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Atuqtuarvik Corporation Approves Loan To Leelie Enterprise Ltd
December 6, 2001

The Chair of Atuqtuarvik Corporation, Mr. John M. Hickes, has announced the approval of a loan by Atuqtuarvik Corporation to Leelie Enterprise Ltd. of Qikiqtarjuaq, Nunavut.

Leslie Nukiwuak, President of Leelie Enterprise Ltd. says, ?the loan greatly assisted our company to expand its current business to new premises. We can now offer the community a retail outlet where they can acquire their required hunting supplies, in addition to our current services which include the marketing of our local Inuit art.?

Leelie Enterprise Ltd. offers services in the importing, exporting, consulting, outfitting, gift wholesale/retail business and, with the move to their new waterfront premises, the addition of hunting & fishing supplies. The new shop will be known as Leelie?s Armory, Hunters? & Souvenir Shop, and is a welcomed addition to the community of approximately 500 residents.

Atuqtuarvik Corporation provides loans and investments to Inuit owned businesses creating benefits for Inuit. Loans and investments from $100,000 to $3 million are available for commercially viable Inuit-owned business projects that include start-ups, acquisitions and expansions in all sectors of the economy.

For further information, please contact:

Atuqtuarvik Corporation   Atuqtuarvik Corporation
John M. Hickes
Chairperson
Tel: (867) 645-2650
Fax: (867) 645-2640
  K.J. (Ken) Toner
President and Chief Executive Officer
Tel: (867) 645-2784
Fax: (867) 645-2786
Further Contact Information    
Copyright 2006-2008 Atuqtuarvik Corporation

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