TSE Stock Symbol: GDC
CALGARY, Sept. 17, 2012 /CNW/ - Genesis Land Development Corp.
("Genesis" or "the Corporation") (TSX: GDC) is pleased to announce that
at the annual general meeting ("AGM") of its shareholders, the
shareholders approved all the resolutions presented at the meeting,
To set the number of directors at seven.
The election of the following board members:
Mr. Yazdi Bharucha
Mr. Michael Brodsky
Mr. Steven Glover
Mr. Mark Mitchell
Mr. William Pringle
Mr. Sandy Poklar
Mr. Mark Scott
The reappointment of MNP LLP as auditors
At a meeting of the Board of Directors that followed the AGM, Mr.
Michael Brodsky was unanimously appointed by the directors to be
Chairman of the Board of Directors.
Messrs William Pringle and Mark Scott joined the Board as a result of
the voting at the AGM.
Mr. Pringle is a founder of Bordeaux Properties Inc. and is currently
its Executive Chair. Bordeaux is a land developer with operations
focused on country residential projects and builds homes in Calgary as
Baywest Homes. Previously, Mr. Pringle was with the Brookfield Asset
Management Group for 14 years, during which time he had senior roles
with the operating arms of Brookfield Properties Corporation, a
multi-national real-estate company. He was President and CEO of
Brookfield Homes from March of 1994 until February of 2000, and prior
to that he was president of Brookfield's office property group. Mr.
Pringle is a Chartered Account and received his Bachelor of Commerce
from the University of Calgary. Mr. Pringle is involved with various
community activities, including past chair of the Major Donor Group,
United Way of Calgary, and has served on the boards of various private
and public companies.
Mr. Scott brings nearly 30 years of experience in real estate,
investment banking and international business. He has extensive
experience with real estate mergers & acquisitions, asset sales, and
property asset management. He worked for 14 years with Scotia Capital
Inc., most recently as Managing Director & Office Head in the Vancouver
office. He is currently a private investor. Mr. Scott has served on the
Board of Trustees of the Fraser Institute and currently serves on the
Board of Directors of China Education Resources. Mr. Scott holds a B.A.
in Management and Economics from the University of Guelph.
Genesis is a Calgary based land development Corporation and residential
home builder with land holdings in Alberta and British Columbia. Its
active operations are located primarily in the Calgary metropolitan
SOURCE: Genesis Land Development Corp.
For further information:
Jeff Blair, C.E.O., Genesis Land Development Corp.
Simon Fletcher, C.F.O, Genesis Land Development Corp.
Toll Free: (403) 265-8079, 1-800-341-7211, Fax: (403) 266-0746
E-Mail: email@example.com Internet: www.genesisland.com