CALGARY,
June 26, 2017 /CNW/ - Mosaic Capital
Corporation ("Mosaic"), ("the Company") (TSX-V
Symbols: M and
M.DB) announced today
that it has appointed Monty
Balderston as Mosaic's Chief Financial Officer. Mr.
Balderston is a CPA, CA and joins Mosaic with a 20-year track
record of progressively senior finance and accounting roles
including Chief Financial Officer at Peak Energy Services Ltd. and
Northern Frontier Corp.
"I am pleased to welcome Monty to the Mosaic team as we
continue to grow and diversify our private equity portfolio," said
Mark Gardhouse, Chief Executive
Officer. "Monty's skill set includes senior financial
decision making as well as capital markets and mid-market
acquisition experience and we look forward to his support in the
future growth and success of Mosaic."
Allan Fowler resigned as
Chief Financial Officer of Mosaic to pursue other opportunities.
Mosaic would like to thank Mr. Fowler for his leadership and
contributions during his tenure and wish him all the best in the
future. He leaves us with an experienced finance team
in place that will help ensure a seamless CFO transition.
ABOUT MOSAIC CAPITAL CORPORATION
Mosaic is a Canadian investment company that owns a
portfolio of established businesses which span a diverse range of
industries and geographies. Mosaic's strategy is to create
long-term value for its shareholders through accretive
acquisitions, long-term portfolio ownership, sustained cash flows
and organic portfolio growth. Mosaic achieves its objectives by
maintaining financial discipline, acquiring businesses at
attractive valuations, performing extensive acquisition due
diligence, utilizing optimal transaction structuring and working
closely with subsidiary businesses after acquisition.
Neither the 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.
SOURCE Mosaic Capital Corporation