Fonds de solidarité FTQ

Fonds de solidarité FTQ is a private equity and venture capital firm based in Montreal, Canada, with additional offices in Quebec. Established in 1983, the firm specializes in investing in small and medium-sized businesses across various sectors, including natural resources, aerospace, agri-food, life sciences, and culture. It primarily focuses on projects that require funding of $3 million or more and provides loans up to $2 million. The firm actively seeks investment opportunities in Quebec, particularly in regions such as Abitibi-Témiscamingue and Montérégie. Fonds de solidarité FTQ invests in a range of activities, including business succession, financial restructuring, and market development, while avoiding sectors like retail, real estate, and biotechnology. It typically engages in equity financing and unsecured debt with investment horizons ranging from five to ten years. The firm aims to support projects that positively impact the Quebec economy and often takes either minority or majority stakes in its portfolio companies.

Janie Béïque

President and CEO

Alain Denis

Senior Vice President, Innovation

Patrice Jolivet

Vice President, Investments - Agri-Food and Health

Martin Latreille

Investment Director of IT and Telecom

Dany Sarazin-Sullivan

Investment Manager

Past deals in Natural Resources

Power Corporation of Canada

Post in 2022
Power Corporation of Canada is a diversified international management and holding company headquartered in Montréal, Canada. Established in 1925, it operates in various sectors, including financial services, renewable energy, and communications. The company has significant interests in life insurance, asset management, and investment advisory services through its subsidiaries, such as Lifeco and IGM Financial. Power Corporation offers a range of products, including life and disability insurance, annuities, mutual funds, and wealth management services. In addition to its financial operations, the company generates renewable energy from solar and wind facilities and is involved in manufacturing LED lighting solutions and zero-emission vehicles. Its portfolio includes a variety of businesses in sectors such as mineral-based specialty solutions, testing and certification, cement production, wines and spirits, and leisure parks. Power Corporation also holds minority stakes in other international companies, further expanding its investment reach.

Groupe Crete inc

Venture Round in 2021
The Crête Group's activities are the results of a family-run company founded by Gérard Crête in 1949 and developed thereafter by his son Martin and his grandson Sébastien. For the past sixty years, their business, human and community relations have been defined by honesty, respect and integrity. It is understood that, despite its impressive track record, the Crête family knew how to stay humble and modest in spite of their numerous success that they willingly share with all of their partners that accompanied them during those years. Going over this site, you will discover the passionate story of this family native of the Mauricie, that, during many years, knew how to get out of a tricky situation in an unstable economy and an industry constantly restructuring. A family as determined as dynamic, constantly challenging their own company politics while always seeking excellence. The Crête family is in business for long! Groupe Crete's misssion is to remain a performing and flexible company of the Québec softwood transformation industry, a renewable ressource. By manufacturing products that are adapted to the needs of our customers. The company develops innovative products that are respectful of the environment, with the objective to generate value for the community, its customers, employees and shareholders.

Troilus Gold

Post in 2021
Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.

Harfang Exploration

Post in 2019
Harfang Exploration Inc is a Canadian mining exploration company focused on discovering gold districts primarily in Quebec. The company is engaged in the acquisition and exploration of mineral properties, with a significant emphasis on gold and lithium. Its main projects include the Lac Menarik gold property in the James Bay region, which is noted for being underexplored, as well as other properties such as Menarik East, Serpent, Lake Fagnant, Lake Aulneau, and Lake Tapiatic. Harfang's strategy involves developing mining projects and establishing partnerships with other exploration and mining firms to enhance its exploration efforts in these resource-rich areas.

Les Chantiers de Chibougamau ltée

Venture Round in 2019
Nordic Structures is the leading innovator in engineered wood products and mass timber construction. Its resource comes from responsibly managed lands within the regional boreal forest. Vertical integration, from forest to structure, bolstered by Nordic’s experienced design and development team, ensures consistent quality and unparalleled level of service.

Stelmine Canada

Post in 2019
Stelmine Canada is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining properties in Quebec. The company's asset portfolio includes several properties, such as the Courcy, Mercator, Joubert, Nouvelles, Ilnu, and Trieste properties. Stelmine is actively planning the establishment of a new gold mining camp in the eastern part of the Opinaca metasedimentary basin, indicating its commitment to advancing mineral resources in the region.

Golden Valley Mines

Post in 2018
Golden Valley Mines Ltd. is a Canadian company focused on identifying, acquiring, and developing mineral exploration and evaluation projects. The company primarily explores for a variety of minerals, including gold, copper, zinc, silver, cobalt, molybdenum, nickel, and platinum group metals. It holds 16 exploration properties located in key mining regions such as the Abitibi Greenstone Belt, the James Bay, Mistassini, and Otish regions of northern Quebec, as well as the Nunavik region and the Athabasca Basin in Saskatchewan. Golden Valley Mines typically conducts initial exploration on grassroots targets in which it holds a 100% interest, after which it seeks partners to fund further exploration. This strategy allows the company to maintain its generative programs while pursuing systematic exploration at other majority-owned projects. Established in 2000, Golden Valley Mines is headquartered in Val-d'Or, Canada.

Kintavar Exploration

Post in 2018
Kintavar Exploration Inc. is a natural resource corporation focused on the exploration and development of gold and base metal properties in Canada, particularly in Quebec. The company's flagship project is the Mitchi copper property, spanning approximately 30,000 hectares in the Grenville geological province. In addition to Mitchi, Kintavar holds interests in the Anik gold property, which consists of 120 claims covering 6,700 hectares southeast of Chapais, and the Riviere à l’aigle project, comprising 161 claims over 9,026 hectares in the Chapais-Chibougamau region. The company aims to identify and acquire underexplored properties in geologically favorable areas, primarily focusing on the Abitibi gold district and the Grenville geological province. Kintavar Exploration is headquartered in Boucherville, Canada.

Stelmine Canada

Post in 2018
Stelmine Canada is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining properties in Quebec. The company's asset portfolio includes several properties, such as the Courcy, Mercator, Joubert, Nouvelles, Ilnu, and Trieste properties. Stelmine is actively planning the establishment of a new gold mining camp in the eastern part of the Opinaca metasedimentary basin, indicating its commitment to advancing mineral resources in the region.

Harfang Exploration

Post in 2018
Harfang Exploration Inc is a Canadian mining exploration company focused on discovering gold districts primarily in Quebec. The company is engaged in the acquisition and exploration of mineral properties, with a significant emphasis on gold and lithium. Its main projects include the Lac Menarik gold property in the James Bay region, which is noted for being underexplored, as well as other properties such as Menarik East, Serpent, Lake Fagnant, Lake Aulneau, and Lake Tapiatic. Harfang's strategy involves developing mining projects and establishing partnerships with other exploration and mining firms to enhance its exploration efforts in these resource-rich areas.

Stelmine Canada

Post in 2017
Stelmine Canada is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining properties in Quebec. The company's asset portfolio includes several properties, such as the Courcy, Mercator, Joubert, Nouvelles, Ilnu, and Trieste properties. Stelmine is actively planning the establishment of a new gold mining camp in the eastern part of the Opinaca metasedimentary basin, indicating its commitment to advancing mineral resources in the region.

Forage G4

Venture Round in 2016
Forage G4 stands out in projects that present highly technical difficulties. No matter what the conditions, our team carries out the work efficiently and professionally, and this, with the utmost respect for communities and environmental standards. Whether it is for surface drilling or for underground drilling, we offer rapid and efficient service for all types of needs, as much in exploration as in operation.

Cartier Resources

Convertible Note in 2016
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.

Cartier Resources

Post in 2015
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.

Groupe Lebel

Venture Round in 2014
Groupe Lebel’s mission is optimizing the transformation of wood into sustainable products all while contributing to the development of our community. Precise quality control, from the tree to the finished product. We control every stage of production (cutting plan, reforestation, sawing, drying, planing, classification, processing, packaging and delivery).

Les Chantiers de Chibougamau ltée

Debt Financing in 2011
Nordic Structures is the leading innovator in engineered wood products and mass timber construction. Its resource comes from responsibly managed lands within the regional boreal forest. Vertical integration, from forest to structure, bolstered by Nordic’s experienced design and development team, ensures consistent quality and unparalleled level of service.

Golden Valley Mines

Post in 2010
Golden Valley Mines Ltd. is a Canadian company focused on identifying, acquiring, and developing mineral exploration and evaluation projects. The company primarily explores for a variety of minerals, including gold, copper, zinc, silver, cobalt, molybdenum, nickel, and platinum group metals. It holds 16 exploration properties located in key mining regions such as the Abitibi Greenstone Belt, the James Bay, Mistassini, and Otish regions of northern Quebec, as well as the Nunavik region and the Athabasca Basin in Saskatchewan. Golden Valley Mines typically conducts initial exploration on grassroots targets in which it holds a 100% interest, after which it seeks partners to fund further exploration. This strategy allows the company to maintain its generative programs while pursuing systematic exploration at other majority-owned projects. Established in 2000, Golden Valley Mines is headquartered in Val-d'Or, Canada.

Cartier Resources

Post in 2010
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.

Cartier Resources

Post in 2009
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.

Lysac Technologies

Venture Round in 2004
Lysac Technologies Inc. is a Canadian company focused on creating advanced consumer-safe and environmentally friendly superabsorbents derived from natural and renewable resources. Its flagship products, known as Safe and Natural Absorbent Polymers (SNAPs), are designed to hold a significant amount of liquid relative to their mass while being hypoallergenic, biodegradable, and food grade. These innovative superabsorbents have versatile applications across various sectors, including personal hygiene products, food pads, disposable medical items, chemical spill management, and telecommunications. By prioritizing sustainability and safety, Lysac Technologies aims to provide solutions that help consumer goods producers minimize their environmental impact.

Sirios Resources

Post in 2004
Sirios Resources Inc. is an exploration company based in Montreal, Canada, focused on the evaluation and discovery of mineral resources, primarily gold and silver deposits. Founded in 1994, the company aims to identify world-class gold and lithium deposits in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over 7,400 acres and is recognized as a significant gold discovery. In addition to Cheechoo, Sirios also holds other projects, including Aquilon, Maskwa, and Li-52, further expanding its exploration efforts in the region.
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