GMP Capital completed the acquisition of remaining stake in Richardson GMP.

GMP Capital has completed the transaction to consolidate 100% ownership of Richardson GMP for a purchase price of 1.76 common shares of GMP. "This milestone was several years in the making and marks an exciting new era at both GMP and Richardson GMP. Having received a clear mandate from our shareholders, we will now shift our attention and resources exclusively on becoming a dominant leader in the wealth management industry," Kish Kapoor, GMP Capital President and Chief Executive Officer.