Terra Firma Capital Corporation Appoints Seymour Temkin to Board of Directors
08 Novembre 2011 - 10:48PM
Marketwired
Terra Firma Capital Corporation (TSX VENTURE:TII) ("Terra Firma" or
the "Corporation") is pleased to announce that Mr. Seymour Temkin
has been appointed to the board of directors of the
Corporation.
For the past 9 years, Mr. Temkin acted as Senior Business
Advisor at Goodmans LLP, providing strategic and business advice to
public and private companies. Prior to that, Mr. Temkin was head of
the Canadian real estate practice of Deloitte & Touche LLP for
15 years. Mr. Temkin has over 30 years of public accounting
experience and he is credited with the creation of numerous REITs
from conception, through due diligence to the public listing. Mr.
Temkin is the Chairperson and a member of the Audit Committee of GT
Canada Medical Properties REIT. In addition, Mr. Temkin serves as
the Chairperson of Medical Facilities Corporation, where he also
acts as the Chair of the Distribution Committee and is a member of
the Acquisition Committee. Mr. Temkin is a Chartered Accountant
with an FCMA designation and a Bachelor of Commerce degree from the
University of Witwatersrand, South Africa. He is a graduate of the
Directors Education Program co-sponsored by Rotman School of
Management and the Institute of Corporate Directors. Mr. Temkin is
also a fellow of the Certified Management Association of
Canada.
Mr. Allan Silber, Terra Firma's Chairman, commented, "Seymour
Temkin is widely regarded as a pioneer in the Canadian real estate
capital markets sector. We are fortunate to have Seymour join our
board as we continue to build on Terra Firma's successes."
About Terra Firma
Terra Firma is a full service, publicly traded real estate
finance company that provides customized equity and debt solutions
to the real estate industry. Our focus is to provide flexibility to
property owners who may be limited by conventional bank financing
and to invest in quality commercial and residential developments.
Terra Firma offers a full spectrum of real estate financing under
the guidance of strict corporate governance, clarity and
transparency. Terra Firma is managed by Counsel Corporation
(TSX:CXS). For further information, please visit Terra Firma's
website at www.terrafirmacapital.ca.
About Counsel Corporation
Counsel Corporation (TSX:CXS) is a financial services company
that operates through its individually branded businesses,
primarily in residential mortgage lending, distressed and surplus
capital asset transactions, real estate finance and private equity
investment. For further information, please visit Counsel's website
at www.counselcorp.com.
This Press Release contains forward-looking statements with
respect to matters concerning the business, operations, strategy
and financial performance of Terra Firma. These statements
generally can be identified by use of forward looking word such as
"may", "will", "expects", "estimates", "anticipates", "intends",
"believe" or "could" or the negative thereof or similar variations.
The business, operations and performance of Terra Firma could
differ materially from those expressed or implied by such
statements. Such forward-looking statements are qualified in their
entirety by the inherent risks and uncertainties surrounding future
expectations. Forward-looking statements are based on a number of
assumptions which may prove to be incorrect, including, but not
limited to general economic and market factors, local real estate
conditions, competition, changes in government regulation,
dependence on tenants' financial conditions, interest rates, the
availability of equity and debt financing, environmental and tax
related matters, and reliance on key personnel. There can be no
assurances that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. The cautionary statements qualify all forward-looking
statements attributable to Terra Firma and persons acting on its
behalf. Unless otherwise stated, all forward looking statements
speak only as of the date of this Press Release and Terra Firma has
no obligation to update such statements except as required by
law.
The TSXV has in no way approved nor disapproved the contents of
this press release. The TSXV does not accept responsibility for the
adequacy or accuracy of this press release.
Contacts: Stephen Weintraub 416.866.3058 416.866.3061
(FAX)sweintraub@counselcorp.com
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