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TIMIA Capital nominates three new directors to its board

Jan Lederman of Valhalla Prive Capital, Paul Geyer of Discovery Parks and Nimbus Synergies, and Robert Napoli of Promerita Capital Partners have each been nominated
Michael Volker, the current chairman, and James Pratt are retiring from the board

TIMIA Capital Corp (CVE:TCA, OTCMKTS:TIMCF) is nominating three new members to its board of directors, the company announced Wednesday.

Jan Lederman, president and co-founded of Valhalla Prive Capital; Paul Geyer, CEO of Discovery Parks and Nimbus Synergies; and Robert Napoli, principal and managing director and co-founder of Promerita Capital Partners have each been nominated.

The trio is expected to be added to the board at the Vancouver financing company’s annual general meeting in May.

"TIMIA is at a key inflection point of its growth, and Paul, Jan and Robert will strengthen our board through this next phase of the company's evolution," CEO Mike Walkinshaw, said. "These new board members bring executive experience from private equity organizations, US public companies, and technology lending, making them a great strategic fit for the board."

DEEP DIVE: TIMIA Capital's revenue-based financing aims to lever up tech entrepreneurs

Jan Lederman, in addition to her work at Valhalla, is a director at Genome Canada and the former chair of the board at the University of Manitoba. She is a retired senior partner at Thompson Dorfman Sweatman LLP, and a co-founder of Innovate Manitoba, non-profit focused on increasing access to capital.

Paul Geyer has led multiple medtech companies over the past 25 years. He was the founder and CEO of the Medical Ventures Corp, which became Nevosac, and he rains chairman of the board. He served as CEO and chairman for LightIntegra Technology for eight years, and got his start in 1991 when he founded Mitroflow, a heart valve company.

Before his time at Promerita, Robert Napoli was the co-founder and vice president of First West Capital, a debt and mezzanine finance provider. He has completed more than 80 deals in varying industrials, including acquisitions, buyouts and growth financing. He was also formerly president of the British Columbia chapter of the Association for Corporate Growth.

Michael Volker, the current chairman, and James Pratt are retiring from the board. Director Howard Atkinson is likely to take over as chair.

TIMIA provides financing to tech companies in Canada. Shares held at C$0.23 in Toronto and at US$0.17 on OTC markets. 

Contact Andrew Kessel at [email protected]

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