TORONTO, June 26, 2012 /CNW/ - HDL Capital Corporation ("HDL" or the "Company") has completed a re-capitalization, resulting in a change of control. In conjunction with this transaction Mr. Tyler Lang, who has been with the Company since 1999, has been appointed President and Director of HDL. Mr. Bernard Grybowski, HDL's founder, will remain a shareholder and Board observer.
At HDL's next Shareholder's Meeting, additional Board of Directors members are expected to be nominated by the incoming shareholders who include Mr. Gary Yeoman, Mr. Peter Schwartz, Mr. Andrew Osmak, Mr. Michael Cappuccitti, and Mr. Don Gray. Please visit www.hdlcapital.com for complete biographies. All new Director nominations will be subject to regulatory review and approval.
"I am excited to take HDL in a new direction, building upon nearly 20 years of company history. We will be expanding the scope of HDL by tapping into the wealth of industry expertise our new group of shareholders and upcoming Board of Directors will bring to the table" commented Tyler Lang, President of HDL.
About HDL Capital Corporation
Founded in 1993, HDL Capital Corporation is a Toronto-based investment bank and Exempt Market Dealer focused on completing Financing and M&A transactions for companies with enterprise values in the $5-50 million range. HDL's clients are private and public corporations across a range of industry sectors including Manufacturing, Retail, Restaurant/Hospitality, Software, Technology, Telco, Wireless, Media, Entertainment, Financial Services, and Real Estate Services.
To learn more visit: www.hdlcapital.com