Semcan Inc.
TSX VENTURE : STT

Semcan Inc.

September 18, 2007 16:53 ET

Semcan Inc. Announces Appointment of Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - Sept. 18, 2007) - Semcan Inc. (TSX VENTURE:STT) ("Semcan") is pleased to announce the appointment of John Wilby as Chief Financial Officer, replacing Barbara Love. Barbara Love will continue to assist Semcan in a consulting capacity. At this time Semcan would like to thank Barbara Love for her contribution to the Company.

Having earned a Bachelor of Commerce from Queen's University, John qualified as a Chartered Accountant with Touche Ross & Co (now Deloitte) in Toronto in 1988. After leaving public practice in 1999, he spent the past sixteen years in the private sector working for major corporations.

Commenting on the appointment, Chairman and CEO Philip Jamieson said:

"The appointment of John Wilby as Chief Financial Officer is a timely move. Semcan has tripled its size in the last six months with the acquisitions of Ken-Co Industries and Stanco Projects. John's twenty years of experience will provide Semcan with the financial depth required as we continue to grow."

The Board is also very pleased with the appointment of John Wilby to the position of Chief Financial Officer. John is very highly regarded, a consummate professional and the ideal person for this important role.

About SEMCAN

SEMCAN is a green-oriented growth company expanding through acquisitions within the industrial and distribution sectors. Its two operating divisions, Engineering & Design and Distribution & Product Development, comprise well managed profitable companies. SEMCAN places a special emphasis on 'clean tech' businesses involved in environmental solutions such as environmental engineering and water treatment. SEMCAN provides growth capital as well as administrative functions and works with existing management allowing them to remain focused on bottom line profitability. SEMCAN grows the acquired companies both organically and through further complementary acquisitions, thereby increasing shareholder value.

Contact Information

  • Semcan Inc.
    Phil Jamieson
    Chairman
    (416) 703-1692