News: Niagara Ventures Announces Executive and Board Changes Date:
June 22, 2015 Niagara Ventures announces Executive and Board changes as it continues its growth and advancement of its strategic vision In December 2014 Niagara Ventures Corporation (NVC) completed its Qualifying Transaction with the acquisition of Blu-Dot Beverages. NVC is now an operating business focused on growth and success in the healthy and/or better for you consumer beverage and food business. To strengthen its financial leadership, NVC today announces the appointment of John Ross as Chief Financial Officer (CFO), effective June 22nd 2015. Mr. Ross has extensive financial operational expertise as well as public company experience, particularly focused on emerging growth stage businesses. As CFO he will report to Ron McEachern (NVC’s CEO) and also be active in the key financial and operating activities for NVC’s subsidiary Blu-Dot working closely with the Blu-Dot CEO. John will succeed Scott Anderson who served as the NVC CFO during the non-operating stage of NVC as a CPC (Capital Pool Company). Mr. Anderson will remain as an active Director of NVC and will now become an independent member of the board. “John Ross is an accomplished executive with significant financial and operations expertise, including as a CFO, and will be an exceptional addition to our team. “said Ron McEachern, Director and NVC CEO. Jeffrey Mores has resigned as the Chair of the Audit Committee and is to be replaced by Scott Anderson. As well, NVC regrettably announces the resignation of Stacey Mowbray as an independent Director, effective June 22nd 2015. Ms. Mowbray resigned in order to focus her attention on her expanding role as President of Weight Watchers Canada and South America that requires extensive time commitments and travel. The NVC Board sincerely thanks Ms. Mowbray for her service and wishes her well in her future endeavours.
About Niagara Ventures Corporation Niagara Ventures Corporation is a North American consumer packaged goods company focused on healthy and/or better-for-you beverage and foods. Niagara believes that by acquiring and building a portfolio of on-trend brands, that operational and brand synergies will enable investee companies the opportunity to grow smarter, faster, more profitably, and with the right risk profile. FORWARD LOOKING STATEMENTS Except for statements of historical fact relating to the Corporation, certain information contained herein may constitute forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on any forward-looking statements. FOR FURTHER INFORMATION, PLEASE CONTACT: Jeffrey Mores, NVC Director: 416.560.9139 or Jeff@jeffmores.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release. |
