(TheNewswire)
Vancouver, BC / TheNewswire / May 31, 2017 - Whitewater Capital Corp ("Company") (CSE: WW):
Further to the Company's news release of April 18, 2017, the Company has sold its offering of 3,000,000 units at $.15 to raise $450,000 (the "Offering") which was a condition to closing the RTO. The Company also has shareholder approval and conditional CSE approval.
The Company is finalizing all documents to close the RTO, the Offering and the filing of final documents with the CSE.
A news release will be issued announcing the closing date and resumption of trading under the new corporate name of Preferred Dental Technologies Inc. and the new symbol PDT.
The board of directors and the officers following closing are:
Name Position(s)
George Galedirector and chairman of the board of directors
Erik SiegmundCEO, president and director
Camille PinetteCFO, director, corporate secretary
John Schillingerdirector
Below is biographical information about the new directors and the advisory board.
Directors
George Gale B.A. (Ed), B.Sc., M.Sc., Ph.D.
President and CEO of Namex Explorations Inc. (since Nov 2009); President of Galex Geology Ltd. (2005- 2012); Director Triple Nine Resources Ltd. (2012- ).
Dr. Gale is a geological consultant with experience in North and South America and Europe. He is the President and CEO of several mineral exploration companies and has been involved in several exploration successes that have become mines. Prior to entry into the mineral exploration industry he was a mineral deposit researcher and published over 100 articles in various national and international publications. The experience he has gained in managing public and private companies will guide the Board in management and regulatory issues.
Erik Siegmund
Mr. Siegmund has a B.A from the University of Manitoba. Mr. Siegmund has devoted the last seven years specific to finalizing all aspects of the dental abutment accessories, driving the engineering and prototype development to date. Mr. Siegmund is the son of the inventor of the EAS system and was instrumental in its development and perfection. As the son of an innovator and entrepreneur who ran a dental lab for over 40 years, Mr. Siegmund is very familiar with dental lab practices and procedures. As such, he has a wealth of knowledge about the issues faced by dentists and labs regarding implants and abutments. His technical skills and expertise are ideally suited to our business development. Mr. Siegmund is uniquely capable of explaining the many advantages of the EAS system to dentists, dental labs, and business partners alike. He was the founder and President of Quantum Dental Studios.
Camille Pinette
Mr. Pinette has been a senior lending officer at Caisse Populaire for personal business and agricultural clients since 1989, in various branches. Mr. Pinette brings to the board over 32 years of experience in the financial industry. Initially working his way up the ladder to branch manager with the Royal Bank of Canada, Mr. Pinette has also owned his own private business enterprises, gaining valuable experience as an entrepreneur. He has worked with Credit Unions and Caisse Populaires and was responsible for residential, agricultural, and commercial lending. His varied experience has provided knowledge, guidance and advisory services to the Board of Directors of PDI. Mr. Pinette was a director of IGC Resources Inc., a reporting issuer listed on the TSX Venture Exchange from July 29, 2015 to November 3, 2015.
John Schillinger
Mr. Schillinger has a Business Administration Diploma from Red River College. Mr. Schillinger is a practicing accountant with a variety of accounting experiences, encompassing his own management company as well as other corporate entities and enterprises. In addition to his strong financial background he has extensive experience as a Manager holding a number of senior positions in private industry, some of which allowed him to gain valuable insight working alongside First Nations and Inuit peoples. For the past six years he has held the position of Treasurer on the Board of the Manitoba Lacrosse Hall of Fame& Museum. John is currently accounts manager for a large local private enterprise. John brings to the Board valuable experience with the administrative processes of past and current provincial statues.
On behalf of Whitewater Capital Corp.
"Gary F. Zak
Gary F. Zak
Chief Executive Officer
Email: gzak1@shaw.ca
Tel: 604-802-7551
This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither The Canadian Securities Exchange nor its Regulations Services Provider (as that term is defined in the policies of the The Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
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