ITEM 5.02 - DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS.
On August 19th, 2014, the Corporation appointed Messrs. Robert Boisjoli and Dr.
Sami B. Chaouch, Ph.D. to the Board of Directors, joining Sebastien Cliche. On
the same day, the Company appointed Mr. Philippe Germain as President.
Mr. Robert Boisjoli, FCPA, FCA, CBV, 56, is Chairman of Palos Management and
President of Atwater Financial Group, a company specializing in financial
advisory work including mergers and acquisitions. He is founding partner of
Robert Boisjoli & Associates S.E.C., a consulting firm specializing in business
valuations. Mr. Boisjoli sits on the Boards of Directors and Audit Committees of
both private and publicly traded companies. He is currently Chief Financial
Officer for Adventure Gold Inc., a Toronto Stock Exchange listed Company, and
has been an Investment Banker with various Canadian securities firms including
Deacon Capital, Dundee Securities and Hampton Securities. He obtained his
Bachelor of Commerce Degree from Concordia University in 1979 and his Graduate
Diploma in Accountancy (D.I.A) from Concordia University in 1981.
Dr. Sami Chaouch, Ph.D., 50, is Senior Advisor and M&A head for TQS TV Group in
Montreal. Dr. Chaouch has held executive positions in Paris, Cairo and Montreal
and specializes in Finance and Investment Banking. He obtained his Ph.D. in
Finance from University of Paris-Dauphine in 1990.
Mr. Philippe Germain, 30, was the CEO and co-founder of Azur & Capital Fund LP,
a leader in bridge financing of land and construction projects in Canada. Azur
was acquired by Partners One Capital in 2014. Mr. Germain has held senior
corporate positions in both Europe and North America. Mr. Germain has a combined
degree in economics and political sciences with specialization in finance and
statistics from Laval University and is fluent in French, German, and English.