Month: April 2022

Resolutions of the General Shareholders meeting of INVL Baltic Farmland that was held on 27 April 2022.

Draft resolutions of the Meeting:

1. Presentation of the Company‘s consolidated annual report for 2021

1.1. Shareholders of the Company are presented with the consolidated annual report of the Company for 2021 (there is no voting on this issue of agenda).

2. Presentation of the independent auditor’s report on the financial statements and consolidated annual report of the Company

2.1. Shareholders of the Company are presented with the independent auditor’s report on the financial statements and consolidated annual report of the Company (there is no voting on this issue of agenda).

3. Regarding the assent to the remuneration report of the Company, as a part of the consolidated annual report of the Company for the year 2021

3.1. To assent to the remuneration report of the Company, as a part of the consolidated annual report of the Company for the year 2021 (attached).

4. Approval of the consolidated and stand-alone financial statements for 2021 of the Company

4.1. To approve the consolidated and stand-alone financial statements for 2021 of the Company.

5. Deciding on profit distribution of the Company

5.1. To distribute profit of the Company as follows:

Article	(thousand EUR)
Retained earnings (loss) at the beginning of the financial year of the reporting period	8,181
Net profit (loss) for the financial year	1,411
Profit (loss) not recognized in the income statement of the reporting financial year	–
Shareholders contributions to cover loss	–
Distributable profit (loss) at the end of the financial year of the reporting period	9,592
Transfers from reserves	–
Distributable profit (loss) in total	9,592
Profit distribution:	-775
– Profit transfers to the legal reserves	–
-Profit transfers to the reserves for own shares acquisition*	–
– Profit transfers to other reserves	–
– Profit to be paid as dividends**	-775
– Profit to be paid as annual payments (bonus) and for other purposes	–
Retained earnings (loss) at the end of the financial year	8,817

*the reserve is formed to purchase own shares
**0.24 EUR is paid per share

6. Regarding the election of members of the Board

6.1. To elect for a period of 4 (four) years terms the below mentioned persons as members of the Board of the public joint stock company INVL Baltic Farmland:

1. Alvydas Banys (personal code and place of residence withheld).
2. Indrė Mišeikytė (personal code and place of residence withheld).
3. Tomas Bubinas (independent member) (personal code and place of residence withheld).

The newly elected members of the Board shall take up their duties upon adoption of this decision.

7. Regarding the determination of the remuneration of the independent member of the Board of the Company

7.1. To set the hourly remuneration of the elected independent member of the Board of the Company at EUR 200 per hour (before taxes) for his service on the Board of the Company and to delegate the Board of the Company to conclude an agreement with this independent member of the Board of the Company and to establish other terms and conditions of the agreement.

8. Regarding the amendment of the Articles of Association of the Company, the approval of the new version of the Articles of Association and the appointment of a person authorised to sign the new version of the Articles of Association

8.1. Considering the provisions of the Law on Companies of the Republic of Lithuania (hereinafter – “Law on Companies“) that if the supervisory board is not established in a public limited liability company whose shares are admitted to trading on the regulated market, the Articles of Association of the Company should determine the Company‘s Board performance of the supervisory functions established in Paragraph 11 of Article 34 of the Law on Companies. Therefore, it is proposed to the shareholders of the Company to o approve a new version of the Company’s Articles of Association (the draft of the Articles of Association is attached hereto), by replacing the entire text of the Articles of Association (without further approval of the amendments of individual clauses of the Articles of Association).

8.2. To authorise the director of the Company Egle Surpliene (with the right to sub-delegate) to sign the new wording of the Company’s Articles of Association and to register it in accordance with the procedure established by the legislation and the General Meeting of Shareholders.

9. Regarding the purchase of own shares of the Company

9.1. Until the day of the General Shareholders Meeting the reserve for the purchase of own shares which is equal to EUR 3,079,669 not used.

9.2. To use the reserve (or the part of it) for the purchase of own shares and to purchase shares in the public joint-stock company INVL Baltic Farmland by the rules mentioned below:

(i) The goal for the purchase of own shares – to ensure for shareholders a possibility to sell company’s shares.

(ii) The maximum number of shares to be acquired – the nominal value of own shares by the public joint-stock company INVL Baltic Farmland, which may not exceed 1/10 of share.

(iii) The period during which the public joint-stock company INVL Baltic Farmland may purchase its own shares 18 months from the day of this resolution.

(iv) The maximum and minimal one share acquisition price:  the maximum one share acquisition price- EUR 5.00, the minimal one share acquisition price – EUR 3.00.

(v) The conditions of the selling of the purchased shares and minimal purchase price: the acquired own shares may be annulled by the decision of the General Shareholders Meeting or sold by the decision of the Board on condition the minimum price of sale of own shares shall be equal to the price at which they were acquired and the procedure of selling the shares shall ensure equal opportunities for all shareholders to acquire the said shares.

9.3. The Board of INVL Baltic Farmland is delegated on the basis of this resolution and the Law on Companies of the Republic of Lithuania to organise purchase and sale of own shares, to organise purchase and selling procedure of own shares, and to determine order and timing for purchase and sale of own shares as well as the amount of shares and shares’ price, and to complete all other actions related with purchase and sale procedure of own shares.

From the date of this resolution, the resolution of the General Shareholders Meeting on 9 April 2021 on the acquisition of own shares expires.

10. Regarding the adjustment of the terms of payment for audit services

10.1. To set an additional salary of up to EUR 4,000 per year (VAT will be calculated and paid additionally in accordance with the order established in legal acts) to the Company’s audit company UAB PricewaterhouseCoopers, legal entity code 111473315, for the audit services of the annual financial statements for 2021 and 2022 years in order to meet the requirements of the Articles 3 and 4 of the Commission Delegated Regulation (EU) 2018/815 of 17 December 2018 supplementing Directive 2004/109/EC of the European Parliament and of the Council with regard to regulatory technical standards on the specification of a single electronic reporting format.

11. Regarding the Report of the Audit Committee of the Company

11.1. In accordance with the rules of procedure of the Audit Committee of the Company (approved on 22 March 2017 by decision of the General Meeting of Shareholders of the Company), the shareholders are hereby briefed on the activity report of the Audit Committee of the Company (attached) (no decision is taken on this item of the agenda).

Regarding the dividend payment for the shareholders and ex-date:

Persons, who will be shareholders of INVL Baltic Farmland at the end of 11 May 2022 the tenth day after the General Shareholders Meeting to approve the resolution to allocate part of Company’s profit for the payment of dividends, are entitled to receive dividends.

The ex-date is 10 May 2022. From that date the new owner of the shares of INVL Baltic Farmland, ISIN code LT0000128753, which were acquired on stock exchange with settlement cycle of T+2, is not entitled to dividends for the year 2021.

The person authorized to provide additional information:
Director Egle Surpliene
E-mail: egle.surpliene@invaldainvl.com

Attachments

• abinvlbalticfarmland-2021-12-31-en
• 2. Remuneration report 2021
• 3. Members of the Board_Farmland
• 4. INVL Baltic Farmland_Articles of Association
• 5. INVL Baltic Farmland_audit committee activity report

Dominique Powrie takes role as Managing Director of DDI’s Australian operations to grow DDI’s leadership consulting services in the region

SYDNEY, April 26, 2022 (GLOBE NEWSWIRE) — Global leadership consulting firm DDI today announced the appointment of Dominique Powrie as Managing Director, Australia.

With more than 30 years of experience leading HR and business management teams, Powrie has a proven track record in delivering growth and leading organisations and teams across the Australian region. Reporting to Bruce Watt, DDI Senior Vice President, Powrie will lead DDI’s leadership team in Australia and be responsible for the development and execution of DDI’s growth strategy in Australia.

“Dominique is an indispensable partner and leadership strategist for many of Australia’s most successful companies,” said Watt. “Because of her extensive background creating winning HR and business strategies across a range of companies, our clients trust her to create leadership plans that deliver on key business metrics. As so many companies are now looking for innovative approaches to their leadership strategy post-pandemic, Dominique is the ideal person to engage and lead our Australian team in delivering cutting-edge leadership solutions.”

Powrie joined DDI in 2016 as a principal consultant, quickly progressing to consulting manager. In her role, she serves as an executive coach, facilitator and leadership development consultant. Powrie works with large-scale clients across industries – particularly in the Top 100 companies on the Australian Securities Exchange (ASX) – to establish leadership strategies from the frontline to the C-suite.

During her tenure with DDI, Dominique has also led much of DDI’s involvement in the BOSS Young Executives competition, hosted by The Australian Financial Review. She’s also played a key role in supporting DDI’s recognition with a Five-Star Learning and Development Award as an L&D Training Provider from Human Resources Director Magazine.

Dominique also serves as a thought leader for DDI. An advocate of DDI’s Women in Leadership practice, she recently co-hosted two webinars for International Women’s Day with CEO Tacy Byham. She also collaborates with organisations and industry associations to design and deliver keynote speeches, conference presentations and workshops to support women in leadership. In addition, Dominique has contributed blogs, hosted webinars and is often cited in media interviews on a wide range of leadership topics.

About DDI

DDI is a global leadership consulting firm that helps organisations hire, promote and develop exceptional leaders. From first-time managers to C-suite executives, DDI is by leaders’ sides, supporting them in every critical moment of leadership. Built on five decades of research and experience in the science of leadership, DDI’s evidence-based assessment and development solutions enable millions of leaders around the world to succeed, propelling their organisations to new heights. For more information, visit http://ddiworld.com.

Contact:

Beth Almes
beth.almes@ddiworld.com

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Head shot of Dominique Powrie, Managing Director, DDI Australia

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Second Proxima film to list on the entertainment stock exchange (ESX.io,) allowing fans to buy into the film
Not since ‘The Six Sense’ reveal will audiences be this shocked

LOS ANGELES, April 26, 2022 (GLOBE NEWSWIRE) — Home School, the first in an eight-film franchise of supernatural thrillers starring two-time Kids Choice Award winner Charli D’Amelio, will be produced by EGOT nominee (Emmy, Grammy, Oscar, and Tony) Ryan Kavanaugh—directed by F. Javier Gutierrez.

Kavanaugh has brought more than 200 feature films, and 40 TV shows to audiences worldwide, and this will be the second film to list on the entertainment stock exchange, esx.io.

Award-winning visionary horror film director F. Javier Gutiérrez (Before the Fall, Rings) has come on board to direct. Home School marks the live-action feature film debut of D’Amelio, the first TikTokker to accrue 100 million followers on the platform. Production is set to begin July 2022.

Charli shot to global fame on TikTok after posting dance videos in 2019. Since exploding on the app, Charli has parlayed her success into other ventures. She appeared in a 2020 Super Bowl ad for Sabra Hummus and danced in a Jennifer Lopez music video. In September of last year, Hulu launched The D’Amelio Show docuseries, starring Charli and her family, which has already been picked up for a second season. Charli co-created her own clothing line Social Tourist and has worked with major fashion brands, including Louis Vuitton and Prada. Charli was also the youngest star to appear on Time Magazine’s NEXT list.

In Home School, Charli will play ‘Mira,’ a 17-year-old who moves to a different town to live with her aunt after her mother passes away. After arriving in what seems like the all-too-perfect town, Mira soon discovers that her mother’s death and her own future are intertwined supernaturally.

“As soon as I read Home School, I knew it was for me. I connected with the character, Mira, the story, the script, and the team. I knew if I was going to do a movie, it needed to be something fun, edgy, and fresh,” Charli says. “While the role will certainly be challenging and push me to learn to act and become Mira, it’s a fun ride and meant to be fun to make and fun to watch. I also wanted to make sure I surrounded myself with a great team.”

“When Ryan and I met while developing The Crow remake with Luke Evans, we knew we wanted to foster a creative partnership further. I’m thrilled for Home School to mark our first official project together,” explains director F. Javier Gutiérrez. “With its compelling visuals and a strong psychological element, I think Home School has the potential to be a modern classic. I can’t wait to work alongside Charli and the Proxima team.”

Gutiérrez, a two-time nominee for the best European Fantastic Film award, shot to movie fame with his horror film, Rings, the third installment of The Ring franchise, that opened #2 at the U.S. box office and was praised by Koji Suzuki, author of The Ring novels. His short Brasil, won top honors and numerous awards, including winning the Universal Studios Film Master Award for Best European Director. After its North American premiere at AFI Fest, the film came to the attention of the U.S. industry, landing #3 on the Hollywood International Watchlist. That same year, Before the Fall got an offer for a remake from the late legendary filmmaker Wes Craven. Early in his career, Gutiérrez established himself as a horror filmmaker to watch when his first short film, Brasil, which he directed, wrote, and produced in 2002, also won the Sitges Film Festival, one of the world’s foremost international festivals, specializing in fantasy and horror.

“We’ve been developing this project for a few years to bring something new and exciting to the screen,” says Ryan Kavanaugh. “Having Javier direct and Charli star is the perfect package. We are going for ‘The Sixth Sense’ meets ‘Get Out,’” said Kavanaugh.

Home School is written by Casey Giltner, a Minneapolis-based screenwriter whose script On the First Day of Christmas was featured on the 2021 BloodList and was recently picked up by Village Roadshow and Brillstein Entertainment Partners. SVP of Production at Proxima, Daniel Herther, who shepherded the development of Home School, will be producing as well. Kavanaugh’s partner Bobby Sarnevesht and Marc, Heidi, and Dixie D’Amelio will serve as executive producers.

Charli D’Amelio is repped by UTA’s Steve Cohen and Kevin Yorn of Morris, Yorn, Barnes, Levine, Krintzman, Rubenstein, Kohner, Endlich & Gellman. Proxima and Kavanaugh are repped by Neil Sacker of Sacker Entertainment Law. F. Javier Gutiérrez is represented by UTA’s Michael Sheresky and Nick Shumaker of Anonymous Content. Stephen Clark of Lichter Grossman Nichols Adler Feldman & Clark negotiated the deal on behalf of F. Javier Gutiérrez.

About Proxima and Ryan Kavanaugh
Founder of Proxima Media, the controlling shareholder of Triller, Ryan Kavanaugh is one of the most accomplished, prolific, and honored executives in entertainment industry history. Using an intelligent financial model of film finance, he was dubbed the creator of “Moneyball for movies.” He produced, distributed, and/or structured financing for more than 200 films, generating more than $20 billion in worldwide box office revenue and earning 60 Oscar nominations. He is the 25th highest-grossing film producer of all time. His productions include Fast and Furious 2-6, 300, Social Network, Limitless, Fighter, Talladega Nights, Step Brothers, and Mama Mia! Kavanaugh and Proxima pioneered an innovative finance deal for post-bankruptcy Marvel, making the studio and finance structure that led to Marvel Cinematic Universe. He built the SVOD (streaming) category with Netflix, which boosted that company’s market capitalization from $2 to $10 billion. Kavanaugh is the co-founder of Triller, one of the three fastest-growing creator platforms. He recently led the acquisition, merger, and re-launch of the social media and music app.

He also created the powerhouse television company, now known as Critical Content, producing hit shows like Catfish on MTV and Limitless on CBS, which he sold for $200M. The company had 40 television series across 19 networks before its sale. Kavanaugh has earned several achievements and awards, from Variety’s Producer of the Year Award to The Hollywood Reporter’s Leadership Award, from Fortune’s 40 Under 40 Most Influential People in Business to Forbes’ Fortune 400, Billion-Dollar Producer by the Daily Variety and the 100 Most Influential People in the World by Vanity Fair.

About Entertainment Stock Exchange (“ESX”)
Entertainment Stock X (ESX), a first-of-its-kind platform allowing users and fans to invest in film and entertainment projects via the Jobs Act, is an innovative platform for financing entertainment. The company fills the need for new and more efficient financing for filmmakers. ESX allows filmmakers to generate a valuable direct marketing relationship with fans and will enable fans to invest in film for the first time. More information is available on ESX.io

Media Contact

Michelle Vieyra
Jive PR + Digital
202-415-7714
michelle@jiveprdigital.com
www.jiveprdigital.com

Uniting the forces of goodness for global peace and sustainability

LOS ANGELES, April 26, 2022 (GLOBE NEWSWIRE) — While the COVID-19 pandemic continues to rage across the planet, a war between Russia and Ukraine has erupted. April 5, 2022 marked the third UN-designated International Day of Conscience, and the Federation of World Peace and Love (FOWPAL) has declared the entire month of April as International Month of Conscience and has been organizing a series of forums and online activities with various organizations around the world in the hope of awakening the conscience in global citizens and uniting them to apply their conscience and do more good deeds to save the world in crisis and move it towards sustainable development. FOWPAL invites people around the globe to endorse the “Declarations for Human Rights of World Citizens and Peace” and two declarations of conscience—the “Declaration of International Day of Conscience” and “Declaration for the Movement of An Era of Conscience”—in order to inject powerful positive energy into the Earth to help stabilize the world.

Peace is everyone’s holy wish. When the light of goodness is illuminated in everyone’s heart, the positive energy of conscience spreads and connects global citizens, forging a tremendous force for action to change the world for the better and make global sustainability possible. For over two decades, Dr. Hong, Tao-Tze, president of FOWPAL, has led delegates from FOWPAL, the ECOSOC-accredited NGO Association of World Citizens (AWC), and Tai Ji Men Qigong Academy (Tai Ji Men) to visit 101 countries on six continents, advocating the idea of love and peace around the world and promoting the culture of peace with love and conscience. They have been recognized as “International Ambassadors of Peace and Goodwill.” Kiribati’s Ambassador to the UN Teburoro Tito, who is also a former president of Kiribati, praised Dr. Hong as “modern-day Confucius.” Dr. Hong led the delegates to travel the world, and they have volunteered their time and self-funded these trips to foster peace and positivity, building friendships with people in numerous countries, touching the hearts of countless individuals, and adding chapter after chapter of heartwarming true stories to their own lives and the lives of others.

In 2018, in front of the Clock Tower of the medieval citadel in Sighișoara, a UNESCO World Heritage Site in Romania, delegates from the three organizations sang the “Love and Peace Song” to give hope and encouragement to global citizens while conveying their selfless love for the world. Those who heard them singing were touched, and many were moved to tears and embraced the delegates warmly.

“When you started singing, it gave me goosebumps,” said Sandra Barbulescu, an English language teacher in Romania, “I’ve always wanted to give the idea of love and peace and unity and love, mostly. So when I saw you doing this, and so many people from far away . . . I understand that you are volunteers, so it really really impressed me. And you have so beautiful voices.” With tears in her eyes, she added, “They were tears of joy. You really touched my heart. Thank you for coming here.”

On a beautiful evening in the summer of 2005, delegates from the three organizations gave a cultural performance at the square in front of the Basilica dei Santi Bonifacio ed Alessio in Rome, Italy, transcending language and cultural barriers and allowing the sisters there, who had not danced in many years, to relax and dance to the beautiful music presented by the delegation. Daniela Sabatini, an Italian composer, spoke of the sisters’ feedback about the event: “I am deeply touched of this. They told me that for many many years, they don’t dance. This evening, they are very happy like children.” Sabatini described the song as “music from heaven” making everyone in the audience feel as if they were “in the sky near God.”

In August 2016, delegates from the three organizations presented cultural performances in the 52nd International Folklore Festival of Gulpilhares in Vila Nova de Gaia, Portugal, with over 2,000 people in attendance. Delfim Manuel de Sousa, director of cultural affairs of Vila Nova de Gaia, said that his heart was filled with love and caring after the delegation’s journey of peace to his city. He stated that he wished to give each member of the group a bear hug because they are more than just friends to him.

In 2005, during the “World Summit of Love and Peace” hosted by FOWPAL in New York, Dr. Hong, Tao-Tze declared September 15 as the International Love and Peace Day. The then President of the Dominican Republic Leonel Fernández attended the summit and was the first head of state to sign the declaration. He and Dr. Hong jointly turned the “Key to the World,” symbolizing the activation of more energy of love and peace in the world. On that occasion, President Fernández rang the “Bell of World Peace and Love,” made a wish for peace, and said, “For me, it’s been a great experience.” “What you are projecting, what you are disseminating around the world is really what the world needs. So instead of violence, instead of hatred, instead of exclusion, I think we should embrace each other as brothers and sisters,” he added.

In 2008, when Colombia, Ecuador, and Venezuela were on the brink of war, President Fernández took the initiative to mediate a peace agreement among the three countries, successfully defusing a potential war, saving millions of people from the scourge of war, fulfilling his wish for peace when ringing the Bell.

In 2002, FOWPAL was invited to visit various countries in West Africa. The then President of Senegal Abdoulaye Wade rang the “Bell of World Peace and Love,” stating that “Senegal, its people, its government and president launch a call to all women and men of the world to build and consolidate peace in the world.” In 2008, President Wade also turned the wish he made when ringing the Bell into actions by calling for unity and peace in the African region. In March 2008, President Wade coordinated and successfully promoted the signing of a peace agreement between the heads of state of Sudan and Chad, ending a five-year war between the two neighboring countries and saving countless lives. The efforts of these presidents to prevent wars have been widely lauded.

Over the years, Dr. Hong, Tao-Tze has led FOWPAL, AWC, and Tai Ji Men to promote a culture of peace with love and conscience around the world. The three organizations initiated the movement of An Era of Conscience in 2014. They also launched a global endorsement campaign for the Declaration for the Movement of An Era of Conscience; to date, people in 195 nations have endorsed it.

Beginning in 2018, FOWPAL collaborated with various Permanent Missions to the United Nations on a draft resolution titled “Promoting the Culture of Peace with Love and Conscience.” In 2019, Dr. Hong launched a global endorsement campaign for the Declaration of International Day of Conscience, which has been endorsed by people from 195 countries. On July 25, 2019, the UN General Assembly adopted the draft resolution “Promoting the Culture of Peace with Love and Conscience, designating April 5 as the International Day of Conscience.

In addition to the aforementioned two declarations of conscience, Dr. Hong also proclaimed several significant declarations, including “Love of the World, A Declaration of Peace,” “Peace Declaration,” “Declaration of Human Rights for World Citizens,” and “Declaration of International Love and Peace Day.” Dr. Hong launched global endorsement campaigns for these four declarations, known collectively as the “Declarations for Human Rights of World Citizens and Peace,” which have been endorsed by more than 3.73 million people from 173 nations.

As Dr. Hong, Tao-Tze stated in his message for the third International Day of Conscience, “Currently, the world situation is precarious, with the pandemic, war, and many unforeseeable natural and man-made disasters claiming countless lives and destroying homes, plunging the whole world into fear and anxiety.” “The key to crisis resolution lies in conscience,” Dr. Hong remarked, adding that only by awakening everyone’s conscience and encouraging them to act in accordance with their conscience will we be able to stop war, end the pandemic, heal the wounds of the Earth and all living things, and lead the world toward peace.

The world was originally very beautiful; however, due to the increasingly advanced technology, there has been an imbalance in people’s hearts and disorder in the world, causing innocent and good hearts to gradually change. While previous problems have yet to be resolved, new ones are emerging, and now we must work together and take action for peace together immediately. FOWPAL invites everyone to endorse the aforementioned declarations to build a new culture of peace around the world, hoping that the butterfly effect of goodness will continue to expand globally, and that everyone will return to a peaceful world where there is no pain, no fear, no war, and no suffering.

About the Federation of World Peace and Love (FOWPAL): Established in 2000 in the United States by Dr. Hong, Tao-Tze, FOWPAL is an international love and peace organization, with members from around the world. Guided by the principle of “Changing the world for the better starting with one good thought,” it aims to promote world peace and love through various activities such as world summits of love and peace, ceremonies of ringing the “Bell of World Peace and Love,” and cultural exchange performances. To date, 399 prominent figures from 122 countries have rung the Bell, made their wishes for love and peace, and pledged to work for the world’s sustainable future. Among them are 43 heads of state and government, seven Nobel Peace Prize laureates, UN ambassadors, and other visionary leaders.

Media Contact:
Lily Chen
Representative
info@fowpal.org
626-202-5268
www.fowpal.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d498e29f-17df-4f8c-b368-7e1a38f14107

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Renaming is one of 22 recommendations put forward by Standing Strong Task Force to help the university address the legacy of Egerton Ryerson

TORONTO, April 26, 2022 (GLOBE NEWSWIRE) — Earlier today, Ryerson University’s Board of Governors unanimously approved a motion to rename our institution “Toronto Metropolitan University” effective immediately. This change marks the start of a new chapter for the university, as it moves forward with a name that better reflects its values and aspirations.

“I cannot think of a better name than Toronto Metropolitan University,” said President and Vice-Chancellor Mohamed Lachemi. “Metropolitan is a reflection of who we have always been – an urban institution dedicated to excellence, innovation, and inclusion and who we aim to be – a place where all feel welcome, seen, represented and celebrated.”

Located in the heart of Canada’s biggest and most diverse city, Toronto Metropolitan University represents all that it is to be metropolitan. The university is a gathering place for people from all over the world, from all walks of life, with broad and diverse perspectives, lived experiences and ambitions. Metropolitan also defines the university’s aspirations to expand its reputation and reach, as exemplified by its new Lincoln Alexander School of Law, its first international campus in Cairo, Egypt and its plans for a future School of Medicine in Brampton.

The new name is the culmination of work carried out over several years. Following the Board of Governors accepting all 22 recommendations put forward by the Standing Strong (Mash Koh Wee Kah Pooh Win) Task Force, the university established a framework for the renaming process which included the formation of the University Renaming Advisory Committee (URAC).

“It was an honour to chair the University Renaming Advisory Committee, along with Vice-Chair Tanya De Mello. I am very pleased by the strong support of the Board of Governors and excited to have played a part in the adoption of our name which allows for a new beginning,” said Jennifer S. Simpson, Provost and Vice-President, Academic and Chair of URAC. “Through our community engagement we learned that there was a strong desire – across all groups of students, faculty, staff and alumni – for the new name to reference our place or location. Toronto Metropolitan University reflects the feedback we heard and is in line with our values and our accomplishments that define who we are as an institution.”

URAC oversaw extensive community consultations that generated responses from over 30,000 people and went on to review over 2,600 potential names. The committee produced a shortlist of names that were subject to several practical parameters including: ensuring alignment with our values, being intentionally inclusive with our diverse community, undertaking linguistic checks and trademark searches, and digital considerations.

Truth and Reconciliation is a key priority for the university, the renaming is an important and highly visible measure in the university’s path toward reconciliation, and it is just one more step in the journey. The University remains committed to supporting the ongoing work of the Truth and Reconciliation Working Group and implementing all of the remaining Standing Strong Task Force recommendations.

“This is a very important moment in our university’s history as we move forward with a name that better reflects our values and can take us into the future,” said President Lachemi. “As a university, our values have long defined who we are and they will always guide where we are going. They are the basis upon which we have built our uniquely vibrant, diverse and intentionally inclusive culture. Our new name builds upon these values and, along with our 73 years of excellence and achievement, it is intended to be a name that unifies all of us – a place where all of our community members belong.”

While the university is changing its name to better reflect its values and aspirations, the university’s mission, vision and visual identity will remain in place to maintain continuity, recognizability and ease the transition to a new name.

Further information, including more background on the renaming process and ongoing updates on the action plan to implement all Standing Strong Task Force recommendations, can always be found on the Next Chapter Website.

About Toronto Metropolitan University*:
Toronto Metropolitan University, formerly known as Ryerson University, is Canada’s leader in innovative, career-oriented education. Urban, culturally diverse and inclusive, the University is home to more than 46,000 students, including 2,900 Master’s and PhD students, 4,000 faculty and staff, and 225,000 alumni worldwide. For more information, visit ryerson.ca.

*In April 2022, the university renamed and began a new chapter

Media inquiries
Jessica Leach
416-704-2166
jleach@ryerson.ca

MONTREAL, April 26, 2022 (GLOBE NEWSWIRE) — Castle Hall, the Due Diligence Company, is proud to announce the appointment of Matthias Knab, the founder of Opalesque, as Senior Advisor to the firm. Matthias will help guide the expansion of Castle Hall’s DiligenceExchange platform, working with both investors and asset managers. DiligenceExchange (“DXC”) offers an industry-standard approach to the collection of verified due diligence data which, in turn, powers Castle Hall’s innovative DiligenceExchange benchmarks.

“I’m extremely excited to join the Castle Hall team and contribute to the growth of DiligenceExchange,” said Knab. “DXC helps the industry in two ways. First, data gathering has become a true bottleneck, as asset managers respond to numerous data requests asking overlapping questions in slightly different formats. DXC standardizes data sets, which are then subject to Castle Hall’s independent ‘trust but verify’ checks to protect against fraud.

“Second, standardization of data allows Castle Hall to calculate DiligenceExchange benchmarks, delivering long-overdue transparency to the industry. The due diligence process is much more efficient when it is supported by evidenced data around, for example, how frequently do asset managers form a valuation committee, appoint independent members to a fund board, or how often investors will see asset managers employing multiple family members”.

“Matthias is one of the alternative investment industry’s most well-known and respected professionals,” said Chris Addy, Castle Hall’s CEO. “We are delighted to have his advice available to Castle Hall as we continue to expand DiligenceExchange, the heart of our fintech solution to due diligence.”

About Castle Hall

Castle Hall Diligence helps investors worldwide manage the operational, ESG, cyber and investment risks of asset managers. Castle Hall’s core competitive advantage is DiligenceHub, the firm’s proprietary online diligence application, which has helped clients review diligence across several thousand fund entities. More information is available at www.castlehalldiligence.com.

About Opalesque

Founded in 2003, Opalesque is the world’s first digital newsletter focusing on hedge funds and alternative investments. With a team of researchers and contributors, Opalesque to date has researched over 3,000 funds and delivered more than 400,000 articles as the leading news and research portal for alternative investments.  Matthias is also the publisher of Horizons: Family Office & Investor Magazine, the world’s largest quality family office & investor magazine and producer of Opalesque.TV, the first dedicated video channel on alternative investments with over 2 million views.

Contact:

Emily Boone (x431)

Stephen McKinlay (x501)

+1 450 465 8880

solutions@castlehalldiligence.com

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