Irricana is a town in southern Alberta, Canada. It is located in the wide open spaces of the Canadian prairies, 53 kilometers (33mi) northeast of Calgary, and west of the Drumheller badlands off Highway 9. The name of the town is an acronym of “irrigation canals”, which are found around the Irricana area. The closest neighboring village is Beiseker. Irricana is surrounded by the Municipal District of Rocky View.
Due to Irricana’s close proximity to the sprawling cities of Calgary and Airdrie developers are seriously looking at creating subdivisions in an area where land can be purchased at a more reasonable cost, thus passing on the savings to new residents.
Regency Capital partners Inc. is offering a simple 18% interest paid annually to our investors. Once the Irricana project has reached completion you receive your initial investment back.
The estimated time to completion is between 18 to 36 months.
The Issuer: Westmont Capital Corporation |
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| Appraised Value | $22,150,000.00 |
| Securites Offered | 18% Redeemable Bonds |
| Price per Security | $100 per Bond |
| Minimum Offering | $250,000 (2,500 Bonds) |
| Maximum Offering | $13,500,000 (135,000 Bonds) |
| Minimum Subscription | $10,000 (100 Bonds) |
| Payment Terms | Payment in full by certified cheque, trust cheque, or bank draft of the subscription price is to be made with the delivery of a duly executed and completed Subscription Agreement. |
Minimum investments are $10,000 and are RRSP eligible and secured by land. |
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