February 14, 2022
Automotive Finco Corp. Announces Board Resignation and Appointment of a New Director
TORONTO, ONTARIO February 14, 2022 – Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) announced today that Mr. Kail Ross resigned as a director of the Company on February 7, 2022. The Board wishes to thank Mr. Ross for his contributions to the Company and wishes him success in his future endeavours.
Subject to regulatory approval, Kuldeep Billan has been appointed to the Company’s board of directors, effective February 11, 2022, to serve alongside Farhad Abasov and Curtis Johansson. Mr. Billan is currently the Chief Executive Officer of the Company.
About Automotive Finco Corp.
Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing opportunities across the auto retail sector.
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 please refer to the Company's website at www.autofincocorp.com or contact Shannon Penney, Chief Financial Officer, at shannon.penney@rogers.com or (905) 619-4996.