GreenStar Appoints Michael Newman as Executive Chairman
04 Fevereiro 2014 - 4:26PM
Marketwired
GreenStar Appoints Michael Newman as Executive Chairman
TORONTO, ONTARIO--(Marketwired - Feb 4, 2014) - GreenStar
Agricultural Corporation (TSX-VENTURE:GRE) ("GreenStar" or the
"Corporation"), a producer of canned tomato paste, canned peaches,
mandarin oranges and grapes, and a supplier of fresh mandarin
oranges, young bamboo shoots and mature bamboo, is pleased to
announce the appointment of G. Michael Newman to the position of
Executive Chairman of the Board of Directors, effective
immediately. Mr. Newman's main role, aside from co-chairing the
Corporation's Board of Directors, will be overseeing the
Corporation's proposed expansion into North America, interaction
with GreenStar's PRC based Chairman, CEO and management, and
liaising with Canadian stakeholders.
Mr. Newman, who has been the lead director of GreenStar since
2011, brings to his new position thirty-five years of public
markets background and experience, as an officer and/or director of
a number of TSX and TSX.V listed companies. He is the founder, and
from 1999 to 2009 was the President and CEO of InterRent Real
Estate Investment Trust, and also served on the Board of Director
of the SKOR Food Group Inc., from 1997 until its acquisition by
Colabor Group Inc., in 2012. Commenting on the appointment, Mr.
Guan Lianyun, GreenStar's Chairman and CEO, stated, "We are pleased
that Mr. Newman has accepted this appointment, and look forward to
working with him to accomplish GreenStar's goal of becoming a major
global company in the agricultural and food industry."
GreenStar also announced the appointment of Mr. Conor Bill to
the Corporation's Audit Committee, replacing Mr. Newman. As a
result, GreenStar now has a totally independent Audit Committee.
Mr. Bill is the CEO of Artemis Wealth.
About GreenStar Agricultural Corporation
GreenStar operates two main divisions, agricultural and food
processing. The agricultural division is involved in the
cultivation and harvesting of agricultural products such as fresh
fruit and vegetables, for sale either directly as fresh fruit and
vegetables or canned, and sold overseas and domestically. The food
processing division is primarily involved in the processing of
canned food, which includes canned tomato paste, canned boiled
bamboo shoots, canned oranges, canned peaches and various other
types of fruits and vegetables.
GreenStar has been operating for over 19 years. Through the
application of science and technology in production, quality
control and assurance, and business operations and management,
GreenStar has focused on maintaining product and reputational
excellence with a high standard of food quality. Key assets include
a well established management team, modern production facilities,
and a close partnership with local farmers.
GreenStar Agricultural Corp. is listed on the TSX Venture
Exchange under the symbol "GRE".
For further information on GreenStar please visit our web site
at www.greenstaragricultural.com.
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 news release.
Caution Regarding Forward-Looking Information:
Certain statements in this press release may constitute
"forward looking" statements which involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the
Corporation to be materially different from any future results,
performance or achievements expressed or implied by such forward
looking statements. When used in this press release, such
statements may use such words as "may",
"will", "expect",
"believe", "plan" and other
similar terminology. These statements reflect management's current
expectations regarding future events and operating performance and
speak only as of the date of this press release. Forward looking
information in this press release includes managements plan to
expand to North America and to become a major global company in the
agricultural and food industry. These forward looking statements
involve a number of risks and uncertainties. Some of the factors
that could cause actual results to differ materially from those
expressed in or underlying such forward looking statements are the
effects of, as well as changes in: international, national and
local business and economic conditions; political or economic
instability in the Corporation's markets; competition; legislation
and governmental regulation; and accounting policies and practices.
The foregoing list of factors is not exhaustive. Please see the
Corporation's annual MD&A dated April 25, 2013, available on
www.sedar.com, for a more detailed description of the risk
factors. The Corporation undertakes no obligation to update
publicly or revise any forward looking information, whether a
result of new information, future results or otherwise, except as
required by law.
GreenStar Agricultural CorporationRobert Macdonald(416) 849
3858rgam36@gmail.comwww.greenstaragricultural.comInvestor Cubed
Inc.(647) 258-3311 or (888) 258-3323info@investor3.ca
Greenstar Agricultural Corp (TSXV:GRE)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Greenstar Agricultural Corp (TSXV:GRE)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024