QUEBEC CITY, Quebec, Aug. 21, 2014 (GLOBE NEWSWIRE) -- ROI Land Investments, Ltd. (OTCQB:ROII) ("ROI" or the "Company"), is pleased to announce the appointment of Mr. Philippe Germain as the Company's new President and the appointment of Mr. Robert Boisjoli, FCPA, FCA, CBV and Dr. Sami B. Chaouch, Ph.D. to the Company's Board of Directors.
Philippe Germain, 30, was the CEO and co-founder of Azur & Capital Fund LP, a leader in bridge financing of land and construction projects in Canada. Azur was acquired by Partners One Capital in 2014. Mr. Germain has been responsible for securing over $50 million from private and institutional investors. Mr. Germain started his entrepreneurial career by developing 140 storage units in Quebec City, from the initial land acquisition, through construction and daily operations. Being fluent in French, English and German, he was then able to work on several successful projects in both Europe and North America, showcasing his ability to raise capital, implement solid business models and gain the interest of private and institutional investors. Mr. Germain has a combined degree in economics and political sciences with specialization in finance and statistics from Laval University.
Mr. Germain, stated, "I am delighted to accept this exciting and challenging position as President of ROI. I am also grateful to the board and shareholders for granting me this responsibility. ROI represents a new era of Land Investment Banking and I am honored to be part of such stellar team of professionals."
Mr. Robert Boisjoli, FCPA, FCA, CBV is Chairman of Palos Management, President of Atwater Financial Group, a company specializing in financial advisory work including mergers and acquisitions, and a partner at Robert Boisjoli & Associates S.E.C., a consulting firm specializing in business valuations. Mr. Boisjoli was the co-founder and CEO of Xanthus Pharmaceuticals, Global SeaFarms Corporation and AKESOgen, Inc. Mr. Boisjoli also sits on the Boards of Directors of both private and publicly traded companies as well as various not-for-profit organizations in the community and within his profession. He also acts as Chief Financial Officer for Adventure Gold Inc., a Toronto Stock Exchange listed company under the symbol of TSX-V: AGE. Mr. Boisjoli will also serve on the Company's Audit Committee.
Mr. Boisjoli stated, "ROI's business model of acquiring land is based on its ability to seek out changing markets rapidly using information researched by our experienced management team. I look forward to the opportunity to play a role in assisting this passionate group of entrepreneurs in our pursuit of significant returns for our shareholders"
Dr. Sami Chaouch, Ph.D. received his degree in Finance from the University Paris-Dauphine in 1990. Dr. Chaouch was Associate Professor of Finance, at HEC Carthage (Tunisia) and Managing Director of Amen Invest, a Tunisian-based and regulated brokerage firm from 1991 to 1993. Dr. Chaouch was Business Development Director for Swicorp Investment Bank (www.swicorp.com) based in Jeddah, Saudi Arabia from 1993 to 1994. Dr. Chaouch obtained several high profile jobs from 1994 through 2009 at locations ranging from Paris and Cairo before becoming an Advisor and M&A head for TQS TV Group in Montreal. Dr. Chaouch is also a financial advisor, to RMP Fund, a joint venture between Caisse des Dépots, Fonds FTQ and Remstar to invest in movies.
Dr. Chaouch stated, "It's an honor to be nominated to ROI's Board of Directors. ROI fills a unique need in the market place, which is significantly underserved in North America. I'm proud they've invited me to join."
The Board's mandate is to assist the Company with management and guidance, developing strategies for funding, improving capital structure, identifying new opportunities and technical expertise in the development of the Company's businesses. Mr. Boisjoli and Dr. Chaouch will specifically focus on evaluating opportunities on land acquisition, governance decision, corporate financing and introducing the Company to additional institutional investors.
Mr. Sebastian Cliche, former President of the Company and Member of the Board of Directors stated, "I welcome everyone to the team. I have worked very closely with Philippe Germain for the past several years. His passion for business is extraordinary and I am confident that Philippe's new roll as President the Company should accelerate the Company to meet its financial goals. I also want to welcome our new Directors to the board. Mr. Robert Boisjoli and Dr. Sami B. Chaouch, Ph.D. with their specific set of skills and experience shall be of great value managing our operations and our commitment to our shareholders."
About ROI Land Investments, Ltd.
ROI Land Investments, Ltd. ("ROI") is a real estate investment company specializing in land development. ROI's business model consists of acquiring attractive land developments pre-zoned or free of zoning restrictions, obtaining the necessary development permits, outsourcing the development of the infrastructure and profiting from the sale of the subdivided land units to real estate developers.
SAFE HARBOR AND INFORMATIONAL STATEMENT This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
For more information please visit our website: www.roilandinvestments.com