TORONTO, Nov. 3, 2015 /CNW/ - Midpoint Holdings Ltd. (the
"Company") (TSXV: MPT) is pleased to announce the
appointment of Oliver Berkeley to
its board of directors.
Born in the United Kingdom, Mr.
Berkeley obtained a Bachelor of Science at the University College
London and was awarded a University of London Laureate for
achievement and service as an executive sabbatical officer. He
trained as an accountant in the City of
London in Corporate Recovery Services and went on to work
for Banque Indosuez providing commercial project management support
to private off shore investors in London's commercial real estate sector.
Mr. Berkeley is currently the Chief Executive Officer of a
Canadian based real estate development group that also includes a
civil construction business and private utility company. Mr.
Berkeley specializes in providing strategic direction to business
start-ups in highly regulated, multi-jurisdictional markets.
Mr. Berkeley has been working with the Company for a three month
period providing business advice with respect to establishment of a
Canadian subsidiary operation. He has also assisted in raising
capital investment funds in support of the general operation of the
business.
The Company also announces that Craig
Astle has resigned as Chief Financial Officer effective
immediately. The Company would like to thank Mr. Astle for his
contribution and wish him every success in his future endeavours.
The Company is currently seeking a replacement for Mr. Astle.
The Company also announces that Corbin
Comishin will be stepping down as Chair of the Audit
Committee while still remaining on the board of directors.
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that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release and has
neither approved nor disapproved of the contents of this press
release.
This news release contains certain "forward-looking
information" within the meaning of applicable securities law.
Forward looking information is frequently characterized by words
such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate", "may", "will", "would", "potential",
"proposed" and other similar words, or statements that certain
events or conditions "may" or "will" occur. These statements are
only predictions. Forward-looking information is based on the
opinions and estimates of management at the date the information is
provided, and is 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
information. For a description of the risks and uncertainties
facing Midpoint and its business and affairs, readers should refer
to Midpoint's Management's Discussion and Analysis. Midpoint
undertakes no obligation to update forward-looking information if
circumstances or management's estimates or opinions should change,
unless required by law. The reader is cautioned not to place undue
reliance on forward-looking information.
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constitute a violation of U.S. Securities laws.
SOURCE Midpoint Holdings Ltd.
