NorRock Realty Finance Corporation

NorRock Realty Finance Corporation

October 15, 2013 14:56 ET

NorRock Realty Finance Corporation Announces Appointment of Officer

TORONTO, ONTARIO--(Marketwired - Oct. 15, 2013) - NorRock Realty Finance Corporation (TSX VENTURE:RF.H) ("NorRock" or the "Corporation") announces today that as the Corporation is working to reactivate as an active business and move from NEX to be listed on TSX Venture Exchange, Raymond Steele has been appointed as Chief Financial Officer of the Corporation. Mr. Steele was initially appointed as interim Chief Financial Officer of the Corporation on September 15, 2012.

Mr. Steele has over 25 years of experience as an investment professional managing money for pension funds, mutual funds, and other institutional clients. In addition he has a vast array of experience with the marketing, administrative, technological, and regulatory aspects of the investment management business. He was a founder, investment manager, and CFO of Mavrix Fund Management Inc, a TSX listed company, from 2001 to 2010. Mr. Steele has a B.Comm. from the University of Ottawa, is a Certified Management Accountant, and a Chartered Financial Analyst.

NorRock Realty Finance Corporation

The Corporation is a mutual fund corporation incorporated under the laws of the Province of Ontario. The Corporation was initially created to obtain exposure to the investment performance of an actively managed portfolio of secured loans and investments in the Canadian commercial real estate sector on a tax-efficient basis. The Corporation is currently listed on NEX, which is a separate board of the TSX Venture Exchange designed for companies that have ceased to carry on an active business.

Certain statements included in this news release constitute forward-looking statements including statements identified by the words "plan", "will" and "intend", and similar expressions or the negative thereof. The forward-looking statements are not historical facts but reflect the

Corporation's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Readers are cautioned not to place undue reliance on forward-looking information. The Corporation undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information except as required by law.

Neither TSX Venture Exchange nor its Regulator Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • NorRock Realty Finance Corporation
    Jacqueline Boddaert
    Chief Executive Officer
    (416) 479-9510 x305
    1-866-362-2469 (FAX)