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Lateral Capital Announces the Appointment of Donald A. Wright to Its Board of Directors

Feb 22 2013 12:00AM

Marketwire

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CALGARY, ALBERTA -- (Marketwire) -- 02/22/13 -- Lateral Capital Corp. ("Lateral" or the "Company") (TSX VENTURE: LCP) - Mr. Corbin Blume, President and Chief Executive Officer of Lateral, is pleased to announce the appointment of Donald A. Wright to the board of directors effective February 21, 2013, subject to customary TSX Venture Exchange acceptance.

Mr. Wright is the President and Chief Executive Officer of The Winnington Capital Group Inc. Mr. Wright's career has spanned over 40 years in the investment industry and is an active investor in both the private and public equity markets. Mr. Wright has held a number of leadership and senior positions with domestic and global firms working both in Canada and internationally, including President of Merrill Lynch Canada, Executive Vice President, director and member of the executive committee of Burns Fry Ltd., Chair and Chief Executive Officer of TD Securities Inc., and Deputy Chair of TD Bank Financial Group. He was the past Chairman of the Board of VIA Rail Canada and Mr. Wright serves as Chair of the board of directors of Cinaport Capital Inc., Equity Financial Holdings Inc., GMP Capital Inc., Tuscany International Drilling Inc., Richards Packaging Inc., and Chair of the board of trustees of Richards Packaging Income Fund. In addition, Mr. Wright serves as a director of numerous other companies. He actively supports numerous charitable organizations and is a past member of the board of trustees of The Hospital for Sick Children.

Corbin Blume, Lateral's CEO, said of the appointment: "Don's appointment is a fantastic addition to our organisation with his wealth of expertise. Not only has Don established himself as a proven leader in capital markets, but his unique mix of corporate and operational experience combined with his strategic vision makes him ideally suited to join Lateral's board of directors."

Cautionary and Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.

The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the TSX Venture Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

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.



Contacts:
Lateral Capital Corp.
Corbin Blume
President & CEO
Main Phone (587) 350-7500
(587) 350-7505 (FAX)

Lateral Capital Corp.
1000, 205 - Fifth Avenue SW
Calgary, Alberta T2P 2V7





Source: Marketwire


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