TORONTO, ONTARIO — (Marketwired) — 04/04/13 — Difference Capital Funding Inc. (“DCF”) (TSX VENTURE: DCF) is pleased to announce that Difference Capital Management Inc. (“Difference Capital”) has appointed Jamie M. Brown as Partner, effective April 15, 2013.
Jamie Brown has over 15 years- experience in investment banking and management in both Canadian and U.S. capital markets. Jamie joins Difference Capital from Canaccord Financial where he served as Vice Chairman and President of its U.S. division, Canaccord Genuity Inc.
In 2006, Jamie was appointed Head of U.S. Investment Banking and then assumed the role of President in 2008 overseeing operations in Boston, New York, San Francisco, Houston and leading a team of 250 capital market professionals. Under his leadership, Canaccord-s U.S. business experienced significant expansion in the sectors of Technology, Sustainability, Life Sciences, Energy, and Consumer Products and emerged as a top U.S. mid-market equity underwriter. Jamie was also Global Head of Sustainability and CleanTech for Canaccord Genuity, a sector where the firm was recognized as a leader in research and investment banking. He has served on the National Advisory Committee for the TSX Venture Exchange, is currently a member of The Canadian Institute of Chartered Business Valuators and is a Director of BC Hydro, one of Canada-s largest utilities.
“We are pleased that Jamie has joined the Difference Capital team,” said Michael Wekerle, Executive Chairman. “Jamie-s experience is highly complementary to Difference Capital. His extensive knowledge of U.S. capital markets, investment banks and private equity firms gives us a deep network into the world-s largest market for our target sectors. Jamie will provide our investee companies with U.S. ideas and contacts, and at the same time expand DCF-s deal flow of investment opportunities both in the United States and Canada.”
“I am excited to be a part of Difference Capital,” said Jamie. “I look forward to joining this dynamic team and continuing to build a firm dedicated to serving the capital needs of growth companies while giving strategic advice to their management teams. Difference Capital has the business model I believe is needed in today-s markets.”
About Difference Capital Funding Inc.
Difference Capital Funding Inc. is a publicly listed merchant bank focused on creating shareholder value through strategic investments in, and advisory services for, growth companies, particularly in the technology and media sectors, as well as opportunistic investments in undervalued financial assets and real property.
For further information on DCF, its management, board and portfolio of investee companies, please visit .
About Difference Capital Inc.
Difference Capital Inc. is a Toronto based investment firm founded by Michael Wekerle, Paul Sparkes, Henry Kneis and Neil Johnson. Difference Capital Inc. is the parent company of Difference Capital Management Inc., the manager of Difference Capital Funding Inc. (TSX VENTURE: DCF).
Cautionary Notes
This release includes forward-looking statements regarding DCF and its business. Such statements are based on the current expectations and views of future events of DCF-s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release and the anticipated growth of the DCF business, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company, including risks regarding achieving investment objectives, economic factors and the equity markets generally and many other factors beyond the control of DCF. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and DCF undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Difference Capital Funding Inc.
Neil Johnson
Chief Executive Officer
416 649 5088