Campar Capital Corporation announces appointment of Martin Liddell as Chief Financial Officer

TORONTO, Dec. 18, 2015 /CNW/ - Campar Capital Corporation (the "Corporation") (TSXV: CHK.P), a capital pool company, is pleased to announced that Mr. Martin Liddell has been appointed by its board of directors as Chief Financial Officer and Secretary effective December 18, 2015.

Mr. Liddell brings significant senior management experience in finance, strategic planning, mergers and acquisitions and corporate governance and most recently served as the Chief Financial Officer of True North Apartment Real Estate Investment Trust until its acquisition by Northern Property Real Estate Investment Trust.  Mr. Liddell holds a Bachelor of Arts (Honours) in accounting and finance from Liverpool John Moores University, United Kingdom, and received his Chartered Accountant designation in 1995. Mr. Liddell is a member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Pursuant to the Corporation's stock option plan and in accordance with the policies and approval of the TSX Venture Exchange, the Board of Directors has approved a grant of 375,000 stock options to Mr. Liddell. These options vest equally over a period of 3 years and are exercisable on or before December 18, 2020 at an exercise price of $0.1125 per common share.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward looking statements are provided for the  purposes of assisting the reader in understanding the Corporation's performance and to present information about management's current expectations and plans relating to the future and readers are cautioned such statements may not be appropriate for other purposes. Forward-looking information may relate to future results, performance, achievements, events, prospects or opportunities for the Corporation. Some of the specific forward looking statements in this news release include the Corporation's completion of a "Qualifying Transaction" under the capital pool company program of the TSX Venture Exchange and a reorganization by way of plan of arrangement.

Forward looking statements necessarily involve known and unknown risks and uncertainties, that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, assumptions may not be correct and objectives, strategic goals and priorities will not be achieved. A variety of factors, many of which are beyond the Corporation's control, affect the operations, performance and results of the Corporation and its business, and could cause actual results to differ materially from current expectations of estimated or anticipated events or results. The reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward looking statements as there can be no assurance actual results will be consistent with such forward looking statements.

Information contained in forward looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management's perceptions of historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While management considers these assumptions to be reasonable based on currently available information, they may prove to be incorrect. The forward-looking information included in this news release relates only to events or information as of the date hereof. Except as specifically required by applicable Canadian law, the Corporation undertakes no obligation to update or revise publicly any forward-looking information, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

SOURCE Campar Capital Corporation

For additional information, please see the Prospectus of the Corporation dated October 8, 2014 or contact: Daniel Drimmer, Chief Executive Officer, Tel: [phone]; Martin Liddell, Chief Financial Officer, Tel: [phone]