Jade Power Announces Director Appointment
August 13 2024 - 5:00PM
Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.H) is
pleased to announce the appointment of an independent director,
Christopher MacIntyre, to the Jade Power Board of Directors
effective immediately.
Chris is President of CRM Global Capital Inc., a
merchant banking firm that provides corporate strategy, financial,
and capital markets solutions to companies focused on finding and
executing opportunities that support the process of urbanization
around the world. Chris also serves as Chairman of Pinnacle Iron
& Steel, the sole owner of TT Iron and Steel which acquired
the Point Lisas Iron and Steel Mill from ArcelorMittal in
2024. He is also Vice President, Corporate Development of Lara
Exploration Ltd. (TSXV: LRA), a mineral exploration company in
South America, with a focus on discovering economic deposits
capable of surviving all cycles. Previously, Chris was Vice
President, Corporate Development at Reservoir Minerals Inc. (TSXV:
RMC), prior to its sale to Nevsun Resources (TSX: NSU) for over
$500 Million USD.
David Barclay, Chief Executive Officer stated
“We are thrilled to welcome Chris to the board. His proven
experience in corporate development and project finance will be
most advantageous in the execution of Jade Power’s business
strategy. We look forward to the value his appointment will bring
to the Company and its shareholders.”
For further information please contact:
David BarclayChief Executive Officer+1
954-895-7217david.barclay@bellsouth.net
About Jade
Power
The Trust, through its direct and indirect
subsidiaries in Canada, the Netherlands and Romania, was formed to
acquire interests in renewable energy assets in Romania, other
countries in Europe and abroad that can provide stable cash flow to
the Trust and a suitable risk-adjusted return on investment. All
material information about the Trust may be found under Jade
Power’s issuer profile at www.sedarplus.ca.
Forward-Looking
Statements
Statements in this press release contain
forward-looking information. Such forward-looking information may
be identified by words such as “anticipates”, “plans”, “proposes”,
“estimates”, “intends”, “expects”, “believes”, “may” and “will”.
The forward-looking statements are founded on the basis of
expectations and assumptions made by the Trust. Details of the risk
factors relating to Jade Power and its business are discussed under
the heading “Business Risks and Uncertainties” in the Trust’s
annual Management’s Discussion & Analysis for the year ended
December 31, 2023, a copy of which is available on Jade Power’s
SEDAR+ profile at www.sedarplus.ca. Most of these factors are
outside the control of the Trust. Investors are cautioned not to
put undue reliance on forward-looking information. These statements
speak only as of the date of this press release. Except as
otherwise required by applicable securities statutes or regulation,
Jade Power expressly disclaims any intent or obligation to update
publicly forward-looking information, whether as a result of new
information, future events or otherwise.
Neither the TSXV nor its regulation
services provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this
release.
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