TORONTO, July 25,
2024 /CNW/ - Genifi inc. (TSXV: GNFI) ("genifi" or
the "Company") today announced that Jeffrey
Shaul has joined its Board of Directors and Bill Maurin has resigned.
Jeffrey Shaul is the President
and CEO of Robson Capital Management Inc., an investment industry
firm that he founded in 2003 following many years in senior
investment banking positions with major Canadian investment firms
including Scotia Capital and TD Securities. He began his career
practicing corporate and securities law with Osler, Hoskin
& Harcourt, a major Canadian law firm.
Since its founding, Robson Capital Management has acted as
exempt market dealer in Canada for
more than 60 Canadian, US and other international asset managers,
to assist in distributing their funds to accredited investors,
family offices and institutional investors in Canada. In 2015 the firm
created RBS/Connect, a platform enabling specialty private
alternative investment funds access to the dealer members of the
Canadian Investment Regulatory Organization. With roughly 30 fund
groups representing over 40 separate funds, the platform is
arguably the largest of its kind in Canada.
Jeffrey also acts as independent director for a number of
offshore alternative investment funds through Bell Rock Group, a
Cayman-based corporate and directorship services firm.
"We are delighted that Jeffrey
Shaul is joining our Board," said Tom Beckerman, genifi's CEO. "His wealth of
experience in the financial markets and related services will be of
great benefit to genifi. And, we would like to thank Bill Maurin for his many contributions to our
Board over the past few years."
Mr. Shaul's appointment is subject to TSX Venture Exchange
approval.
About genifi inc.:
Genifi (formerly Prodigy Ventures) delivers Fintech innovation,
with its cutting-edge platforms: IDVerifact for digital identity
verification, and tunl.chat for generative AI chat. Genifi has been
recognized as one of Canada's
fastest-growing companies and is committed to driving innovation in
the Fintech industry.
Forward-Looking and Cautionary Statements
Certain information set out in this news release constitutes
forward-looking information. Forward looking statements are often,
but not always, identified by the use of words such as "seek",
"anticipate", "plan", "continue", "estimate", "expect", "may",
"will", "intend", "could", "might", "should", "believe" and similar
expressions. Forward looking information includes without
limitation, statements regarding the Company's future plans.
Although genifi believes that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions,
and that information obtained from third party sources is reliable,
they can give no assurance that those expectations will prove to
have been correct. Readers are cautioned not to place undue
reliance on forward-looking statements included in this document,
as there can be no assurance that the plans, intentions or
expectations upon which the forward-looking statements are based
will occur. The forward-looking information is based on certain
assumptions, which could change materially in the future. By their
nature, forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other
things, risk factors set forth in genifi's Management's Discussion
and Analysis for the period ended March 31,
2024, a copy of which is filed on SEDAR+ at
www.sedarplus.ca. Readers are cautioned that this list of risk
factors should not be construed as exhaustive. These statements are
made as at the date hereof and unless otherwise required by law,
genifi does not intend, or assume any obligation, to update these
forward-looking statements.
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.
SOURCE genifi inc.
