|By Marketwired .||
|June 3, 2014 01:38 PM EDT||
BURLINGTON, ONTARIO -- (Marketwired) -- 06/03/14 -- Green Swan Capital Corp. (TSX VENTURE: GSW) ("Green Swan") announces that Mr. Sunil Sharma has joined its Board of Directors and management team.
Mr. Sharma brings over 15 years of experience in the financial services and health care sectors. In 2004 he co-founded Wellpoint Health (www.wellpoint.ca), a leading provider of occupational health, medical and safety services. Mr. Sharma managed both the sales team and business development Canada-wide activities at Wellpoint, while also being an integral part of Wellpoint's M&A team. His efforts led to several successful acquisitions across Canada which fueled Wellpoint's revenue growth. With 13 offices across Canada, Wellpoint has a diverse client base that includes all levels of government, along with large national and multinational corporations. Mr. Sharma has supported and/or funded start-ups in the health care and technology verticals. He earned a Bachelors of Commerce degree from the Michael G. Degroote School of Business.
"We are seeing the end of Prohibition globally as legislators worldwide continue to deregulate and decriminalize hemp and marijuana," said Peter M. Clausi, Green Swan's Chief Executive Officer. "Mr. Sharma and his entrepreneurial attitude are a perfect fit for Green Swan's business model, which is to enter the spaces opened by such deregulation. His deep contacts in the health care industry will give Green Swan entry to key investors, decision makers and management teams globally."
Mr. Sharma will join Green Swan's board and will be Vice President, Corporate Development.
Green Swan has granted a total of 245,000 incentive stock options pursuant to its stock option plan to certain officers, directors and consultants exercisable at a price of $0.09 cents per share for a period of five years from the date of grant. The grant of the options and Mr. Sharma's appointment are subject to regulatory approval.
Due to time commitments, Mr. James Glass has resigned from Green Swan's board.
About Green Swan Capital Corp.
Green Swan Capital Corp. is a diversified Canadian company. With 25,515,417 shares outstanding, an aggressive growth strategy and a proven leadership team, Green Swan is well-poised to deliver real value to its shareholders.
Forward Looking Statements
This news release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. GSW cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what GSW currently foresees. Discussion of the various factors that may affect future results is contained in GSW's recent filings, available on SEDAR. GSW assumes no liability for repeating or referring to any facts, statements, releases, data or reports disseminated by any other issuer. Any reference to any other issuer should be cross-checked for accuracy and context by the reader. 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.
On Behalf of the Board of Directors
GREEN SWAN CAPITAL CORP.
Peter M. Clausi, President, CEO and Director
Neither 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.
Green Swan Capital Corp.
Peter M. Clausi