TORONTO, April 1, 2014 /CNW/ - Ceres Global Ag Corp. ("Ceres" or the "Company") (TSX: CRP) today announced that Amy Stephenson has been appointed Chief Financial Officer of the Company, replacing Jason Gould who has completed his transition responsibilities following the reorganization of the Company that began in October 2013.
"Amy brings extensive capital markets and public company experience to Ceres, and will be instrumental in helping the Company execute against its strategic plan," said Michael Detlefsen, President and CEO of Ceres. "We would like to thank Jason for his instrumental role in acquiring and developing over the last five years the core assets that form the basis for Ceres' future growth, and for staying on at the Company to ensure an orderly transition to an internalized management structure."
Mrs. Stephenson has more than 20 years of finance and public company experience. She spent more than ten of those years acting as CFO for various public companies, including Petroworth Resources Inc. (CNX: FSE), Augen Capital Corp. (TSXV: GSP), GoldQuest Mining Corp. (TSXV: GQC), and Hanfeng Evergreen (TSX: HF). Mrs. Stephenson is a CFA, CPA and CMA Charterholder, as well as a member of Financial Executives International (FEI). She earned her MBA degree in Finance from California State University, Sacramento, and her Bachelor of Arts degree from The University of Hong Kong.
About Ceres Global Ag Corp. (ceresglobalagcorp.com)
Ceres Global Ag Corp. is a Toronto-based company focused on two primary businesses: a Grain Storage, Handling and Merchandising unit, anchored by its 100% ownership of Riverland Ag Corp., and a Commodity Logistics unit, containing its 25% interest in Stewart Southern Railway Inc. and its development of the Northgate, SK Commodity Logistics Centre. Riverland Ag Corp. is a collection of ten (10) grain storage and handling assets in Minnesota, New York, Wisconsin and Ontario having aggregate storage capacity of approximately 51 million bushels. Riverland Ag also manages two (2) facilities in Wyoming on behalf of its customer-owner. Stewart Southern Railway Inc. is a short-line railway with a range of 130 kilometres that operates in South-eastern Saskatchewan. The Northgate Commodity Logistics Centre is a proposed $90 million grain, oil and oilfield supplies trans-loading site being developed in conjunction with Riverland Ag and several potential energy company partners, connected to the Burlington Northern Santa Fe Railroad and expected to open later in 2014. Ceres common shares trade on the Toronto Stock Exchange under the symbol "CRP".
SOURCE: Ceres Global Ag Corp.
For further information: Michael Detlefsen, President & CEO, Ceres Global Ag Corp., (416) 572-7631, firstname.lastname@example.org; Ross Marshall, TMX Equicom, (416) 815-0700 ext. 238, email@example.com