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AGPÿÿ1998-05-25 ÿÿ
THE ARCTIC GROUP INC. APPOINTS NEW CHIEF FINANCIAL OFFICER
WINNIPEG, MB--
The Arctic Group Chairman and CEO, Robert Nagy, announced today the
appointment of Mr. Donald Turple as the Company's new Chief Financial
Officer.
A senior operational and financial executive, Mr. Turple has a diverse
background in manufacturing service and distribution environments. He is a
member of the Institute of Chartered Accountants of Ontario with an
international reputation as a strategic business leader and a successful
track record in Finance and General Management. Mr. Turple has proven
technical expertise demonstrated in public companies doing business in both
Canada and the United States.
In a distinguished career, Mr. Turple has held the position of Vice President
and Chief Financial Officer for Acklands Limited, a leading distributor of
automotive components. He has also served as an Executive Vice President and
Chief Operating Officer for Federal Industries, a diversified public company
with operations in the consumer retailing, metal distribution, manufacturing
and land transportation service sectors, and has been employed in the role of
General Manager of the Calgary Sun.
As Canada's largest ice company, The Arctic Group Inc. is committed to
building an internationally recognized ice company by focusing on an
aggressive strategy of growth through acquisition and consolidation of the
ice industry in North America.
For further information, call The Arctic Group Inc. TOLL FREE at
1-888-573-9237
or visit The Arctic Group's Web Site at - arcticgroup.com.
(Signed) On behalf of the Management and the Board of Directors of The Arctic
Group Inc.,
Robert Nagy, Chairman and CEO
The Alberta Stock Exchange has not reviewed and does not approve or
disapprove of the adequacy or accuracy of this release.
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