Leisure Canada Inc. Appoints New Director and Chair of the Audit Committee
16 February 2011 - 7:46AM
Marketwired
Leisure Canada Inc. (TSX VENTURE: LCN) (the "Company"), a Canadian
corporation with three large-scale luxury real estate projects
under development in Cuba, announces the appointment of Ronald
Singer, FCA as Director and Chair of the Audit Committee.
"On behalf of Leisure Canada and its Board of Directors, we are
pleased to welcome Mr. Singer to our Board," said Ned Goodman,
Chairman of the Company's Board of Directors.
The Board now consists of Ned Goodman as Chairman, Robin Conners
as President and CEO, Brahm Gelfand, David Oliver and Ronald
Singer.
About Leisure Canada Inc.
Leisure Canada Inc. is a publicly traded company, incorporated
under the laws of Ontario and listed on the TSX Venture Exchange
under the symbol "LCN". The Company is engaged in the business of
developing hotel, resort and commercial properties in Cuba through
its wholly-owned subsidiary, Wilton Properties Ltd. ("Wilton"), in
joint venture with Grupo Hotelero Gran Caribe S.A. ("Gran Caribe"),
an agency of the Cuban government.
For further information on the Company please visit our website
at www.leisurecanada.com. The Company's public filings, including
its most recent audited consolidated financial statements, can be
reviewed on the SEDAR website (www.sedar.com).
This news release may contain forward-looking statements and
information within the meaning of applicable securities
legislation. These forward-looking statements reflect management's
current expectations, estimates, projections, beliefs and
assumptions that were made using information currently available to
management. In some cases, forward-looking statements can be
identified by terminology such as "may," "will," "expect," "plan,"
"anticipate," "believe," "intend," "estimate," "predict,"
"forecast," "outlook," "potential," "continue," "should," "likely,"
or the negative of these terms or other comparable terminology.
Although management believes that the anticipated future results,
performance or achievements expressed or implied by the
forward-looking statements and information are based upon
reasonable assumptions and expectations, the reader should not
place undue reliance on forward-looking statements and information
because they involve assumptions, known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from anticipated future results, performance or achievements
expressed or implied by such forward-looking statements and
information.
On Behalf of the Board of Directors
Robin Conners, President and CEO
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy and
accuracy of this release.
Contacts: Marcovitch Public Relations: 416-963-3222
prgroup@marcovitchpr.ca info@leisurecanada.com
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