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VANCOUVER, British Columbia,
June 27, 2012 /PRNewswire/ --
Urban Barns Foods (URBF.OB), today announced the appointment of Mr.
Richard T. Groome to its Board of Directors as well as a Strategic Marketing Officer. Mr. Groome has an extensive and distinguished career in financing small and mid-size emerging growth companies in
Canada, which is one of
Urban Barns' target markets.
Mr. Groome has been in the financial industry for more than 20 years at such firms as Groome Capital, Marleau Lemire Securities, Sprott Securities and
Levesque Beaubien Geoffrion. Mr. Groome was a director of the CDNX Exchange, the predecessor of the TSX Venture exchange for several years and currently sits on the boards of directors of several private and public companies. Mr. Groome has actively managed or participated in over 400 financings representing some
$4 billion of small cap financings. Mr. Groome is very active in numerous philanthropic projects most notably underprivileged children in
Peru, and the World Wildlife Fund. He has a BA in Economics from
"Mr. Groome is a perfect fit to add to our executive team. His knowledge of, and extensive experience in
Canada, one of our target markets is essential for our assertive expansion strategy," said
Dan Meikleham, Chairman. "
Cesar A. Montilla, Jr.,
Puerto Rico, and
Dubai joins me in welcoming Mr. Groome whose skill set is an asset to
Urban Barns. This positions the company to expand quickly, smoothly and intelligently in three of our target markets."
In response to his appointment, Mr. Groome commented, "This is a wonderful opportunity for me to join the Urban Barns Board and their executive team with a focus to supply locally grown vegetables in USA,
Canada and the
About Urban Barns Foods Inc.