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Torrent Capital Appoints Carl Sheppard as President and Chief Operating Officer

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Torrent Capital (TSXV: TORR) has appointed Carl Sheppard as President and Chief Operating Officer. In his new role, Sheppard will lead the company's long-term strategy for business development, working alongside CEO Wade Dawe to oversee operations and identify new investment opportunities. He will focus on expanding strategic business consulting services and supporting the growth of Argentia Capital Inc. (ACI), where he serves as Interim CEO. ACI, a joint venture between Torrent and Port of Argentia Inc., focuses on port infrastructure construction and services in Newfoundland and Labrador. Sheppard brings significant experience as a senior advisor to Canadian resource organizations and has held various officer and board positions across private and public sectors.

Torrent Capital (TSXV: TORR) ha nominato Carl Sheppard come Presidente e Direttore operativo. Nel suo nuovo ruolo, Sheppard guiderà la strategia a lungo termine dell'azienda per lo sviluppo commerciale, lavorando insieme al CEO Wade Dawe per supervisionare le operazioni e identificare nuove opportunità di investimento. Si concentrerà sull'espansione dei servizi di consulenza strategica aziendale e sul supporto alla crescita di Argentia Capital Inc. (ACI), dove ricopre il ruolo di CEO ad interim. ACI, una joint venture tra Torrent e Port of Argentia Inc., si occupa della costruzione e dei servizi infrastrutturali portuali in Newfoundland e Labrador. Sheppard porta con sé una significativa esperienza come consulente senior per organizzazioni canadesi nel settore delle risorse e ha ricoperto varie posizioni dirigenziali e nei consigli in settori privati e pubblici.

Torrent Capital (TSXV: TORR) ha nombrado a Carl Sheppard como Presidente y Director de Operaciones. En su nuevo papel, Sheppard liderará la estrategia a largo plazo de la empresa para el desarrollo comercial, trabajando junto al CEO Wade Dawe para supervisar las operaciones e identificar nuevas oportunidades de inversión. Se centrará en expandir los servicios de consultoría empresarial estratégica y apoyar el crecimiento de Argentia Capital Inc. (ACI), donde ocupa el cargo de CEO interino. ACI, una empresa conjunta entre Torrent y Port of Argentia Inc., se enfoca en la construcción de infraestructura portuaria y servicios en Terranova y Labrador. Sheppard aporta una experiencia significativa como asesor senior de organizaciones de recursos canadienses y ha ocupado varios puestos directivos y en juntas en sectores privados y públicos.

토렌트 캐피탈 (TSXV: TORR)는 칼 쉐퍼드를 사장 겸 최고 운영 책임자로 임명했습니다. 그의 새로운 역할에서 쉐퍼드는 회사의 장기 비즈니스 개발 전략을 이끌며 CEO 웨이드 다웨와 협력해 운영을 감독하고 새로운 투자 기회를 발굴할 것입니다. 그는 전략적 비즈니스 컨설팅 서비스 확대와 아르젠티아 캐피탈 Inc. (ACI)의 성장을 지원하는 데 집중할 것입니다. ACI는 토렌트와 아르젠티아 항구 Inc. 간의 합작 투자로, 뉴펀들랜드와 래브라도에서 항만 인프라 건설과 서비스에 집중하고 있습니다. 쉐퍼드는 캐나다 자원 조직의 선임 고문으로서 상당한 경험을 가지고 있으며, 민간 및 공공 부문에서 다양한 임원 및 이사회 직책을 역임하였습니다.

Torrent Capital (TSXV: TORR) a nommé Carl Sheppard au poste de Président et Directeur des Opérations. Dans son nouveau rôle, Sheppard dirigera la stratégie à long terme de l'entreprise pour le développement commercial, travaillant aux côtés du CEO Wade Dawe pour superviser les opérations et identifier de nouvelles opportunités d'investissement. Il se concentrera sur l'expansion des services de conseil d'affaires stratégiques et sur le soutien à la croissance de Argentia Capital Inc. (ACI), où il occupe le poste de CEO par intérim. ACI, une coentreprise entre Torrent et Port of Argentia Inc., se concentre sur la construction d'infrastructures portuaires et les services à Terre-Neuve et Labrador. Sheppard apporte une expérience significative en tant que conseiller senior pour des organisations canadiennes dans le secteur des ressources et a occupé divers postes de dirigeant et de conseil dans les secteurs privé et public.

Torrent Capital (TSXV: TORR) hat Carl Sheppard zum Präsidenten und Chief Operating Officer ernannt. In seiner neuen Rolle wird Sheppard die langfristige Strategie des Unternehmens für die Geschäftsentwicklung leiten und zusammen mit CEO Wade Dawe die Betriebsabläufe überwachen und neue Investitionsmöglichkeiten identifizieren. Er wird sich auf die Erweiterung strategischer Unternehmensberatungsdienste konzentrieren und das Wachstum von Argentia Capital Inc. (ACI) unterstützen, wo er als Interims-CEO tätig ist. ACI, ein Joint Venture zwischen Torrent und Port of Argentia Inc., konzentriert sich auf den Bau von Hafeninfrastruktur und Dienstleistungen in Neufundland und Labrador. Sheppard bringt umfangreiche Erfahrung als Senior Advisor für kanadische Ressourcengesellschaften mit und hat verschiedene Leitungs- und Vorstandspostionen in privaten und öffentlichen Sektoren innegehabt.

Positive
  • Strategic expansion into port infrastructure through ACI joint venture
  • Appointment of experienced executive with extensive resource sector expertise
  • Diversification of business through consulting services expansion
Negative
  • None.

Halifax, Nova Scotia--(Newsfile Corp. - November 8, 2024) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") is pleased to announce the appointment of Carl Sheppard as President and Chief Operating Officer ("COO").

As President and COO, Mr. Sheppard will lead Torrent's long-term, high-level strategy for business development, collaborating closely with Torrent's Chief Executive Officer ("CEO") Wade Dawe to oversee operations and seek out new investment opportunities. Mr. Sheppard will also focus on expanding Torrent's strategic business consulting services, fostering joint ventures, and identifying alliances and partnerships that align with Torrent's growth objectives.

A key part of Mr. Sheppard's role will be to support the expansion of Argentia Capital Inc. ("ACI"), where he serves as Interim CEO. ACI, a joint venture between Torrent and the Port of Argentia Inc., was launched in September 2022, focusing on the construction of port infrastructure, the provision of services and developments at the Port of Argentia, Newfoundland and Labrador.

Mr. Sheppard brings extensive experience to this new role. He has served as a senior advisor and strategist to many of Canada's leading resource organizations and has been involved in numerous initiatives and business planning projects. Mr. Sheppard has also held officer and board positions across private and public sectors, equipping him with a deep understanding of advancing large-scale projects within complex environments.

Wade Dawe, CEO of Torrent Capital, comments, "I have a high level of confidence in Mr. Sheppard's proven leadership and extensive expertise in strategic business development, investment, and economic analysis."

About Torrent Capital Ltd.

Torrent Capital Ltd. is a publicly traded investment issuer that invests in private and publicly traded companies. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above market returns while providing transparency, daily liquidity and a modest fee profile compared to competing investment products. Currently, the Company is actively researching investment opportunities in the clean technology sector.

For further information, please contact:

Contacts:

Wade Dawe 
Chief Executive Officer 
Phone: 1 902 536 1976 

Carl Sheppard
President and Chief Operating Officer
Phone: 1 709 746 8453

Email: info@torrentcapital.ca

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229277

FAQ

Who is the new President and COO of Torrent Capital (TSXV: TORR)?

Carl Sheppard has been appointed as the new President and Chief Operating Officer of Torrent Capital.

What is Argentia Capital Inc.'s (ACI) relationship with Torrent Capital (TSXV: TORR)?

Argentia Capital Inc. is a joint venture between Torrent Capital and Port of Argentia Inc., launched in September 2022, focusing on port infrastructure construction and services in Newfoundland and Labrador.

What are Carl Sheppard's main responsibilities at Torrent Capital (TSXV: TORR)?

Carl Sheppard will lead Torrent's long-term strategy for business development, oversee operations, identify investment opportunities, expand consulting services, and support the growth of Argentia Capital Inc.

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