Vancouver, British Columbia--(Newsfile Corp. - December 19, 2014) - Gstaad Capital Corp. (TSXV: GTD.H) (the "Company") is pleased to provide an update on the results from its annual general meeting of shareholders held on Tuesday, December 16, 2014. At the meeting, the shareholders elected one new member to the Company's board of directors. The shareholders also re-appointed the current auditors, Crowe Mackay LLP, Chartered Accountants.
Election of Directors
At the meeting, the Company's shareholders elected five directors, including the following new director:
Joseph Martin
Mr. Martin brings over 30 years of experience in business administration. Since 1990, he has overlapped a full-time professional soccer coaching career with the Vancouver Whitecaps with an active management role in the New Dawn Group, an investment and financial consulting firm located in Vancouver, British Columbia. Mr. Martin holds MBA modules in Accounting and Business Management from the Heriot-Watt University at the Edinburgh Business School. He currently does not serve on the board of any public company.
The Company's Board of Directors is now comprised of Paul Larkin, Philip Pincus, Robert Falls, William Wright and Joseph Martin.
Change in Chief Financial Officer/Confirmation of Officers
The Board of Directors also announces that Mr. Philip Pincus has resigned as Chief Financial Officer of the Company in order to devote more time to other business interests. Mr. Pincus will remain as a director of the Company. The Board thanks Mr. Pincus for his service as Chief Financial Officer and contribution to the Company.
Mr. Jonathan Younie has assumed Mr. Pincus' role as Chief Financial Officer of the Company.
Since 2006, Mr. Younie has been the Manager, Corporate Finance and Accounting, of the New Dawn Group, an investment and financial consulting firm located in Vancouver, British Columbia, and a Director and/or Officer of various TSX Venture Exchange listed companies. New Dawn is primarily involved in corporate finance, merchant banking and administrative management of public companies. Prior to joining New Dawn, Mr. Younie held accounting positions at private and public companies including Ashton Mining of Canada, Inc. He currently serves as the Chief Financial Officer of Tyner Resources Ltd. and Controller of Condor Resources Inc.
The Board welcomes Mr. Younie in his role as Chief Financial Officer to the Company.
The Officers of the Company are confirmed as follows:
| President and Chief Executive Officer: | Paul Larkin |
| Chief Financial Officer: | Jonathan Younie |
| Corporate Secretary: | Erin Walmesley |
On behalf of Gstaad Capital Corp.
Paul Larkin
President and Chief Executive Officer
| Contact Information: | Paul Larkin |
| E-mail: plarkin@pro.net | |
| Phone: 604 687 7767 | |
| Fax: 604 688 9895 |
Neither 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.
