SHARBOT LAKE, ON, July 6, 2015 /CNW/ - Frontenac Mortgage Investment Corporation is pleased to announce that Mr. Robert Barnes was unanimously elected as new Chair at the Board of Directors meeting on June 29, 2015. Mr. Barnes began his career in financial services having worked for both National Trust and ING Direct. He then moved into the technology sector working for the U.S. based database marketing firm Harte-Hanks Data Technologies. Robert then had the opportunity to purchase an ownership position in a Toronto based database marketing firm which he co-managed until he sold his position in 2007. Robert is currently the Director of Managed Services for EllisDon, one of Canada's leading construction companies. He has been an investor in Frontenac since 1997 and became a Director in 2006.
The other members of the Board, sitting as Directors are Audit Committee Chair, Eric Dinelle, Governance and Nominations Committee Chair, Margaret Kelk, Sheldon Jacobs and William Calvert.
Frontenac has assets under management of over $150,000,000.00. Investors pool their funds and invest in mortgages on real property. Frontenac is a prospectus product that is managed by W. A. Robinson Asset Management Ltd. Frontenac's website is located at www.robinsonsgroup.com.
SOURCE Frontenac Mortgage Investment Corporation
For further information: Frontenac shareholders who have questions or require more information should contact the Corporate Secretary of the Company, Dawn Reiser at 1-877-279-2116