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Atrium Mortgage Investment Corporation Announces the Appointment of New CFO

Atrium Mortgage Investment Corporation Announces the Appointment of New CFO

Yahoo02-06-2025

Toronto, Ontario--(Newsfile Corp. - June 2, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) ("Atrium") today announced the appointment of Gigi Wong as Chief Financial Officer, effective June 2, 2025.
Robert Goodall, CEO of Atrium, stated, "We are very pleased to welcome Gigi to Atrium. She brings more than two decades of experience in finance and operational leadership, and will be responsible for overseeing the company's financial reporting and compliance functions. Gigi has held senior financial leadership roles across the asset management and financial services sectors. Her experience spans finance operations, risk management, and leading teams through periods of growth and change. She is recognized for her disciplined approach to financial governance and her ability to align financial strategies with broader business objectives. As both a Chartered Professional Accountant (CPA) and Chartered Financial Analyst (CFA), Gigi's credentials and leadership track record make her a great asset to our executive team. We are excited to have her on board. I also want to sincerely thank Razvan Vulcu who has acted as our Interim CFO over the last couple months and consistently performed at a very high level."
About Atrium
Canada's Premier Non-Bank Lender™
Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.
Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at www.sedarplus.ca or Atrium's website at www.atriummic.com.
For further information, please contact
Robert G. Goodall Chief Executive Officer
Gigi WongChief Financial Officer
(416) 867-1053info@atriummic.com www.atriummic.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254238

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Colliers publishes 2024 Global Sustainability Report

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HEALWELL AI Leverages Orion Health to Power Entry into US Market
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WSP to acquire Ricardo, a global strategic and engineering consultancy firm
WSP to acquire Ricardo, a global strategic and engineering consultancy firm

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WSP to acquire Ricardo, a global strategic and engineering consultancy firm

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These forward-looking statements relate to future events or future performance and reflect the expectations of management of WSP ('Management') regarding, without limitation, the growth, results of operations, performance and business prospects and opportunities of WSP or the trends affecting its industry. Forward-looking statements in this press release include, without limitation, statements about the pending Acquisition by WSP of Ricardo; the conditions precedent to the closing of the Scheme Acquisition; the expected closing date of the Scheme Acquisition; the New Credit Facility; the acquisition of shares from Science Group plc and the timing thereof; the attractiveness of the Acquisition from a financial and strategic perspective; the result of the strategic review of the A&I and PP businesses and the likely outcome of a sale of those business units; other anticipated benefits of the Acquisition and their expected impact on WSP's delivery of its strategic plan and its long-term vision, future growth, results of operations, performance, business, prospects and opportunities, WSP's business outlook, objectives, development, plans, growth strategies and other strategic priorities, and WSP's leadership position in its markets; and statements relating to WSP's future growth, results of operations, performance business, prospects and opportunities. Forward-looking statements can typically be identified by terminology such as 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'believe', 'estimate', 'predict', 'forecast', 'project', 'intend', 'target', 'potential', 'continue' or the negative of these terms or terminology of a similar nature. Such forward-looking statements reflect current beliefs of Management and are based on certain factors and assumptions, which by their nature are subject to inherent risks and uncertainties. While WSP considers these factors and assumptions to be reasonable based on information available as at the date of this press release, actual events or results could differ materially from the results, predictions, forecasts, conclusions or projections expressed or implied in the forward-looking statements. Forward-looking statements made by WSP are based on a number of assumptions believed by WSP to be reasonable as at the date of this press release, including assumptions about the satisfaction of all closing conditions; the expected timing of completion of the Acquisition and the conditions precedent to the closing of the Scheme Acquisition (including the approval of the Scheme by the Ricardo shareholders, the receipt of applicable regulatory approvals and the Court's sanction of the Scheme); WSP's ability to retain and attract new business, achieve synergies and maintain market positions arising from successful integration plans relating to the Acquisition; WSP's ability to otherwise complete the integration of Ricardo within anticipated time periods and at expected cost levels; WSP's ability to attract and retain key employees in connection with the Acquisition; Management's estimates and expectations in relation to future economic and business conditions and other factors in relation to the Acquisition and resulting impact on growth and various other financial metrics; Management's expectations in relation to the future performance and economic conditions and other factors in relation to Ricardo; the realization of the expected strategic, financial and other benefits of the Acquisition in the timeframe anticipated; the accuracy and completeness of the information (including financial information) provided by Ricardo and publicly available information; the absence of significant undisclosed costs or liabilities associated with the Acquisition; WSP or Ricardo being adversely impacted during the pendency of the Acquisition; and other factors discussed or referred to in the 'Risk Factors' section of WSP's Management's Discussion and Analysis for the fourth quarter and year ended December 31, 2024 (the '2024 MD&A'), and WSP's Management's Discussion and Analysis for the three-month period ended March 29, 2025 (the 'Q1 2025 MD&A' and together with the 2024 MD&A, the 'MD&As') and filed on SEDAR+ at . If any of these assumptions prove to be inaccurate, WSP's actual results could differ materially from those expressed or implied in forward-looking statements. WSP's forward-looking statements are expressly qualified in their entirety by this cautionary statement. For additional information on this cautionary note regarding forward-looking statements as well as a description of the relevant assumptions and risk factors likely to affect WSP's actual or projected results, reference is made to the MD&As, which are available on SEDAR+ at . The forward-looking statements contained in this press release are made as of the date hereof and except as required under applicable securities laws, WSP does not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by itself or on its behalf, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by these cautionary statements, as well as other risks detailed from time to time in reports filed by the Corporation with securities regulators or securities commissions or other documents that the Corporation makes public, which may cause events or results to differ materially from the results expressed or implied in any forward-looking statement. As such, there can be no assurance that actual results will be consistent with forward-looking statements. About WSP WSP is one of the world's leading professional services firms, uniting its engineering, advisory and science-based expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 73,000 professionals, known as Visioneers. Together they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, and mining and metals sectors. WSP is publicly listed on the Toronto Stock Exchange (TSX:WSP). About Ricardo Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 110 years of engineering excellence and approximately 2,700 employees in more than 20 countries, Ricardo provides exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and environmental services, together with safe and smart mobility. Its global team of consultants, environmental specialists, engineers, and scientists support our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world. All dollar figures in this press release are Canadian dollars unless otherwise indicated. Where financial information of Ricardo has been converted from British pounds sterling to Canadian dollars for purposes of comparison to and combination with, financial information of WSP, British pounds sterling have been converted to Canadian dollars at an exchange rate of $1.8462 Canadian dollars per £1.00. 1 Ricardo's pre-IFRS 16 underlying EBITDA means earnings before finance expense, income tax expense, depreciation, and amortization, and includes rent expense and the benefit of major restructuring programs, but excludes significant costs (such as acquisition-related expenditures, reorganization costs, and other specific adjusting items).

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