Vancouver: Vancouver-based Voyageur Film Capital Corp. listed on the Alberta Stock Exchange earlier this month and, as its first order of business, folded in Vancouver-based Cambridge Films. Voyageur is majority owned by Shelley Kirk and Kathleen Martin, two of the three owners of Cambridge (with Sylvie Peltier), a small production company which most recently has financed short films.
Voyageur will be a small finance company, which, after an equity placement, will have between $3 million to $5 million to spend on in-house and other productions and coproductions.
Kirk says the first priority will be nine hours of new production developed by Cambridge including a unnamed five-hour miniseries and two features: the romantic comedy Will You, Won’t You by Kellie Benz (director of the short film The Second Coming) and True North, a boy’s coming-of-age story by Micheal Bafaro and Jonas Quastel (Crackerjack, Listen). The features are tentatively scheduled for back-to-back filming in September and November and will likely be bound for the festival circuit and cable broadcast markets.
Eventually, adds Kirk, the company will be involved in gap financing, anywhere from 5% to 50%.
The ase listing was underwritten by CM Oliver in Vancouver.