Seymour Ventures Appoints New Director
17 March 2011 - 6:29AM
Marketwired
Seymour Ventures Corp. ("Seymour" or the "Company") (TSX VENTURE:
SEY) is pleased to announce that Robert Chisholm has been appointed
to the Board of Directors of the Company.
Mr. Chisholm is currently the Chief Financial Officer ("CFO")
for Emprise Capital Corporation, a private merchant banking firm,
and serves as a director, and audit committee member of a number of
public companies. Mr. Chisholm is a professional accountant with
over 25 years experience in finance and administration, including
serving as CFO for PNI Digital Media Inc. for more than 7
years.
Mr. Chisholm will continue to serve as a director of the Company
upon completion of the acquisition (the "Acquisition") of Rare
Earth Industries Ltd. (formerly REE Mining Corp.) ("REI") by
Seymour as announced on September 29, 2010.
Completion of the transaction with REI is subject to a number of
conditions, including TSX Venture Exchange acceptance and
disinterested shareholder approval. The transaction cannot close
until the required shareholder approval is obtained. There can be
no assurance that the transaction will be completed as proposed or
at all.
Investors are cautioned that, except as disclosed in the Filing
Statement to be prepared in connection with the transaction with
REI, any information released or received with respect to the
Change of Business may not be accurate or complete and should not
be relied upon. Trading in securities of Seymour Ventures Corp.
should be considered highly speculative.
The TSX Venture Exchange has in no way passed upon the merits of
the proposed transaction with REI and has neither approved nor
disapproved the contents of this press release.
Trading in the common shares of Seymour will remain halted until
certain additional filings are made with the TSX Venture
Exchange.
This news release includes forward-looking statements that are
subject to risks and uncertainties. All statements within, other
than statements of historical fact, are to be considered forward
looking. Although the Company believes the expectations expressed
in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those in forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business conditions.
There can be no assurances that such statements will prove accurate
and, therefore, readers are advised to rely on their own evaluation
of such uncertainties. We do not assume any obligation to update
any forward-looking statements.
Neither the 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.
Contacts: Seymour Ventures Corp. Mr. Craig Goldenberger CEO
+1.866.200.1075 craig.goldenberger@frontier.com
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