NexGen Financial Corporation announces Appointment of New Directors
13 März 2012 - 9:40PM
PR Newswire (Canada)
TORONTO, March 13, 2012 /CNW/ - NexGen Financial Corporation
("NexGen" or the "Corporation") is pleased to announce the
appointment of Mr. Lionel Robins and Mr. Eric Beutel to the board
of directors of the Corporation effective March 13, 2012. Mr.
Robins is currently President of Lionel Robins Management Limited,
a private investment firm and has been actively involved in the
development and management of several real estate ventures over the
past 25 years. Prior to that, Mr. Robins spent 25 years in
the retail world, including as President of Fairweather and of
Dylex Ltd. Mr. Robins has devoted time and energy to many
philanthropic causes, raising millions of dollars over the years to
help those in need. An active member of the community, Lionel
has served on the Board of Directors of The Princess Margaret
Hospital Foundation for ten years as well as four years as Chairman
of the Foundation. He is a past board member of the
Betel Centre for Geriatric Care. He is also on the Board
of Governors of Mount Sinai Hospital, the Board of Governors for
Baycrest Centre for Geriatric Care and is a member of the executive
group of the UJA Federation. Mr. Beutel is currently Vice-President
of Oakwest Corporation Limited, a private investment holding
company. Mr. Beutel is also currently a director and chairman
of the investment committee of the Equitable Trust Company. "We
welcome both Mr. Robins and Mr. Beutel to the NexGen Board.
Both are seasoned executives as well as being significant investors
in the firm. We look forward to their contribution." said
Laurie Munro, President and Chief Executive Officer. About NexGen
Financial NexGen Financial Corporation is a mutual fund company and
was founded to develop value added investment solutions for
financial advisors and their clients. The firm is focused on the
creation of innovative investment products and services that meet
the needs of Canadians seeking more tax efficient investment
opportunities and greater control over the tax treatment of their
investments. Managed by strong investment professionals, NexGen's
unique Registered and Tax-Managed Fund offerings are well
positioned as attractive investment opportunities for Canadians
looking to alleviate the tax costs associated with traditional
investment solutions. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release. Forward Looking Statements
This release may contain "forward-looking statements" which reflect
the current expectations of the Company. These statements reflect
management's current beliefs with respect to future events and are
based on information currently available to management.
Forward-looking statements involve significant known and unknown
risks, uncertainties and assumptions. Many factors could cause
actual results, performance or achievements to be materially
different from any future results, performance or achievements that
may be expressed or implied by such forward-looking statements
including, without limitation, those listed under the heading "Risk
Factors" in the Company's Management Discussion and Analysis, which
is available the Company's website and on SEDAR at www.sedar.com.
Should one or more of these risks or uncertainties materialize, or
should assumptions underlying the forward-looking statements prove
incorrect, actual results, performance or achievements could vary
materially from those expressed or implied by the forward-looking
statements contained in this release. Although the forward-looking
statements contained in this release are based upon what the
Company believes to be reasonable assumptions, the Company cannot
assure investors that actual results, performance or achievements
will be consistent with these forward-looking statements. These
forward-looking statements are made as of the date of this release
and the Company does not assume any obligation to update or revise
them to reflect new events or circumstances. NexGen Financial
Corporation CONTACT: Laurie Munro, President & CEONexGen
Financial Corporation416.775.3705lmunro@nexgenfinancial.ca
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