Welcomes Industry Leader with Proven Experience in Advising Public Companies
MILL VALLEY, CA, June 19, 2015 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSX-V: PYD) ("Poydras" or the "Company") today announced that it has appointed accounting and finance expert David Danziger, CPA, CA as an independent director of the Company effective June 18, 2015.
"We are very fortunate that David has joined our board of directors," said Peter Macy, CEO of Poydras. "He brings extensive experience in the field of accounting and finance and we look forward to his contributions as we continue to accelerate the Company's growth trajectory."
David is currently an Assurance Partner at MNP LLP, one of the largest full-service chartered accountancy and business advisory firms in Canada. He is the Senior Vice President of Assurance for the firm as well as the National Leader of MNP's Public Companies practice. An accounting professional since 1980, David is proficient in his field, serving in both the audit function and as a compliance advisor to public companies. David assists clients with significant transactions, complex accounting matters and regulatory issues as well as other publicly filed documents, and is fluent in both IFRS and US GAAP.
David has served as a Director for public companies for many years and currently has significant director positions with TSX, TSXV, NYSE and AMEX-listed public companies. David is a trusted advisor on all aspects of institutional financing, providing practical advice and insight to clients looking to grow their businesses either organically or through mergers and acquisitions. David graduated from the University of Toronto with a Bachelor of Commerce in 1980 and completed the School of Accountancy in 1983. He is a past member of the Ontario Securities Commission's Small to Medium Sized Enterprise Advisory Committee and was also an appointed member of the CPA/PDAC Mining Task Force on IFRS.
About Poydras Gaming Finance Corp.
Poydras Gaming is focused on leasing and financing gaming machines (such as slot machines) and related capital expenditures for existing casinos, new casino developments and gaming machine suppliers in the United States. It owns and finances slot machines including long-term lease contracts across six casinos in Oklahoma and a financing agreement with a gaming machine supplier based out of California. Additional information about the Company can be found on the SEDAR website at www.sedar.com.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this news release is considered forward-looking within the meaning of certain securities laws and is subject to important risks, uncertainties and assumptions. This forwardlooking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forwardlooking information. The forward-looking information in this news release describes the Company's expectations as of the date of this news release.
The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, risks arising from general economic conditions and adverse industry events.
The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARDLOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.
SOURCE Poydras Gaming Finance Corp.
For further information: Robert Kelly, Investor Relations | TMX Equicom, T: 416.815.0700 ext. 253, E: [email protected]; or Peter Macy, CEO, Poydras Gaming Finance Corp., T: (604) 683-8393, E: [email protected]