AltaCorp Capital is Saddened by the Passing of George Gosbee, its Principal Founding Shareholder and Chief Executive Officer

CALGARY, Nov. 13, 2017 /CNW/ - It is with great sorrow that AltaCorp Capital Inc. (AltaCorp) advises its clients, business partners and the investment community that George Gosbee died suddenly yesterday. George was a force in the investment community and his loss will be felt by many. 

AltaCorp's board of directors and executive team have met and are taking appropriate steps to address the regulatory, corporate and legal requirements arising from this tragic event. As part of AltaCorp's previous succession planning, Paul Sarachman will assume the role of Chief Executive Officer to ensure continuity and oversee that it is business as usual under the circumstances. He and the executive team will be addressing all matters requiring the transition of George's responsibilities over the coming days and weeks. 

AltaCorp will further update its clients, business partners and the investment community over the course of the required transition.

On behalf of George's family, we ask that you respect their privacy during this time of grieving.

About AltaCorp Capital Inc.

AltaCorp Capital provides advisory and institutional services including Corporate Mergers & Acquisitions, Equity Financings, Debt Capital Markets, Acquisitions & Divestitures, Equity Research and Sales & Trading, to corporations driving Western Canada's key economies: Energy, Agri-Industry, and Energy Infrastructure & Industrials. AltaCorp is in a strategic partnership with ATB Financial, Alberta's largest financial institution with assets over $37.7 billion. ATB provides Commercial Lending, Business & Agriculture Industry Banking, and Retail and Investment Services. AltaCorp Capital is a member of IIROC, CIPF, FINRA, and SIPC.

SOURCE AltaCorp Capital Inc.

Shauna MacDonald, Brookline Public Relations for AltaCorp Capital Inc., Cell: 403-585-4570, Email: [email protected]