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by Stockwatch Business Reporter

The TSX Venture Exchange gained 3.42 points to 779.66 Friday, ending the week up 7.67 points. Going in the opposite direction, Jean Depatie and Rejean Gosselin's recent shell graduate, the Colombian gold promotion OneCap Investment Corp. (OIC), lost 11 cents to close at 14 cents on 30,902 shares.

OneCap Investment listed as a capital pool shell in September, 2012, with a $742,820 initial public offering at 20 cents. It was founded by first-time shell-makers (and first-time public company directors) Pierre Setlakwe and Daniel Dorey. Mr. Setlakwe is a real estate lawyer with De Grandpre Chait LLP in Montreal. Mr. Dorey, from 1991 to 2003, was the president of a couple of Quebec real estate management companies. Then from 2004 to 2013, he was the managing director of a real estate investment and advisory firm called OneCap Financial Corp. Before finding the Colombian gold deal for their shell, Mr. Setlakwe and Mr. Dorey lined up two other potential qualifying transactions. Not surprisingly, both were property development deals. First was the acquisition of an industrial building in Montreal, and the other was a deal to build a data centre in Winnipeg for Manitoba Telecom Services Inc.

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