TORONTO, March 14, 2018 (GLOBE NEWSWIRE) — Routemaster Capital Inc. (TSXV:RM) (“Routemaster” or the “Company”) is pleased to announce the appointment of Vikram Pathak as President and CEO, effective immediately. Mr. Pathak will continue to serve as a Director of Routemaster.
The Company also announces the appointment of William Steers to its Board of Directors. Mr. Steers has over 40 years of international business development and management experience. While resident in Rio de Janeiro, he was a Director and senior manager of Docas Investimentos, a Brazilian controlled investment group involved in real estate, ship building, telecoms and more recently, oil and gas. He is a partner at IMC Consultoria Representacao Com. Int. Ltda. that among other activities, successfully introduced IMAX to Brazil. Mr. Steers is an Independent Director of Brazilian oil and gas producer Petro Rio and Toronto based Lara Exploration Ltd. Formerly, Mr. Steers was Managing Partner at Weatherhaven Brasil (private manufacturer of temporary shelters). Mr. Steers holds an Honors BA from the Richard Ivey School of Business at Western University.
The appointment of each of Mr. Pathak and Mr. Steers follows the resignation of Fred Leigh as Routemaster’s President and CEO and as a Director of the Company. The board and management of Routemaster express their gratitude to Mr. Leigh for his efforts and extensive contributions and wish him well in his future endeavours.
About Routemaster Capital Inc.:
Routemaster Capital Inc. is a Canadian investment company that carries on business with the objective of enhancing shareholder value.
For further information please contact
President and Chief Executive Officer
Tel: +1 (647) 276-7816
FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements, including statements regarding the impact of changes to the management team and board of directors of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf, except as required by applicable law.
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.