Announcement of Appointment - Sarona Frontier General Partner Inc: Mr. Bruce
Nicol, Director

WATERLOO, ON, July 21 /CNW/ - J. Alex Hartzler, Chairman of the Board of Sarona Frontier General Partner Inc, is pleased to announce the appointment of Mr. Bruce Nicol to the Board of Directors.

Mr. Nicol is Vice President of Tartan Homes in Ottawa. With academic studies in education and business, along with a doctorate in music, Mr Nicol brings a breadth of varied experience to the Sarona Board of Directors. His global travels and keen interest in socio-economic development in emerging markets will be helpful as Sarona develops its dual foci of financial profit and social/environmental impact.

The Sarona Frontier General Partner Inc Board of Directors is the controlling body for the Sarona Frontier Markets Fund I LP, a private equity fund of funds focussed on investing in emerging and developing country markets around the world. Sarona is an impact investment firm, seeking solid profits for its investors, along with positive social and environmental impact for the communities where it invests.

SOURCE Sarona Asset Management Inc.

For further information: For further information: Gerhard Pries, President, (519) 883-7557,

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Sarona Asset Management Inc.

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