VANCOUVER, BC, April 4,
2023 /CNW/ - Parvis Invest Inc. (TSXV:
PVIS) ("Parvis" or "the Company"), a technology-driven real
estate company focused on broadening access to institutional
quality real estate investment opportunities, today announced
the addition of an independent member, Jeff
McCann, Founder and CEO of APOLLO Insurance, to its Board of
Directors. McCann will fill the seat of outgoing board member
Conan Graham.
As Founder and CEO at APOLLO Insurance, McCann has led the
business to become Canada's
leading online insurance provider and one of the country's
fastest-growing financial technology companies. APOLLO's success
stems from its proprietary platform that connects insurance agents
and customers, speeding up the insurance purchase process. A
seasoned entrepreneur, McCann has paved the way for a new,
customer-focused digital insurance experience, bringing first hand
experience in the financial technology sector to Parvis.
"We are delighted to add Jeff to our Board," stated David Michaud, Chief Executive Officer of
Parvis. "Jeff has deep experience in the fintech and insurtech
space, and an incredible track record launching innovation in a
category needing modernization. We admire his revolutionary
mindset, people-first approach and how he's brought APOLLO to
scale, a fantastic asset for our management team as Parvis pursues
a similar vision."
This appointment comes on the heels of other strategic hires
(Scott Spence as Head of Growth and
Zoe Seguev as Director of Operations
and Compliance) putting Parvis in an excellent position to execute
against its growth strategy. The business is laser focused on
identifying accredited and eligible investors who wish to invest in
high-quality real estate development projects through a
frictionless digital platform while attracting the country's
leading developers to capitalize projects with Parvis.
About the Company
Parvis is a technology-driven real estate investing platform.
Focused on broadening access to institutional quality real estate
investment opportunities, Parvis promotes greater access in this
historically inaccessible and illiquid asset class. Enabled by
blockchain technology, Parvis makes finding, tracking, and
maximizing investments an experience that is both frictionless and
empowering. Parvis, headquartered in Vancouver, employs experts in Toronto, Vancouver, and Montreal. Additional information about
Parvis is available at www.parvisinvest.com and on
SEDAR at www.sedar.com
Cautionary Statement Regarding Forward-Looking
Information
This news release contains "forward-looking information" and
"forward-looking information" within the meaning of applicable
securities laws (collectively, "forward-looking statements")
within the meaning of Canadian securities legislation.
Forward-looking information generally refers to information about
an issuer's business, capital, or operations that is prospective in
nature, and includes future-oriented financial information about
the issuer's prospective financial performance or financial
position. . Forward-looking statements are often identified by the
words "may", "would", "could", "should", "will", "intend", "plan",
"anticipate", "believe", "estimate", "expect" or similar
expressions and includes information regarding: final acceptance of
the Exchange of the Qualifying Transaction and the issuance of the
Final Exchange Bulletin; commencement of trading of the Common
Shares; and the Company's business plans and role in the real
estate industry. To develop the forward-looking information in this
news release, the Company made certain material assumptions,
including but not limited to: prevailing market conditions; general
business, economic, competitive, political and social
uncertainties; delay or failure to receive board, shareholder or
regulatory approvals; and the ability of the Company to execute and
achieve its business objectives. There can be no assurance that
such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Actual results may vary
from the forward-looking information in this news release due to
certain material risk factors. These risk factors include, but are
not limited to: adverse market conditions; changes in general
economic, business and political conditions; changes in applicable
laws and regulations; compliance with extensive government
regulation; reliance on key and qualified personnel; risks
associated with the real estate and technology industries in
general; and the risk factors disclosed under the heading "Risk
Factors" in the Filing Statement. The foregoing list of
material risk factors and assumptions is not exhaustive. The
Company assumes no obligation to update or revise the
forward-looking information in this news release, unless it is
required to do so under Canadian securities legislation.
Neither the Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Investors are cautioned that, except as disclosed in the management
information circular or Filing Statement prepared in connection
with the Qualifying Transaction, any information released or
received with respect to the Qualifying Transaction may not be
accurate or complete and should not be relied upon. Trading in the
securities of the Company should be considered highly
speculative. This news release does not constitute an offer
to sell or the solicitation of an offer to buy any securities in
any jurisdiction.
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SOURCE Parvis Invest Inc.
