TORONTO, Nov. 9, 2015 /CNW/ - Further to the press release
issued by The Westaim Corporation ("Westaim" or the
"Company") (TSXV: "WED") on September
29, 2015, the Company is pleased to announce that
Mark W. Haushill has been appointed
as the Chief Financial Officer of Houston International Insurance
Group, Ltd. ("HIIG"). Mr. Haushill's appointment will take
effect on December 1, 2015. He
will replace Edward H. Ellis, HIIG's
interim Chief Financial Officer.
Mr. Haushill has extensive experience serving in senior finance
roles at specialty insurance companies, including as the Chief
Financial Officer of American Safety Holdings Ltd. and Argo Group,
Ltd. Mr. Haushill's career began at KPMG LLP. He graduated
from Baylor University with a BBA in
Accounting and is a Certified Public Accountant.
About Westaim
Westaim is a publicly traded Canadian investment company
specializing in providing long-term capital to businesses operating
primarily within the global financial services industry. Westaim
invests, directly and indirectly, through acquisitions, joint
ventures and other arrangements, with the objective of providing
its shareholders with capital appreciation and real wealth
preservation. Westaim's strategy is to pursue investment
opportunities with a focus towards the financial services industry
and grow shareholder value over the long-term.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Except for statements of historical fact contained herein,
information in this press release may constitute "forward-looking
information" within the meaning of Canadian securities laws. Other
than statements of historical fact, all statements that involve
various known and unknown risks, uncertainties and other factors
are "forward-looking statements". There can be no assurance that
such statements will prove accurate. Results and future events
could differ materially from those anticipated in such statements.
Readers of this press release are cautioned not to place undue
reliance on these "forward-looking statements". Except as otherwise
required by applicable law, Westaim expressly disclaims any
intention or obligation to update publicly any forward-looking
information, whether as a result of new information, future events
or otherwise.
SOURCE Westaim Corporation