Sonor Investments Limited

July 30, 2015 12:18 ET

Sonor Investments Limited Announces Resignation of Tom Vandepeer as President and Declares Dividend on Its First Preference Shares

TORONTO, ONTARIO--(Marketwired - July 30, 2015) - Sonor Investments Limited (TSX VENTURE:SNI.PR.A) -

Michael R. Gardiner, Chairman and CEO, reported today that Thomas B. Vandepeer has tendered his resignation as President of Sonor Investments Limited effective July 15, 2015. Mr. Gardiner will assume the duties of the President until a new President is appointed.

Mr. Gardiner stated, "We thank Tom for the help he has given us in managing our Company. We really appreciate his contribution."

Mr. Gardiner also reported that a semi-annual eligible dividend of $0.225 per share on the Corporation's 9% First Preference Shares has been declared payable on September 15, 2015 at a meeting of its Board of Directors. The dividend will be paid to shareholders of record at the close of business on September 1, 2015.

The 9% First Preference Shares are listed on the TSX Venture Exchange under the symbol SNI.PR.A.

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

Contact Information

  • Sonor Investments Limited
    Mr. Michael R. Gardiner
    Chairman and CEO
    (416) 369-1499

    Sonor Investments Limited
    Mr. Stephen Mills
    Treasurer & CFO
    (416) 369-1499