit Insurance - Dec 21,2001
RIFCO launches website - Dec 21, 2001
RIFCO selects Red Deer as location for head office - Nov 5, 2001
RIFCO Escrow Agreement - Oct 26, 2001
RIFCO Hires V.P. Finance - Oct 2, 2001
RIFCO Selects Investment Banker - Sept 25, 2001
RIFCO
Suite 500
5000 Gaetz Avenue
Red Deer, Alberta
T4N 6C2
Phone: 403.314.1214
Fax: 403.314.1132
E-mail:
info@rifco.net