Callidus Invites Analysts, Shareholders to Open Forum
TORONTO, Oct. 8, 2015 /CNW/ - Callidus Capital Corporation Inc. (TSX: CBL) a provider of flexible and innovative asset-based loans, invites analysts and shareholders to an open forum about the company's strategy, prospects and performance on Tuesday October 13th, 2015 at 11:00 am Eastern Time.
What: |
Callidus Capital Corporation Open Forum |
When: |
Tuesday October 13th 2015, 11:00 a.m. (Eastern Time) |
Where: |
Bay Wellington Tower, Brookfield Place, 181 Bay Street, 47th Floor, Toronto |
Who: |
Newton Glassman, Executive Chairman and Chief Executive Officer |
"As is evident from our published results, Callidus has achieved or exceeded both management and analyst expectations of operating performance; there remains a need for education about the company's business model, unique competitive advantage, underlying value and benefits for public shareholders," Mr. Glassman said. "As we have said consistently, we welcome questions, dialogue, fact-based debate, and even challenge, while respecting our fiduciary duty to our shareholders. That is what we hope to get at this forum."
Guests wishing to participate in person are requested to reserve seats in advance by calling or emailing the company at the email address below. Questions to management may include any matter related to the company, with the caveat that management will respect both Canadian securities laws and its legal duties to borrowers. Please note that no video or photography will be permitted.
About Callidus Capital Corporation
Established in 2003, Callidus Capital Corporation is a Canadian company that specializes in innovative and creative financing solutions for companies that are unable to obtain adequate financing from conventional lending institutions. Unlike conventional lending institutions which demand a long list of covenants and make credit decisions based on cash flow and projections, Callidus credit facilities have few, if any, covenants and are based on the value of the company's assets, its enterprise value and borrowing needs. Callidus employs a proprietary system of monitoring collateral and exercising control over the cash inflow and outflows of each borrower, enabling Callidus to manage any risk of loss very effectively.
To register for the forum:
Phone: |
416.945.3003 |
Email: |
SOURCE Callidus Capital Corporation
Media enquiries: Daniel Tisch, [email protected], 416.968.7311, ext. 223
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