TriNorth announces new CFO

TSXV:TRT

TORONTO , Dec. 9 /CNW/ - TriNorth Capital Inc. ("TriNorth") (TSX.V: TRT) announces that John Anderson , CA has been appointed as the Company's new Chief Financial Officer.

Mr. Anderson was the Chief Financial Officer of Impax Energy Services Income Trust, an income trust, until May 2009 . Mr. Anderson has also been the Chief Financial Officer of Tailwind Financial Inc., a special acquisition company, since April 2007 , and Chief Executive Officer and Chief Financial Officer of LPBP Inc., since May 2004 .

He was the Chief Financial Officer of The T. Eaton Company Limited and was also with Ernst & Young LLP for more than 24 years, the last 14 years as Partner. Mr. Anderson was Chairman of the Board of Directors of Ridley College. Mr. Anderson holds a Bachelor of Arts degree from the University of Toronto and is a chartered accountant in Canada .

Mr. Anderson replaces Mr. Matthew Hoang as CFO. The Board and management would like to thank Mr. Hoang for his contributions to TriNorth while serving as CFO.

About TriNorth:

TriNorth is a Canadian-based investment company that invests in a diversified portfolio of companies to generate long-term capital growth for shareholders. TriNorth takes an active interest in its investee companies from the earliest stages, providing strategic and financial counsel, support and direction to assist in their growth and success. TriNorth's investment strategy includes structuring and initiating deals focused on particular resources, themes or regions as well as launching the development of businesses in select industries by providing assistance with the hiring of management teams, providing seed capital and facilitating IPOs. All investment activities of TriNorth are managed by Lawrence Asset Management Inc, a leading Canadian alternative investment asset manager. For more information please see, www.trinorthcapital.com.

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

For further information: Catherine Stretch, TriNorth Capital Inc., [phone], [email protected]; John Pennal, President & Director, [phone], [email protected]