Dane Creek Capital Corp. Announces Appointment of New Executive Leadership for its Nova Scotia Operations

Mississauga, Ontario – August 9, 2017. Dane Creek Capital Corp. (‘DCCC’ or the ‘Company’), a merchant bank with a focus on the companion animal industry, is pleased to announce it has added two senior executives to lead its growing operations in Nova Scotia.

Alexandra McCann has been appointed Chief Operating Officer of Dockside Investco Inc., DCCC’s wholly owned holding company in Nova Scotia. Ms. McCann will be responsible for supervising and supporting the management teams for DCCC’s Nova Scotia-based portfolio companies including Midgard Insect Farm Inc., a leading researcher and producer of cricket meal and frass, and Dockside Pet Products & Services Inc., the first manufacturer of pet treats and meal mixers using only rescued fresh food from farms and sustainable ingredients.

Ms. McCann will also be appointed Chief Executive Officer of the company that will represent DCCC’s recently announced acquisition of the non-manufacturing pet assets of Nature’s Way, the manufacturer of high end omega-3 oil supplements for dogs and cats based in Dartmouth, Nova Scotia. The company name will be revealed at closing which is expected by the end of September.

Ms. McCann brings over 15 years of experience in international business to her new role including export finance, project finance, debt restructuring and international trade and investment. She has most recently served as lead Investment Attraction Executive for the Agri-Food, Seafood, and Bio-Resources portfolio at Nova Scotia Business Inc. (‘NSBI’), a company dedicated to attracting globally competitive companies to invest in Nova Scotia and growing exports for businesses in the province. She has also led the Clean Tech, Ocean Technology and Life-Sciences portfolio at NSBI. Prior to that, Ms. McCann held a number of positions at the Export-Import Bank of the United States.

Ms. McCann holds a double Bachelor of Arts in Anthropology and Asian Studies from the University of Virginia and a Master of Arts from the University of London’s School of Oriental and Asian Studies. She currently sits on the boards of the University of King’s College and the Inspirit Foundation.

DCCC has also appointed Jeremy Moule as Chief Financial Officer of Dockside Investco Inc. Mr. Moule will be responsible for the accounting and finance requirements of DCCC’s operations in Nova Scotia including Midgard Insect Farm Inc. and Dockside Pet Products & Services Inc.

Mr. Moule brings over 8 years of finance experience most recently serving as Finance Manager at Athletigen Technologies. He received a Bachelor of Arts in History from Acadia University and his MBA from Saint Mary’s Sobey’s School of Business. Mr. Moule earned both his CPA and CMA designations in 2015.

Both Ms. McCann and Mr. Moule will assume their new roles beginning in September.

“We are delighted to have these two young and dynamic professionals join our team,” said Mark Warren, one of the founding partners at DCCC and Chairman and CEO of Dockside Investco. “We expect both will have an immediate positive impact on our existing businesses in Nova Scotia as well as help develop strategies and identify new business opportunities with a focus on expanding our pet industry business hub in the province.”

DCCC has previously commented on its intention to drive economic growth in Nova Scotia through the development of a pet industry business hub, creating up to 250 new jobs. These latest appointments will add to the growing number of employment opportunities the Company has developed through its business initiatives and signal more to come as its portfolio under Dockside Investco expands.

 

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The Pethealth Story

DCCC Chairman & CEO Mark Warren is the founder and former President & CEO of Pethealth Inc. which he formed in 1998. Under his leadership, Pethealth became the leading aggregator of new pet and pet owner data, the largest provider of cloud-based software to the companion animal industry, one of the largest providers of pet insurance in the US, UK & Canada and the world’s largest provider of companion animal microchip technology.

Pethealth was acquired by Fairfax Financial Holdings Limited (‘Fairfax’) in November, 2014 for all cash consideration of C$100M representing 2.1x twelve months trailing revenue, 19.6x twelve months trailing EBITDA and a 69% premium to the common share price.

So Why us?

We are entrepreneurs ourselves. We understand the challenges you face and have hands on experience turning good ideas into profitable ventures.

We know the pet industry and we’ll lend our strategic insights to the advancement of your business, whether you’re looking to sell or seeking investment.
Our review process is fast. We personally select each investment and work with our small board of directors and investment committee groups to make quick decisions.
Once approved, you’ll have sale proceeds or investment funds in hand in 60-90 days. 
We provide back office management support so you can focus on what matters most, whether that’s moving onto your next venture or growing your business in partnership with us.

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Phone: +1 (905) 291-0103
Fax: +1 (905) 296-1165

Mark Warren

COFOUNDER,
CHAIRMAN & CEO

Glen Tennison

COFOUNDER,
PRESIDENT & CFO