Anthony Clark forms Special Committeeadmin
Anthony Clark forms Special Committee
Calgary, Alberta CANADA, November 13, 2013 /FSC/ – Anthony Clark International Insurance Brokers Ltd. (ACL – TSX Venture, ACKBF – OTCQX),(the “Corporation”).
Further to the announcement on the Strategic Alternative Process, the Corporation has formed a special committee consisting of three Board members to explore and evaluate potential strategic alternatives with a view to enhancing shareholder value.
The special committee of the Board is comprised of Douglas Farmer, Normand Cournoyer and Robert Sadleir and will be chaired by Robert Sadleir.
The Company does not intend to comment further regarding the review process unless a specific transaction is approved by the Board of Directors, the review process is concluded or it is otherwise determined that further disclosure is necessary.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information please contact:
Anthony Clark International Insurance Brokers Ltd.
Mr. Tony Consalvo, President and CEO
Telephone: (403) 225-5100
Except for the historical information contained herein, this press release contains statements that constitute forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Company’s ability to close the proposed transaction. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation and other risk factors identified in the Company’s public filings under “Risk Factors.” The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release.
On behalf of
ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD.
Tony Consalvo, CEO
To view the press release as a PDF file, please click on the following link:
Source: Anthony Clark International Insurance Brokers Ltd. (AC:-TSX.V) www.aclarkinsurance.com
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Posted: November 13th, 2013 under FSCWIRE.