Grey Horse Corporation

Grey Horse Corporation

October 25, 2005 09:00 ET

Financial Services Executive Joins Grey Horse Capital Board of Directors

TORONTO, ONTARIO--(CCNMatthews - Oct. 24, 2005) - Grey Horse Capital Corporation (TSX VENTURE:GHC) ("Grey Horse Capital") is pleased to announce the appointment of Mr. Thomas W. Cryer, FCA to the Board of Directors of Grey Horse Capital effective immediately.

Mr. Cryer is a recently retired senior Partner with Deloitte and Touche LLP. Over the years, his executive responsibilities at Deloitte have included Executive Chairman of Nautilus Indemnity Holdings, a Deloitte global captive insurance company; Regional Managing Partner of Latin America and the Caribbean; Global Managing Partner of Audit and Accounting; and CEO and Chairman of Deloitte Canada. The preceding responsibilities placed Mr Cryer in Deloitte's most senior global executive offices including the global management and executive Committees and Board of Directors. Tom has also been extensively involved in business associations and charitable organizations, including the World Economic Forum, Canadian Council of CEOs, the Institutes of Chartered Accountants of BC and of Ontario, the Canadian Mental Health Association, and St. John's Ambulance.

"We are very pleased to have Tom join our board," stated Kevin Reed, President and CEO of Grey Horse Capital. "His impressive career in the financial services industry, in Canada and throughout the Americas, will bring another valuable dimension to our board as we seek to grow our company."

About Grey Horse Capital

Grey Horse Capital, through its wholly owned subsidiary, Equity Transfer Services Inc., provides transfer agent services to issuers in the North American capital markets. As at October 25, 2005 Grey Horse Capital had 3,133,327 common shares issued and outstanding.

Certain information included in this press release is forward-looking and may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Grey Horse Capital's growth, the state of the financial markets, regulatory risks and other factors. Unless otherwise required by applicable securities laws, Grey Horse Capital disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about potential factors that could affect Grey Horse Capital's financial and business results is included in public documents Grey Horse Capital files from time to time with Canadian securities regulatory authorities.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • Grey Horse Capital Corporation
    Kevin Reed
    President and CEO
    (416) 361-0930 ext 271