ThreeD Capital Inc. Announces Departure of CFO
17 Februar 2021 - 11:20PM
ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK /
OTCQB:IDKFF) a Canadian based venture capital firm that invests in
disruptive companies and promising junior resources companies,
regretfully announces that Gerry Feldman CPA, CA, the Company’s
Chief Financial Officer and Corporate Secretary has resigned
effective immediately to pursue other business interests. Mr.
Feldman will be joining the Board of Directors of ThreeD in the
coming weeks.
Mr. Feldman has been
the CFO of the Company since December 2009 and is an integral part
of the senior management team who previously oversaw several
acquisitions and dispositions of the Company’s oil & gas
interests and has been active in the Company’s restructure and
branding as an investment company.
“On behalf of the
ThreeD team, I want to extend our sincere thanks to Gerry for his
valuable leadership and contributions over the 10 plus years with
the Company. Gerry was instrumental in building and enhancing the
standard of our financial control, procedures and reporting,” said
Sheldon Inwentash, Chairman and Chief Executive Officer. “We are
very appreciative of his dedication to the business, his commitment
and friendship and wish him all the best in his future endeavours
and we are delighted he will join our Board.”
“I want to thank the
team at ThreeD and especially Sheldon for the opportunity to be
part of a great company and I look forward to my new role as a
Director,” said Gerry Feldman.
ThreeD has appointed
Lynn Chapman, CPA, CA, as Chief Financial Officer of the Company
upon Mr. Feldman’s departure. Mr. Chapman is a managing director of
Lancaster Capital Advisory Corp. (“Lancaster”), a private business
services company. Mr. Chapman and his Lancaster team provides
business management, accounting, financial reporting and advisory
support to a number of publicly-listed issuers on the TSX, TSX
Venture Exchange, Canadian Stock Exchange, and the NEO Exchange as
well as to non-listed companies. Currently, Mr. Chapman also acts
as the Chief Financial Officer of ROK Resources Inc.
(TSXV:ROK).
About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based
venture capital firm focused on opportunistic investments in
companies in the junior resources and disruptive technologies
sectors. ThreeD’s investment strategy is to invest in
multiple private and public companies across a variety of sectors
globally. ThreeD seeks to invest in early stage, promising
companies where it may be the lead investor and can additionally
provide investees with advisory services and access to the
Company’s ecosystem.
For
further information: |
Jakson
Inwentash |
Vice
President- Investmentsjinwentash@threedcap.com |
Phone:
416-941-8900 ext 107 |
The Canadian Securities Exchange has neither approved nor
disapproved the contents of this news release and accepts no
responsibility for the adequacy or accuracy hereof.
Forward-Looking Statements
This news release contains certain
forward-looking statements and forward-looking information
(collectively referred to herein as "forward-looking statements")
within the meaning of Canadian securities laws including, without
limitation, statements with respect to the future investments by
the Company. All statements other than statements of historical
fact are forward-looking statements. Undue reliance should not be
placed on forward-looking statements, which are inherently
uncertain, are based on estimates and assumptions, and are subject
to known and unknown risks and uncertainties (both general and
specific) that contribute to the possibility that the future events
or circumstances contemplated by the forward-looking statements
will not occur. Although the Company believes that the expectations
reflected in the forward looking statements contained in this press
release, and the assumptions on which such forward-looking
statements are made, are reasonable, there can be no assurance that
such expectations will prove to be correct. Readers are cautioned
not to place undue reliance on forward-looking statements included
in this document, as there can be no assurance that the plans,
intentions or expectations upon which the forward-looking
statements are based will occur. By their nature, forward-looking
statements involve numerous assumptions, known and unknown risks
and uncertainties that contribute to the possibility that the
predictions, forecasts, projections and other forward-looking
statements will not occur, which may cause the Company's actual
performance and results in future periods to differ materially from
any estimates or projections of future performance or results
expressed or implied by such forward-looking statements. The
forward-looking statements contained in this news release are made
as of the date hereof and the Company does not undertake any
obligation to update publicly or to revise any of the included
forward-looking statements, except as required by applicable law.
The forward-looking statements contained herein are expressly
qualified by this cautionary statement.
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