TORONTO, Oct. 8, 2015 /CNW/ - Callidus Capital
Corporation Inc. (TSX: CBL) a provider of flexible and
innovative asset-based loans, invites analysts and shareholders to
an open forum about the company's strategy, prospects and
performance on Tuesday October
13th, 2015 at 11:00 am
Eastern Time.
What:
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Callidus Capital
Corporation Open Forum
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When:
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Tuesday October
13th 2015, 11:00 a.m. (Eastern Time)
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Where:
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Bay Wellington Tower,
Brookfield Place, 181 Bay Street, 47th Floor, Toronto
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Who:
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Newton Glassman,
Executive Chairman and Chief Executive Officer
David Reese, President and Chief Operating Officer
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"While Callidus continues to achieve or exceed both management
and analyst expectations of operating performance, there remains a
need for education about the company's business model, unique
competitive advantage, underlying value and benefits for public
shareholders," Mr. Glassman said. "As we have said consistently, we
welcome questions, dialogue, fact-based debate, and even challenge,
while respecting our fiduciary duty to our shareholders. That is
what we hope to get at this forum."
Guests wishing to participate in person are requested to reserve
seats in advance by calling or emailing the company at the email
address below. Questions to management may include any matter
related to the company, with the caveat that management will
respect both Canadian securities laws and its legal duties to
borrowers. Please note that no video or photography will be
permitted.
About Callidus Capital Corporation
Established in
2003, Callidus Capital Corporation is a Canadian company that
specializes in innovative and creative financing solutions for
companies that are unable to obtain adequate financing from
conventional lending institutions. Unlike conventional lending
institutions which demand a long list of covenants and make credit
decisions based on cash flow and projections, Callidus credit
facilities have few, if any, covenants and are based on the value
of the company's assets, its enterprise value and borrowing needs.
Callidus employs a proprietary system of monitoring collateral and
exercising control over the cash inflow and outflows of each
borrower, enabling Callidus to manage any risk of loss very
effectively.
To register for the forum:
Phone:
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416.945.3003
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Email:
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MRzeszutek@catcapital.com
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SOURCE Callidus Capital Corporation