TORONTO, Jan. 11, 2019 /CNW/ - Victory Capital Corp.
(the "Company" or "Victory") (TSXV: VIC.P), a capital
pool company that is engaged in the identification and evaluation
of assets or businesses with a view to completing a qualifying
transaction, announced today the appointment of Mike Marrandino to the Company's Board of
Directors.
Mr. Marrandino is an experienced C-suite business consultant
that brings over 30 years of experience in the management
consulting industry. Mr. Marrandino's expertise includes business
planning, corporate development, mergers & acquisitions and
start-ups. He currently serves as President, CEO and Director of
MLI Marble Lending Inc., a private fintech consumer lending
company. In addition, Mr. Marrandino is an Independent Director of
Global Daily Fantasy Sports Inc., a publicly-traded company on the
TSX Venture Exchange, and President and Director of Intrinsic4D, a
NEX listed company.
"I look forward to working alongside the Company's talented
directors and leveraging my experience in the management consulting
field to provide key insights into building the future of the
Company", said Mr. Marrandino.
The appointment of Mr. Marrandino remains subject to review and
approval by the TSX Venture Exchange.
About Victory Capital Corp.
Victory was incorporated on November 6,
2009 pursuant to the Business Corporation Act (Ontario) and is classified as a Capital Pool
Corporation as defined in Policy 2.4 of the TSX Venture Exchange
Inc. Corporate Finance Manual. For more information, contact
Chris Frostad, Chief Executive
Officer, Victory Capital Corp. at
cfrostad@purepoint.ca
Forward-Looking Statements
This news release contains certain statements that may
constitute forward-looking information under applicable securities
laws. All statements, other than those of historical fact, which
address activities, events, outcomes, results, developments,
performance or achievements that Victory anticipates or expects may
or will occur in the future (in whole or in part) should be
considered forward-looking information. Such information may
involve, but is not limited to, comments with respect to
strategies, expectations, planned operations and future actions of
the Company. Often, but not always, forward-looking information can
be identified by the use of words such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes" or variations (including
negative variations) of such words and phrases, or statements
formed in the future tense or indicating that certain actions,
events or results "may", "could", "would", "might" or "will" (or
other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating
plans, strategies or beliefs as of the date of this news release,
but involve known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, performance or
achievements of Victory to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking information. Such factors may be based on
information currently available to Victory, including information
obtained from third-party industry analysts and other third-party
sources, and are based on management's current expectations or
beliefs regarding future growth, results of operations, future
capital (including the amount, nature and sources of funding
thereof) and expenditures. Any and all forward-looking information
contained in this press release is expressly qualified by this
cautionary statement.
Investors are cautioned that, except as disclosed in the
Filing Statement any information released or received with respect
to the reverse take-over may not be accurate or complete and should
not be relied upon. Trading in the securities of the Corporation
should be considered highly speculative.
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.
The securities of the Corporation have not been and will not
be registered under the United States Securities Act of 1933, as
amended and may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful.
SOURCE Victory Capital Corp.