(October 16 – 12:50 ET) – Online investment bank Digital Gem Corp. has changed its name to Northern Financial Corp. The change of name was approved at the company’s annual shareholders meeting on September 29.

Vic Alboini, president and CEO of NFC commented: “Our new name recognizes our mission through Northern Securities to be Canada’s premier Internet Investment Bank by creating value for growing issuers and investors. As the first investment bank in Canada to have both an online trading business and online public offering business, our clear focused strategy is to continue our growth as a small cap oriented investment bank with a strong Internet distribution system.”

Northern Financial, and its subsidiary Northern Securities Inc., raises capital for small cap companies and provides online trading services at its Web site www.enorthern.com.
-IE Staff