Boardwalk Announces New Directorship.CALGARY, Alberta--(BUSINESS WIRE)--Sept. 22, 1997-- Boardwalk(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). BEI. ) Boardwalk Equities Inc. ("BEI" on the Toronto and Alberta Stock Exchanges) is extremely pleased to announce the appointment of Mr. Michael D. Young as a member of the Directors of Boardwalk Equities Inc., effective September 18, 1997. Mr. Young is a graduate of the University of Western Ontario Western is one of Canada's leading universities, ranked #1 in the Globe and Mail University Report Card 2005 for overall quality of education.[2] It ranked #3 among medical-doctoral level universities according to Maclean's Magazine 2005 University Rankings. and has been active in the securities business since 1970, at which time he was a founding partner of Gordon Capital Corporation. In 1976, Mr. Young moved to Dallas, Texas in order to form his own real estate brokerage investment and consulting firm. In a ten year period, his firm facilitated the acquisition, disposition and financing of over $1.5 billion of large scale commercial and multi-family properties in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . Mr. Young subsequently re-established his relationship with Gordon Capital through the formation of Gordon & Young, a joint venture company which was responsible for debt and equity financings as well as major acquisition and disposition of real estate throughout Canada and the United States. Mr. Young joined CIBC Wood Gundy CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by CIBC. CIBC Wood Gundy is a division of CIBC World Markets. Canadian Imperial Bank of Commerce Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2. as managing director and co-head of the firm's real estate banking group in 1994, and is considered instrumental in the resurgence of interest in real estate markets across North America. Mr. Young served as the Chairman of the Corporate Committee at the Dallas Museum of Art The Dallas Museum of Art is an art museum located in the Arts District of downtown Dallas, Texas, USA along Woodall Rodgers Freeway between St. Paul and Harwood. History , and as a former member of the Canadian Bobsled Team, was inducted into Canada's Sports Hall of Fame Canada's Sports Hall of Fame is a hall of fame located in Toronto and established in 1955 to "preserve the record of Canadian sports achievements and to promote a greater awareness of Canada's heritage of sport. in 1965. Boardwalk is fortunate to receive the guidance and direction from such an accomplished member of the real estate and securities industry and looks forward to the valuable contributions which he is sure to make toward the Company's future success. Boardwalk Equities Inc. is a customer oriented, technologically advanced real estate company specializing in the acquisition, management and ownership conversion of multi-family residential projects throughout Western Canada. The Company currently owns and is under contract to acquire approximately 10,100 residential units in major cities in Alberta and Saskatchewan with a total net rentable area of over 8.7 million sq.ft. in its portfolio. Fax back information service is also available at 403/531-9321. Information can also be found on the Internet at http://www.bwalk.com . The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and The Alberta Stock Exchange have neither approved nor disapproved the information contained herein. CONTACT: Boardwalk Equities Inc. Sam Kolias, 403/531-9123 403/531-9321 (Automatic Faxback) or Boardwalk Equities Inc. George Reti RETI - RTI , 403/531-9123 or Boardwalk Equities Inc. Kevin Screpnechuk, 403/531-9123 or Boardwalk Equities Inc. Massimo Geremia, 403/531-9123 |
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