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On March 15, 2021, Canaccord Genuity Group Inc. announced its proposed offer made to and rejected by the RF Capital Board to acquire 100% of the outstanding shares of RF Capital Group Inc.

The rationale behind our proposal is simple:

On a combined basis, RF Capital and Canaccord Genuity would become the preeminent independent wealth management business in Canada.

RF Capital's refusal to engage denies shareholders and investment advisors the chance to decide their own future

"We are resolute in our belief that our Proposal would provide superior value for RF Capital shareholders and that Richardson Wealth's Investment Advisors would benefit from the scale, stability, and growth potential that Canaccord Genuity can provide. The opportunity to bring together two of Canada’s leading independent wealth management businesses presents compelling synergies and economic benefits not only for our own business and shareholders, but also for RF Capital shareholders, Richardson Wealth’s Investment Advisors and their clients."

Dan Daviau
President & CEO
Canaccord Genuity Group Inc.

   

The information in this portion of the web site is intended for use by persons resident in Canada only. Canaccord Genuity Wealth Management is a division of Canaccord Genuity Corp., Member - Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. Independent Wealth Management advisors are registered with IIROC through Canaccord Genuity Corp. and operate as agents of Canaccord Genuity Corp.