Monday, August 22, 2011

Voyageur Web Informs and Supports Members

Voyageur Foundation is in the Montreal news again, this time because of an international web site it has set up to inform members affected by the ongoing default of Eiger Capital Corp, the former majority owner of Merendon Mining Ltd. Corp.

The Montreal Gazette admits that it isn't sure whether the site is being use to sell investments or not, because apparently no one has actually entered the password-protected site to read the content. But this didn't stop the newspaper from running the Aug. 18th headline: "Banned foundation 'still soliciting Quebecers' through new website."

Side note to Gazette Editor: please read the email from AMF spokesperson Caty Beausejour again. She is quoted in your newspaper as writing: "If it appears that Voyageur Foundation .....[is] still soliciting Quebecers..."  
In fact, she uses that important "if" word several times in the quotes recorded by your reporter, "if" being a conditional statement, not a declared accusation.

So the question is - is Voyageur Foundation selling investments through its web site?

The answer is no: Voyageur Foundation is not selling investments through its web site. 

To clear up that point of doubt and for the public record, Voyageur Foundation has a short statement concerning its web site:

"Voyageur Foundation’s private web site is strictly to inform and support its members. The information it contains is not for solicitation or promotion of investments."

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