Toronto, Ontario--(Newsfile Corp. - December 20, 2012) - Verdant Financial Partners I, Inc. ("Verdant") (TSXV: VFI.H) has been advised by the TSX Venture Exchange that trading in the Company's shares are scheduled to be reinstated effective the opening Friday, December 21, 2012.
Verdant is pleased to announce the appointment of two Directors.
Steven Vasil has held various senior executive positions including Founder and Publisher of the Gold Book Telephone Directory, VP Sales of The Kelsey Group, Founder of Local Sports Media Inc., and Managing Partner of Local Media Ventures.
Peter Marson is a Certified General Accountant (CGA) with experience working in the auto parts industry as Director of Finance for a TMX and Nasdaq listed company, and as the CFO for a logistics company carrying freight primarily for the auto parts industry. During the last four years Peter has been working as a financial consultant with different high technology companies in the GTA and Golden Triangle Area. His most recent position was the VP Finance for a data services company using satellite technology to locate ships at sea.
The Company is currently interviewing a fifth Director and will announce appointment when finalized. The current Directors are Tom Wallace, David Jones, Steven Vasil and Peter Marson.
About Verdant Financial Partners I Inc.
Verdant Financial Partners I Inc. is the first in a planned series of CPCs focused on generating superior shareholder returns through the creation of unique CPCs.
For further information, please contact:
Tom Wallace, CA, CPA
Chief Executive Officer and Chief Financial Officer
Verdant Financial Partners I Inc.
T: (647) 262-9255
wallace194@sympatico.ca
COMPLETION OF THE QUALIFYING TRANSACTION IS SUBJECT TO A NUMBER OF CONDITIONS, INCLUDING BUT NOT LIMITED TO, EXCHANGE ACCEPTANCE AND IF APPLICABLE PURSUANT TO EXCHANGE REQUIREMENTS, MAJORITY OF THE MINORITY SHAREHOLDER APPROVAL. WHERE APPLICABLE, THE TRANSACTION CANNOT CLOSE UNTIL THE REQUIRED SHAREHOLDER APPROVAL IS OBTAINED. THERE CAN BE NO ASSURANCE THAT THE TRANSACTION WILL BE COMPLETED AS PROPOSED OR AT ALL.
INVESTORS ARE CAUTIONED THAT, EXCEPT AS DISCLOSED IN THE MANAGEMENT INFORMATION CIRCULAR OR FILING STATEMENT TO BE PREPARED IN CONNECTION WITH THE TRANSACTION, ANY INFORMATION RELEASED OR RECEIVED WITH RESPECT TO THE TRANSACTION MAY NOT BE ACCURATE OR COMPLETE AND SHOULD NOT BE RELIED UPON. TRADING IN THE SECURITIES OF A CAPITAL POOL COMPANY SHOULD BE CONSIDERED HIGHLY SPECULATIVE.
THE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE PROPOSED TRANSACTION AND HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. NEITHER THE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Source: Axis Auto Finance Inc.