TORONTO, Jan. 7, 2021 /CNW/ - Hope Well Capital
Corp.* ("HWCC") (TSXV: HOPE.P), a capital pool company,
announced today that Bill Hong Ye
has resigned from the board of directors and from the HWCC CEO and
CFO positions to focus on other opportunities. Subsequent to his
resignation the board of directors now consists of Sheldon Kales, Pei Wei
Ni and Judith Hong Wilkin,
and subject to approval of the TSX Venture Exchange (the
"Exchange"), Sheldon Kales
will take the roles of CEO and CFO of HWCC, as well as the role of
Secretary of HWCC replacing Judith Hong
Wilkin. HWCC's audit committee has also been
reconstituted to be comprised of Sheldon
Kales, Pei Wei Ni and
Judith Hong Wilkin.
About HWCC
HWCC, a capital pool company within the meaning of the policies
of the Exchange, was incorporated on December 1, 2016 and was listed on the Exchange
on May 9, 2017. HWCC does not have
any operations and has no assets other than cash. HWCC's business
is to identify and evaluate businesses and assets with a view to
completing a Qualifying Transaction under the policies of the
Exchange.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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*
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Hope Well Capital
Corp. is in no way affiliated with or related to Hopewell Capital
Corporation, a separate pre-existing business purportedly engaged
in the field of venture capital across Canada, or the Hopewell
Group of Companies' multi-faceted real estate and logistics
group
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SOURCE Hope Well Capital Corp.