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SBD Capital Corp. Announces Board and Management Changes

newsfilecorp

Toronto, Ontario–(Newsfile Corp. – July 19, 2019) – SBD Capital Corp. (CSE: SBD) (the “Company“) announces that Brian Murray has tendered his resignation as President, Chief Executive Officer and director of the Company. Mr. John Dyer has been appointed interim Chief Executive Officer of the Company until such time as the Company appoints Mr. Murray’s successor. Mr. Dyer has also been appointed as a director of the Company effective immediately. The Company would also like to announce the resignation of Adam Macdonald as a director and an officer of the Company.

Mr. Dyer, CPA, CMA has over 30 years of financial management experience including chief financial officer roles in both private and public companies, controller roles and public practice accounting. As a Chartered Professional Accountant, Mr. Dyer has wide ranging experience in various industries including manufacturing, construction, technology, non-profit, mining, financial institutions and insurance. He also has extensive knowledge in systems technology and software and has led teams in turning around distressed companies

Management and the board of directors would like to thank Mr. Murray and Mr. MacDonald for their years of services and considerable contributions to the Company and wish them well on their future endeavours.

FOR FURTHER INFORMATION PLEASE CONTACT:

SBD Capital Corp.
John Dyer
Interim Chief Executive Officer and Chief Financial Officer
Tel: (647) 946-2286

This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/46391