Imvescor announces departure of Chief Financial Officer

  • Denis Richard to act as Interim Chief Executive Officer
  • Stéphane LeBlanc appointed Chief Financial Officer

MONCTON, N.B., Oct. 1, 2013 /CNW Telbec/ - Imvescor Restaurant Group Inc. (the "Company") (TSX: IRG) announced today that Ms. Ming-Ming Wong, Chief Financial Officer and Interim Chief Executive Officer of the Company, has indicated to the Board of Directors that she would be leaving the Company.

As a result of the departure of Ms. Wong, Mr. Denis Richard, a director and former Chief Executive Officer of the Company, will act as Interim Chief Executive Officer, and Mr. Stéphane LeBlanc, Vice President Finance of the Company, will be appointed Chief Financial Officer.

"We wish to heartily thank Ming-Ming for her many years of service to Imvescor" said Mr. Robb Chase, Chairman of the Board of Directors. "The Board of Directors continues the process initiated in June to identify a new Chief Executive Officer", added Mr. Chase.

About Imvescor Restaurant Group Inc.

Headquartered in Moncton, New Brunswick, Imvescor Restaurant Group owns franchised and corporate stores throughout Canada, under four brands: Pizza Delight® operates primarily in Atlantic Canada, where it dominates the family/mid-scale segment. Mikes® and Scores® restaurants operate primarily in Quebec in the family and casual dining segments and the take-out and delivery segments. Bâton Rouge® operates in Quebec, Ontario, Alberta and Nova Scotia in the casual dining segment.

Cautionary Note Regarding Forward-Looking Statements

Certain information in this press release regarding the Company, including, but not limited to, the Company's business objectives, strategies and priorities, and other statements that are not historical facts, are "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements involve known and unknown risks, uncertainties and other factors outside the Company's control referenced in the Company's continuous disclosure filings which are available on SEDAR at www.sedar.com. Although the forward-looking statements contained herein are based upon what the Company believes to be reasonable assumptions on the date of this press release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The Company assumes no obligation to update such forward-looking statements to reflect new information, future events or otherwise, except as required by applicable securities laws.

SOURCE Imvescor Restaurant Group Inc.




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