Brief: FCF Capital announces plans to appoint Stephen Reid as CEO

Dominion Lending Centres

03/02/2016 22:36

Feb 3 (Reuters) - FCF Capital Inc  FCF.V : 
 * Announces plans to appoint stephen reid as CEO, pursue new investment 
   opportunities and increase its investment capital 
 * Board will also appoint james bell as an independent director of the company 
 * Says has sold its investment in polaris infrastructure inc. for total 
   proceeds of approximately $9.59 million 
 * Says will also pursue a private placement financing of up to $25 million 
   following the closing of the transaction 
 * Allan bezanson would resign as interim CEO and would be appointed executive 
   vice-president, capital markets 
 * Says courtenay wolfe would step down as executive chair of the board, but 
   would remain as a director of the company 
 
* Source text for Eikon  urn:newsml:reuters.com:*:nMKW0jsFNa 
 
* Further company coverage  FCF.V   
 
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