Voxtur Appoints Gary Yeoman as Interim Chairman
March 08 2024 - 5:44PM
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a technology
company creating a more transparent and accessible real estate
lending ecosystem, announces today that Gary Yeoman has been
appointed as Interim Chairman of the Voxtur Board, effective
immediately. Mr. Yeoman’s appointment follows the resignation of
Chairman Nick Smith who has served diligently as Chairman,
providing invaluable leadership and guidance to the Company since
joining the board December 31, 2022. While Mr. Smith will continue
to be a supportive shareholder, he has decided to step down from
his position as Chairman to focus on his investment management
business.
"I have thoroughly enjoyed my time as Chairman
of Voxtur," said Nick Smith. "I am incredibly proud of the progress
we have made and the successes we have achieved together. However,
I believe it is in the best interest of the company for me to
resign at this time and allow Voxtur to continue to chart its path
to becoming a leader in the mortgage technology space. I remain
fully committed to the Company and will continue to support its
growth and success as a shareholder."
Following Mr. Smith's resignation, the Board of
Directors has appointed Gary Yeoman as Interim Chairman. Mr. Yeoman
brings with him a wealth of experience and expertise in the capital
markets and as a corporate board member, having served on the
Voxtur board for over 10 years. He has previously served as
Executive Chairman prior to being re-appointed as CEO in April
2023. His leadership skills and strategic vision will continue to
be instrumental in guiding the company through this transition
period.
"I am honored to accept the role of Interim
Chairman," said Mr. Yeoman. "I am committed to continue working
closely with the Board of Directors and the management team to
ensure continuity and stability during this time of transition.
Together, we will continue to focus on driving value for our
shareholders and advancing the company's strategic objectives."
As Mr. Smith transitions to his new role as a
supportive shareholder, the Company expresses its gratitude for his
dedicated service and contributions over the years. His insights
and guidance have been invaluable, and his continued support will
be instrumental in the company's future success.
Voxtur remains steadfast in its commitment to
delivering value to its customers, employees, and shareholders.
With Gary Yeoman at the helm, the Company is well-positioned to
navigate the challenges ahead and capitalize on new opportunities
in the marketplace.
About Voxtur
Voxtur is a transformational real estate
technology company that is redefining industry standards in a
dynamic lending environment. The Company offers targeted data
analytics to simplify the multifaceted aspects of the lending
lifecycle for investors, lenders, government agencies and
servicers. Voxtur’s proprietary data hub and workflow platforms
more accurately and efficiently value assets, originate and service
loans, and securitize portfolios. As an independent and transparent
mortgage technology provider, the Company offers primary and
secondary market solutions in the United States and Canada. For
more information, visit www.voxtur.com.
Forward-Looking Information
This news release contains certain
forward-looking statements and forward-looking information
(collectively, “forward-looking information”) which reflect the
expectations of management regarding the Company’s strategic
initiatives, plans, business prospects, and opportunities.
Forward-looking statements should not be read as guarantees of
future events, performance or results, and give rise to the
possibility that management’s predictions, forecasts, projections,
expectations, or conclusions will not prove to be accurate, that
the assumptions may not be correct and that the Company’s future
growth, financial performance and objectives and the Company’s
strategic initiatives, plans, business prospects and opportunities,
including the duration, impact of and recovery from the COVID-19
pandemic, will not occur or be achieved. Any information contained
herein that is not based on historical facts may be deemed to
constitute forward-looking information within the meaning of
Canadian and United States securities laws. Forward-looking
information may be based on expectations, estimates and projections
as at the date of this news release, and may be identified by the
words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”,
“anticipate”, “believe”, “estimate”, “expect” or similar
expressions. Forward-looking information may include but is not
limited to: the effects of unexpected costs, liabilities or delays;
success of software activities; the competition for skilled
personnel; expectations for other economic, business,
environmental, regulatory and/or competitive factors related to the
Company, or the real estate industry generally; anticipated future
production costs; and other events or conditions that may occur in
the future. Investors are cautioned that forward-looking
information is not based on historical facts but instead reflects
estimates or projections concerning future results or events based
on the opinions, assumptions and estimates of management considered
reasonable at the date the information is provided. Although the
Company believes that the expectations reflected in such
forward-looking information are reasonable, such information
involves risks and uncertainties, and undue reliance should not be
placed on such information, as unknown or unpredictable factors
could have material adverse effects on future results, performance,
or achievements of the Company. Among the key factors that could
cause actual results to differ materially from those projected in
the forward-looking information include but are not limited to:
implementation of new products; changing global financial
conditions, especially in light of the COVID-19 global pandemic;
reliance on specific key employees and customers to maintain
business operations; competition within the Company’s industry; a
risk in technological failure, failure to implement technological
upgrades, or failure to implement new technological products in
accordance with expected timelines; changing market conditions;
failure of governing agencies and regulatory bodies to approve the
use of products and services developed by the Company; the
Company’s dependence on maintaining intellectual property and
protecting newly developed intellectual property; operating losses
and negative cash flows; and currency fluctuations. Accordingly,
readers should not place undue reliance on forward-looking
information contained herein.
This forward-looking information is provided as
of the date of this news release and, accordingly, is subject to
change after such date. The Company does not assume any obligation
to update or revise this information to reflect new events or
circumstances except as required in accordance with applicable
laws.
NEITHER THE TSXV NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
Voxtur’s common shares are traded on the TSXV
under the symbol VXTR and in the US on the OTCQB under the symbol
VXTRF.
Contact:
Jordan RossChief Investment Officer Tel: (416)
708-9764jordan@voxtur.com
For media inquiries:
Jacob GaffneyTel: (817) 471-7627jacob@gaffneyaustin.com
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