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RICHMOND HILL, Ontario, May 27, 2021 (GLOBE NEWSWIRE) – Canso Select Opportunities Corporation (TSX Venture: CSOC.A, CSOC.B) (the “Company” or “CSOC”) is pleased to announce the following management changes.
Effective immediately, Mr. Brian Carney is stepping down as President and CEO of the Company in order to spend more time in his portfolio management role within the Canso group of companies. He will continue to exercise his functions as a non-executive director.
The Board of Directors has appointed Mr. Timothy Hicks as President and CEO of CSOC. Tim joined Canso Investment Counsel Ltd. (Canso), the portfolio management division within the Canso group of companies, in 2009, as portfolio manager. Prior to joining Canso, Tim spent 15 years at Russell Investments in various investment roles, including CIO at Russell Canada, and most recently as Director, North American Equities at Russell Investments in the United States. Tim will also join the company’s investment committee.
Ms. Heather Mason-Wood is appointed Chairman of the Board of the Company. Heather joined Canso in 2003 as a portfolio manager after a career in commercial and commercial banking and currently serves as chief strategy and operations officer. Heather has held various executive positions at Canso as well as board positions for not-for-profit entities.
The addition of Heather as President and Tim as President and CEO strengthens CSOC’s already well-established leadership team.
We look forward to working with Tim, Heather and Brian to execute CSOC’s mission of creating long-term value for our shareholders.
CSOC is a publicly traded investment company whose objective is to maximize long-term total return for shareholders by investing in an actively managed portfolio composed primarily of Canadian and global securities which may include significant illiquid positions in equities. private and public, debt securities, loans, real estate and infrastructure.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed on the merits of the proposed transactions and no of the above entities did not approve or disapprove the content. of this press release.
Further information on the Company is available on the Company’s website at www.selectopportunitiescorporation.com
For more information, please contact:
Timothy Hicks, CEO
Canso Select Opportunities Corporation
Telephone: (647) 956-6264
Email: [email protected]
This press release contains forward-looking statements and information within the meaning of applicable securities legislation. Forward-looking statements may be identified by the words “seeks”, “expects”, “believes”, “believes”, “will”, “target” and similar expressions. Forward-looking statements reflect CSOC’s current expectations regarding future results or events and are based on information currently available to it. Certain important factors and reasonable assumptions have been applied in providing these forward-looking statements. All forward-looking statements contained in this press release are qualified by these cautionary statements. CSOC believes that the expectations reflected in the forward-looking statements are based on reasonable assumptions; however, CSOC cannot give any assurance that actual results or developments will materialize. These forward-looking statements are subject to a number of risks and uncertainties which could cause actual results or events to differ materially from current expectations. Readers should therefore not place undue reliance on these forward-looking statements. In addition, a forward-looking statement speaks only as of the date on which such statement is made. CSOC assumes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances, except as required by securities laws. These forward-looking statements are made as of the date of this press release.
Additional information on CSOC is available under its SEDAR profile at www.sedar.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 release.