CALGARY, Oct. 5, 2015 /CNW/ - Rocky Mountain Dealerships Inc. ("Rocky") announced today that Mr. Cameron Crawford, FCA, and Mr. William (Bill) DeJong, Q.C., have been appointed to its Board of Directors.
Mr. Crawford is a corporate finance specialist with over 30 years of experience in the areas of mergers and acquisitions and strategic projects. Mr. Crawford is a partner in The Catalyst Group, a professional services firm in Western Canada with an extensive base of agri-business clients. Mr. Crawford has served on the Board of Directors of PFK International ("PFK"), a leading association of professional business advisory firms, and is a past Chairman of PFK's affiliate, PFK North American Network. Mr. Crawford graduated from the University of Calgary in 1976 with a Bachelor of Commerce, and received his Chartered Accountant designation in 1979. In 1997 he received his designation as a Fellow of the Institute of Chartered Accountants of Alberta, and became a Chartered Business Valuator in 2001.
Mr. DeJong is a lawyer with over 25 years of practice experience in the areas of securities and corporate finance, as well as corporate and commercial matters. Mr. DeJong is currently a partner with the international law firm of Dentons Canada LLP. He has been a director, officer and in many instances founder of a number of public companies traded on various stock exchanges, including the American Stock Exchange, Toronto Stock Exchange and the TSX Venture Exchange. Mr. DeJong graduated from the University of Calgary in 1980 with a Bachelor of Arts, and received his Juris Doctor from the University of Victoria in 1983. He also received a Master of Business Administration, Finance Specialization (Summa Cum Laude) from the International University of Monaco in 2001, and received his designation as Queen's Counsel in 2009.
Commenting on the appointments, Matt Campbell, Chairman of the Board of Directors for Rocky, said, "These appointments represent Rocky's plan to continually add high caliber individuals with knowledge of our business to the Board of Directors. Mr. Crawford has a long history of conducting business in Alberta, and has extensive experience dealing with many aspects of the agriculture sector, including valuations, transactions and consolidation work. Mr. DeJong brings with him a wealth of knowledge in entrepreneurial activities, mergers, acquisitions and consolidations, as well as corporate governance and securities matters, and will be able to provide Rocky with special insight as we continue to grow. We would like to thank them both for accepting their appointments and look forward to their contributions to Rocky going forward."
Rocky also announced that, as part of these appointments, Mr. Crawford was appointed to Rocky's Audit Committee, and Mr. DeJong was appointed to Rocky's Compensation, Governance and Nominating Committee. Rocky's Board of Directors now consists of 9 members, 6 of whom are independent.
Date of Earnings Conference Call and Webcast Announced
Rocky also announced today that it will release its 2015 third quarter financial results before markets open on Thursday, November 12, 2015. Rocky will then discuss its quarterly results via live conference call and audio webcast, beginning at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) that same day. Senior management of Rocky will provide remarks on the quarter, followed by a question and answer session with analysts and institutional investors.
Those interested in participating in the conference call may do so by calling 1-888-231-8191 (toll free) or 1-647-427-7450. A live webcast of the conference call will also be accessible through Rocky's website at www.rockymtn.com.
An archived recording of the conference call will be available until Thursday, November 26, 2015 by dialing 1-855-859-2056 (toll free) or 1-416-849-0833, passcode: 53043761. This archived recording will also be available via Rocky's website.
Caution regarding forward-looking statements
Certain information set forth in this news release, including, without limitation, statements discussing or implying any positive economic or financial benefit arising from the appointments of Mr. Crawford and/or Mr. DeJong are forward-looking information within the meaning of applicable Canadian securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Rocky's control. While this forward-looking information is based on information and assumptions that Rocky's management believes to be reasonable, there is significant risk that the forward-looking statements will prove not to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from that expressed in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and qualified by risks and other factors discussed by Rocky in its most recent management's discussion and analysis ("MD&A"), and as discussed in Rocky's Annual Information Form dated March 10, 2015 under the heading "Risk Factors." Except as required by law, Rocky disclaims any intention or obligation to update or revise forward-looking statements, and further reserves the right to change, at any time, at its sole discretion, its current practice of updating its guidance and outlooks.
Rocky is one of Canada's largest agriculture and industrial equipment dealership networks with branches located throughout Alberta, Saskatchewan, and Manitoba. Through its network of Rocky Mountain Equipment locations, Rocky sells, rents, and leases new and used agriculture and industrial equipment and offers product support and finance to its customers.
SOURCE Rocky Mountain Dealerships Inc.
For further information: Rocky Mountain Dealerships Inc.: Garrett Ganden, President and Chief Executive Officer; or David Ascott, Chief Financial Officer, #301, 3345 8th Street S.E., Calgary, Alberta T2G 3A4, Telephone: (403) 265-7364, Fax: (403) 214-5644