The Western Investment Company of Canada Announces CFO Transition
November 10 2017 - 8:30AM
The Western Investment Company of Canada Limited
(“
Western” or the “
Company”) (TSX
Venture:WI) announces the appointment of Stacey Cross as Chief
Financial Officer of Western. This appointment completes a planned
transition to prepare for increased activity from a growing number
of operating business investments. Stacey's appointment is subject
to regulatory approval.
Stacey was appointed as Western’s Controller
earlier this year, having served prior as controller at
GlassMasters. She is a CPA, CA with 13 years of public and private
accounting experience, including 5 years with a national accounting
firm.
Board member Rick Moore served as CFO during the
founding phase of Western, and has worked with Stacey to prepare
for a smooth transition. With this process complete, Rick has
decided that in addition to relinquishing that role, now would be
an appropriate time for him to resign from the Board. Western CEO
Scott Tannas commented: “We at Western are pleased to have Stacey
as CFO at Western as we move toward the next stage of growth and
development as a company. We are also grateful to Rick for his
strong leadership in the founding and building of our young
company. We accept his resignation from our Board with regret. His
skills and perspective will be missed.”
About Western
(www.winv.ca)
Our purpose is to create long-term wealth for
shareholders by building and maintaining a portfolio of strong,
stable, and profitable Western-based companies and help them to
grow.
CONTACT INFORMATIONThe Western Investment
Company of Canada Limited Scott Tannas President and Chief
Executive Officer (403) 652-2663 stannas@winv.ca
AdvisoryThis news release may contain certain
forward-looking information and statements, including without
limitation, statements pertaining to the receipt of regulatory
approval for the appointment of the Chief Financial Officer.
Statements containing the words: 'believes', 'intends', 'expects',
'plans', 'seeks' and 'anticipates' and any other words of similar
meaning are forward-looking. All statements included herein involve
various risks and uncertainties because they relate to future
events and circumstances beyond Western's control. There can be no
assurance that such information will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such information. A description of assumptions used
to develop such forward-looking information and a description of
risk factors that may cause actual results to differ materially
from forward-looking information can be found in Western's
disclosure documents on the SEDAR website at www.sedar.com. Any
forward-looking statements are made as of the date of this news
release and Western does not undertake to update any
forward-looking information except in accordance with applicable
securities laws.
Neither the TSX Venture 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.
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