VEGREVILLE, AB, Nov. 20, 2017 /CNW/ - TerraVest Capital Inc. (TSX: TVK) ("TerraVest" or the "Company") announces the departure of its Chief Financial Officer. The Company does not expect this to have a material impact on its day to day operations as the existing Finance Team has sufficient resources and depth to manage the transition.
Caution Regarding Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding our strategic direction and evaluation of the business segments and TerraVest as a whole, and other plans and objectives of or involving TerraVest. Readers can identify many of these statements by looking for words such as "expects" and "will" and similar words or the negative thereof. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.
By their nature, forward-looking statements require us to make assumptions and, accordingly, forward looking statements are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. We caution readers of this news release not to place undue reliance on our forward-looking statements because a number of factors may cause actual future circumstances, results, conditions, actions or events to differ materially from the plans, expectations, estimates or intentions expressed in the forward-looking statements and the assumptions underlying the forward-looking statements.
Assumptions and analysis about the performance of TerraVest as a whole and its business segments, the markets in which the business segments compete and the prospects and values of the business segments are considered in setting the business plan for TerraVest, plans and/or ability to pay dividends, outlook for operations, financial position, results and cash flow, other plans and objectives and in making related forward-looking statements. Such assumptions include, without limitation, demand for products and services of the business segments in respect of the Canadian and other markets in which the businesses are active will be stable, and that input costs to business segments do not vary significantly from levels experienced historically. Should any of these factors or assumptions vary, actual results may differ materially from the forward-looking statements.
SOURCE TerraVest Capital Inc.
For further information: Dustin Haw, TerraVest Capital Inc., Chief Executive Officer, (416) 855-1928, firstname.lastname@example.org
TerraVest Income Fund (the "Fund") is an unincorporated, open-ended, limited purpose trust established to hold investments in a diversified group of income producing businesses. The Fund's holds interests in the following portfolio businesses:RJV is one of the largest providers of wellhead processing equipment for the natural gas industry in western Canada.Diamond is a market leader in...