Grande West Transportation Terminates CFO
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/01/15 -- Grande West Transportation Group Inc. (TSX VENTURE: BUS) ("Grande West" or the "Company") announces that it has terminated its Chief Financial Officer John Sutherland, effective April 30, 2015. During the search for a new CFO, duties will be overseen by Grande West Director Mr. Don Siemens.
Mr. Siemens is an independent financial advisor and corporate director specializing in Corporate Finance and Mergers & Acquisitions. Don Siemens is a Chartered Accountant and previously was Partner-in-Charge of Thorne Ernst & Whinney''s (now KPMG) Vancouver office Financial Advisory Services group.
About Grande West Transportation Group
Grande West is a Canadian bus manufacturer who designed, engineered and manufactures Vicinity buses. With little competition in the "mid-size" bus range, Grande West has set itself apart from others with the Vicinity bus - a heavy duty mid-size, true community transit bus now in operation in many municipalities across Canada.
The Vicinity is designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel, emits less harmful emissions, has lower maintenance costs and is considerably more durable than cut-away buses which are based on a truck chassis.
In a large and unsaturated market segment, Grande West is poised to capture sales growth from both the replacement of cut-away buses and the right sizing of larger buses in transit fleets across Canada and the United States.
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the completion of the Offering and the use of proceeds from the Offering, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Contacts:
Grande West Transportation
William R. Trainer
President & CEO
1-604-607-4000
The Howard Group
Jeff Walker
1-888-221-0915
The Howard Group
Ariel Cobangbang
1-888-221-0915
Paradox Public Relations
Carl Desjardins
1-866-460-0408
Paradox Public Relations
Jean-Francois Meilleur
1-866-460-0408
Paradox Public Relations
Karl Mansour
1-866-460-0408
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Datum: 01.05.2015 - 13:55 Uhr
Sprache: Deutsch
News-ID 1355841
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Public Transportation
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