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Mosaic Capital Corporation Announces New Director and Management Appointments
Mosaic Capital Corporation Announces New Director and Management Appointments Cana...
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[{"type":"text","content":"\n\n\n\n\nMosaic Capital Corporation Announces New Director and Management Appointments\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, May 30, 2018\n\n\n\nCALGARY, May 30, 2018 /CNW/ - Mosaic Capital Corporation (\"Mosaic\"), (\"Company\") (TSX-V Symbols: M and M.DB) is pleased to announce that Mark Gardhouse and George Flemming have been appointed as directors of Mosaic. Furthermore, Mosaic is pleased to announce that Mark Gardhouse has assumed the role of President in addition to his current CEO role at the Company.  \n\nMosaic's board of directors now consists of John Mackay, Harold Kunik, William Smith, Gary Bentham, Mark Gardhouse and George Flemming.\n\nMark Gardhouse joined Mosaic in July 2016 and prior to that, for five years, had been the President and CEO of a $500 million revenue conglomerate headquartered in Edmonton, Alberta. From 2005 to 2010, Mark held the position of President and COO of C.A. Bancorp Inc., a Toronto Stock Exchange listed alternative asset management firm, which he successfully grew from start-up to $560 million in assets under management. Prior thereto, Mark led the equity buyout group at RoyNat Capital Inc. with a focus on transactions in the Canadian middle market.\n\nGeorge Flemming was President and CEO of Plains Environmental Inc., a private oilfield and industrial services firm, where he remains as a director and shareholder.  Since May 2016 George has worked as an independent investor and consultant. From 2000 until 2009, George was an investment banker with Canaccord Genuity Group Inc. where he focused on capital raising, advisory engagements and corporate transactions in the oilfield services and diversified industries sectors. Prior thereto, George was a corporate and securities lawyer for an Alberta-based regional law firm. In connection with George Flemming's appointment to the board, Mosaic issued Mr. Flemming 2,083 restricted securities units (\"RSUs\") and 9,393 options to purchase Mosaic common shares (\"Options\"). The Options have an exercise price of $6.00 and, ...