GreenStar Announces Appointment of Conor Bill to Board of Directors
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/01/13 -- GreenStar Agricultural Corporation (TSX VENTURE: GRE) (the "Company"), announced today the appointment of Mr. Conor Bill to the Company's Board of Directors and accepted the resignation of Ms. Huirong Luo from the board effective as of July 31, 2013.
Mr. Bill has been an active participant in the financial services industry for more than 20 years, and is currently President & CEO of Artemis Investment Management, an independent wealth manager overseeing approximately $1 billion in assets. In addition to his experience establishing and building a successful alternative asset manager, Mr. Bill has held senior management roles in both the mergers and acquisitions and wealth management units of a major, chartered bank owned, Canadian investment dealer and has served as a director or officer of numerous TSX listed companies. He currently serves as President and a director of Citadel Income Fund, Energy Income Fund and the Artemis US Capital Appreciation Fund and is a director of Gensource Capital Corp. and several other private companies and funds. Mr. Bill is a regular host on BNN and a frequent guest on CBC, CP24, CTV, 680News and Bloomberg TV. Mr. Bill's appointment is subject to acceptance by the TSX Venture Exchange.
"On behalf of GreenStar shareholders I would like to welcome Conor Bill to the Company's board," said Mr. Guan Lianyun, Chairman of GreenStar, "His extensive background in finance and strong commitment to active and independent corporate governance will be an excellent complement to the GreenStar board."
Mr. Guan Lianyun also commented, "We would like to express our sincere thanks to Ms. Huirong Luo for her contribution to the Company as a director."
Ms. Luo also sold her holdings in the Company including 2,617,051 common shares and 4,019,080 special warrants of the Company. The shares and special warrants were held in and sold from Ms. Luo's holding company, Ally Fast limited, a corporation registered in British Virgin Islands.
About GreenStar Agricultural
GreenStar operates two main divisions, agricultural and food processing. The agricultural division is involved in the cultivation and harvesting of agricultural products such as fresh fruit and vegetables, for sale either directly as fresh fruit and vegetables or canned, and sold overseas and domestically. The food processing division is primarily involved in the processing of canned food, which includes canned tomato paste, canned boiled bamboo shoots, canned oranges, canned peaches and various other types of fruits and vegetables.
GreenStar has been operating for over 19 years. Through the application of science and technology in production, quality control and assurance, and business operations and management, GreenStar has focused on maintaining product and reputational excellence with a high standard of food quality. Key assets include a well established management team, modern production facilities, and a close partnership with local farmers.
GreenStar Agricultural Corp. is listed on the TSX Venture Exchange under the symbol "GRE".
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 news release.
Caution Regarding Forward-Looking Information:
Certain statements in this press release may constitute ''forward looking'' statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.
When used in this press release, such statements may use such words as ''may'', ''will'', ''expect'', ''believe'', ''plan'' and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward looking information in this press release includes the management's belief that Mr. Bill will be an excellent complement to the GreenStar board. These forward looking statements involve a number of risks and uncertainties. Some of the factors that could cause actual results to differ materially from those expressed in or underlying such forward looking statements are the effects of, as well as changes in: international, national and local business and economic conditions; political or economic instability in the Company's markets; competition; legislation and governmental regulation; and accounting policies and practices. The foregoing list of factors is not exhaustive. Please see the Company's annual MD&A dated April 25, 2013, available on , for a more detailed description of the risk factors. The Company undertakes no obligation to update publicly or revise any forward looking information, whether a result of new information, future results or otherwise, except as required by law.
Contacts:
GreenStar Agricultural Corporation
Robert Macdonald
(416) 849-3858
Investor Cubed Inc.
(647) 258-3311 or (888) 258-3323
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Datum: 01.08.2013 - 13:30 Uhr
Sprache: Deutsch
News-ID 283969
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Farming
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