Till Capital Appoints Brian P. Lupien as CFO, and Weiying (“Mary”) Zhu as Treasurer
March 17 2016 - 10:14AM
Till Capital Ltd. (NASDAQ:TIL) (TSX.V:TIL) (the
“
Company” or “
Till”), a Bermuda
domiciled company, announces the appointment of Brian P. Lupien as
Chief Financial Officer and Weiying (“Mary”) Zhu as Treasurer of
the Company, effective immediately.
Mr. Lupien has been with the Company and served as Treasurer
since April of 2014. A Certified Public Accountant, Mr.
Lupien has experience in accounting and reporting responsibilities
for a private investment fund and has worked as an audit manager
for a variety of clients across multiple industries. A graduate of
the University of California at Davis, Mr. Lupien earned his
Bachelor of Science degree in 1995 majoring in Managerial Economics
and gained his Certified Public Accountant designation in 2000 and
is a member of the American Institute of Certified Public
Accountants. Mr. Lupien resides with his family in
Coeur d’Alene, ID.
Ms. Zhu has been with the Company and served as Controller since
April of 2015. Ms. Zhu will continue to serve as Controller as well
as to serve as Treasurer. Ms. Zhu is a Certified Public Accountant
(CPA) (since 1996) and Certified Treasury Professional (CTP) (since
2003) with over 20 years of experience in accounting and finance.
Prior to joining Till, she served in various accounting and finance
positions at Hecla Mining Company (1996 – 2015), a $1 billion
market cap NYSE-listed precious metals mining company, of which 10
years was as Treasury Manager. Ms. Zhu holds a master’s degree in
accounting and a bachelor’s degree in International Finance. Ms.
Zhu resides with her family in Liberty Lake, WA.
Reported by:
John T. Rickard Director and Interim Chief Executive
Officer
(208) 635-5415
Till Capital Ltd.
Till Capital Ltd. is a Bermuda-domiciled company with two
wholly-owned subsidiaries, Omega Insurance Holdings Inc. and
Resource Re Ltd. Omega Insurance Holdings Inc. owns Omega
General Insurance Company, a Canadian insurance company offering
innovative and customized insurance industry solutions, including
fronting and run-off services for insurers/reinsurers, within the
Canadian marketplace. Omega Insurance Holdings Inc. also
operates Focus Group Inc., a consulting and project management
company servicing the local and international needs of its Property
Casualty Insurance clients. Resource Re Ltd. is a Bermuda-domiciled
reinsurance company regulated by the Bermuda Monetary Authority
with a Class 3A insurance license directed to underwrite
reinsurance policies within a long term investment strategy.
Through its regulated subsidiaries, the Company has been structured
to produce underwriting profits as well as above average returns on
assets under management.
For additional information:
Till Capital Ltd.Monique
Hayes (208) 699-6097info@tillcap.com
www.tillcap.com
Cautionary NoteAt this time, the Company has no
current plans to provide earnings guidance due to the volatility of
investment returns.
The Till Capital shares are restricted voting
shares, whereby no single shareholder of Till Capital is able to
exercise voting rights for more than 9.9% of the voting rights of
the total issued and outstanding Till Capital shares (the
“9.9% Restriction”). However, if any one
shareholder of Till Capital beneficially owns, or exercises control
or direction over, more than 50% of the issued and outstanding Till
Capital shares, the 9.9% Restriction will cease to apply to the
Till Capital shares.
This news release shall not constitute an offer
to sell or a solicitation of an offer to buy any securities of Till
Capital or any other securities, and shall not constitute an offer,
solicitation or sale in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful. Trading in the
securities of Till Capital should be considered speculative.
Neither the TSX Venture Exchange nor its
Regulatory Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) nor the Bermuda Monetary
Authority accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Statement Regarding Forward
Looking InformationExcept for statements of historical
fact, this news release contains certain “forward-looking
information” within the meaning of applicable securities laws.
These forward-looking statements are intended to qualify for the
safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995, and generally can be identified by
phrases such as “plan”, “except”, “project”, “intend”, “believe”,
“anticipate”, “estimate”, “will”, “could” and other similar words,
or statements that certain events or conditions “may” occur.
Such forward-looking statements are subject to risks
and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. These and all subsequent written and oral
forward-looking information are based on estimates and opinions of
management on the dates they are made and are expressly qualified
in their entirety by this notice. Except as required by law, Till
Capital assumes no obligation to update forward-looking information
should circumstances or management’s estimates or opinions
change.
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