Fintech

Montfort's TIMIA Capital Appoints New President, Monique Morden

Montfort's TIMIA Capital Appoints New President, Monique Morden

~The new appointment comes as TIMIA founder and CEO, Mike Walkinshaw , focuses on leading Montfort Capital, TIMIA's parent company~

Montfort Capital Corporation ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF) a leading alternative lender utilizing focused strategies, experienced management teams and advanced technology, is pleased to announce Monique Morden as the new President of TIMIA Capital Corporation ("TIMIA"), a wholly-owned Montfort company. Founder and former CEO of TIMIA, Mike Walkinshaw is now primarily focusing on his role as CEO of Montfort .

"With the continued growth of Montfort , I am delighted to announce Monique Morden's appointment as President of TIMIA Capital," said Mike Walkinshaw , CEO of Montfort . "Monique brings to TIMIA a wealth of leadership experience building and scaling successful startups in the technology space, giving her unique insight into the audience that TIMIA serves.  TIMIA has grown significantly over the past twelve months and with the addition of Monique and the continued hard work of the TIMIA team we expect that trend to continue into 2023."

Morden is a serial entrepreneur, angel investor, and advisor to technology startups, particularly in the fintech space. She founded JUDI.AI, a technology company that serves the SMB banking space, and served as its Chief Executive Officer, Chief Revenue Officer, and remains as an advisor to the board.

TIMIA Capital provides private credit solutions to recurring revenue technology companies across North America . Morden's role as President will see her leading the day-to-day operations at TIMIA, including both the underwriting and origination sides of the business.

"I am very impressed at the work of the talented team at TIMIA and their achievements over the past 8 years," said Monique Morden , President of TIMIA Capital. "We have an incredible opportunity to help founders grow in both good and challenging economic times. I look forward to working with this great team, building on their past successes and creating new opportunities for TIMIA in the SaaS and tech-enabled services space."

About TIMIA Capital Corporation

Founded in 2015, TIMIA Capital offers flexible debt solutions to capital efficient B2B SaaS companies generating $2 to $20 million in annual recurring revenue. Our non-dilutive financing solutions complement or replace an equity round and provide access to a large amount of capital to help companies accelerate growth while retaining ownership and control of their business. For more information visit timiacapital.com

About Montfort Capital Corporation

Montfort manages a diversified group of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee-related performance. Montfort facilitates transparency for all of its investors through public company reporting. For further information, please visit www.montfortcapital.com

Neither the 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 news release.

Forward-Looking Information

Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting the future growth of the Company and the Company's future financial performance.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the assumption that the Company and its investee companies are able to meet their respective future objectives and priorities and assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company.

Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Montfort's business. Material risks and uncertainties applicable to the forward-looking statements set out herein include but are not limited to: intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations and risk of litigation. Although Montfort has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Montfort . Accordingly, readers should not place undue reliance on forward-looking statements. Montfort undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.

SOURCE Montfort Capital Corp.

Cision View original content: http://www.newswire.ca/en/releases/archive/January2023/11/c0452.html

News Provided by Canada Newswire via QuoteMedia

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Montfort's TIMIA Capital Originates $35.8 Million of Non-Dilutive Capital in 2022

Montfort's TIMIA Capital Originates $35.8 Million of Non-Dilutive Capital in 2022

~TIMIA's scalable fintech platform grew 42% year-over-year by providing non-dilutive growth capital financing for technology companies scaling SaaS products~

Montfort Capital Corporation ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF), a leading alternative lender utilizing focused strategies, experienced management teams and advanced technology, is pleased to report TIMIA Capital ("TIMIA"), a Montfort business unit, originated a total $35.8 million in loans across 23 new and follow-on investment facilities for growing technology companies in 2022.

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Montfort Capital Announces Quarterly Cash Dividend on Series A Preferred Shares

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~Montfort to pay cash dividend payment to Series A Preferred Shareholders of record on December 21st ~

Montfort Capital Corporation ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF), a leading alternative lender utilizing focused strategies, experienced management teams and advanced technology, today announced that the Company's board of directors has declared a quarterly cash dividend of $0.02 per Series A Preferred Share (each, a "Preferred Share"), payable on December 30, 2022 to Preferred Shareholders of record as of December 21, 2022 . The Company's dividend payments qualify as an 'eligible dividend' for Canadian income tax purposes.

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Montfort Capital Announces Third Quarter 2022 Financial Results

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~Montfort delivers record Q3 revenue and record net comprehensive income;
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Montfort Capital Announces Special Meeting

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~Montfort proposes two new classes of preferred shares to strengthen capital structure~

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Lake Resources NL  Appoints Gentry Brann as Chief People and Admin Officer

Lake Resources NL Appoints Gentry Brann as Chief People and Admin Officer

Sydney, Australia (ABN Newswire) - Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) today announced the appointment of Gentry Brann as its first Chief People and Administration Officer, effective immediately.

Ms. Brann will lead the Company's Human Resources functions, as well as advancing diversity and inclusion as the company expands.

"I am delighted to have Gentry join as our first Chief People and Administration Officer, which is a crucial role as Lake scales our organization globally and broadens the capabilities of the management team" Lake Resources Managing Director and CEO David Dickson said.

"Lake is immensely proud of the talent we have attracted in a variety of fields to support our lithium production projects, and Gentry will be instrumental in ensuring we have a strong talent development focus and a company culture that supports the delivery of our growth and mission."

Ms. Brann has over 25 years of experience leading HR and Communications functions.

Ms. Brann joins Lake from McDermott, where she led the company's strategic focus on inclusion and diversity, as well as human resources, communications and marketing, real estate and facilities, and global travel.

Ms. Brann joined McDermott from CB&I in 2018, where she served as Senior Vice President of Communications and Brand Management. Prior to CB&I's acquisition of The Shaw Group, she served as Vice President of Investor Relations and Corporate Communications for Shaw. Ms. Brann also held various roles at ICF International, ALSAC/St. Jude Children's Research Hospital and Archer Malmo Advertising and Public Relations Agency.

Ms. Brann holds an MBA from Duke University's Fuqua School of Business and a bachelor's degree from Louisiana State University. She is also a graduate of the Advanced Leadership Program at Rice University's Jones School of Business.

Ms. Brann's appointment adds to other key appointments, including Howard Atkins, Cheemin BoLinn and Ana Gomez Chapman to the board, and, most recently, Amalia Saenz as Vice President, Argentina Corporate Affairs.



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.

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Lake Resources NL  Appointment Sra. A Saenz to Lead Argentina Corporate Affairs

Lake Resources NL Appointment Sra. A Saenz to Lead Argentina Corporate Affairs

Sydney, Australia (ABN Newswire) - Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) today announced the appointment of Sra. Amalia Saenz as Vice President, Argentina Corporate Affairs.

Sra. Saenz is stepping down from Lake's board of directors, effective February 1, 2023, to lead Lake's government relations team, oversee corporate social responsibility programs, and steer community and stakeholder engagement in Argentina.

"I am thrilled to welcome Amalia to this critical executive role as the company advances its work in Argentina," Lake Resources Managing Director and CEO David Dickson said.

"Amalia's expertise has been invaluable to Lake in her capacity on our board, and this newly created position will enable us to further benefit from her extensive professional experience and in-country relationships as we continue our projects in Argentina to meet rising global demand for high-quality lithium."

Sra. Saenz has been a non-executive director on Lake Resources' board since July 2021. She joins the company from law firm Zang, Bergel & Vines in Buenos Aires, where she led the firm's energy and natural resources practice.

Sra. Saenz has more than 30 years of experience in energy and resources advising multinational companies. Her practice covered the full scope of natural resources, including mining, energy and oil and gas for merger and acquisition, financing, joint venture and operating agreements in Argentina.

She previously was a partner at Brons and Salas, a law firm in Buenes Aires where she led the Oil and Gas and Energy Practice. Ms. Saenz has worked in Central Asia, Turkmenistan, and the United Kingdom in exploration and production development across international borders and cultures.

Sra. Saenz was an active member of the Association of International Petroleum Negotiators (currently Association of International Energy Negotiators) serving as Regional Director, representing the Latin American Chapter.

Sra. Saenz's appointment follows several recent additions to Lake Resources' board and operating teams. Earlier this month the Lake Board strengthened governance and oversight as Howard Atkins, Cheemin Bo-Linn and Ana Gomez Chapman joined, bringing additional expertise in strategy, operations, financing, and ESG.

The Operating Team also has been expanded and reorganized to better align with the technical needs of Kachi Project development. Lake has expanded the company's technical, procurement, project, hydrogeology, drilling and engineering expertise to better position the company as it moves into the development stage of the Kachi expanded project and ongoing exploration of the Cauchari, Olaroz and Paso projects.



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.

News Provided by ABN Newswire via QuoteMedia

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ScreenPro Announces Grant of Stock Options

ScreenPro Announces Grant of Stock Options

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The Company has issued incentive stock options to purchase up to 4,800,000 shares of the Company as of January 27, 2023, in accordance with the Company's Stock Option Plan. The Options are exercised at $0.05 per common share, expiring January 26, 2025.

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Lake Resources NL  Quarterly Activities Report

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Sydney, Australia (ABN Newswire) - Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) is providing a clean solution to the delivery of high quality lithium into the battery materials supply chain powering the energy transition. Lake uses disruptive, ion exchange extraction technology, from Lilac Solutions Inc in California (Lilac), who is earning into the flagship Kachi Project, for efficient production of high purity lithium with significant ESG benefits. No mining is involved in the brine processing.

Lake is transitioning from the evaluation and exploration phase to the next stage of development. Good progress was made during the quarter at the Demonstration Plant and the recent updates of the Kachi Mineral Resource Estimate.

With the ongoing recruitment of talented experts, the realignment and new focus of the organization and the enrichment of the Lake Board, Lake is well positioned to complete the development of Kachi, while pursuing the development of Cauchari, Olaroz and Paso.

Lake looks forward to continuing this progress towards the production of high-quality, sustainable lithium for its customers and delivering value to all stakeholders.

Key Highlights

Strengthened the Lake Resources Executive team, with the appointments of: Scott Munro appointed as Senior Vice President of Technology, Strategy and Risk; Karen Greene was appointed as Senior Vice President of Investor Relations and Communications and John Freeman as Chief Legal Officer and General Counsel.

Added sector-leading industry, capital markets and governance expertise to the Board in recent months with the appointment of three new U.S.- based board members. The additions of Howard Atkins, Cheemin Bo-Linn and Ana Gomez Chapman, bring strong pillars of strategic, operational, financial, and ESG oversight.

Offtake and Strategic Investment Conditional Framework Agreements were signed with WMC Energy and SK On for up to 50,000 tpa lithium carbonate from Kachi project. Conversations with these parties are ongoing.

After an extensive drilling program Lake reported to the ASX a 100 percent increase in the mineral resource estimate of Kachi, to 2.2 million tonnes of lithium carbonate equivalent of Measured and Indicated, and 3.1 million tonnes of Inferred resources.

Lilac Solutions successfully operated the Demonstration Plant for 1,000 consecutive hours and produced 40,000 litres of lithium chloride eluate before December 31, 2022, meeting all key testing milestones in accordance with the agreed timeline.

Definitive Feasibility Study (DFS) and Environmental Social Impact Assessment (ESIA) studies continue with demonstration plant validation required prior to completion of the DFS. Completion of DFS is expected in mid-2023.

Lake is well funded with a cash balance of $A133 million and no debt at 31 December 2022.

*To view the full quarterly report, please visit:
https://abnnewswire.net/lnk/GC7D0I6T



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.

News Provided by ABN Newswire via QuoteMedia

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RecycLiCo Battery Materials Delivers Battery-Grade Lithium Carbonate and Lithium Hydroxide to Battery Manufacturers in Japan and South Korea

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