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PORT RENFREW, BC, September 07, 2018 /24-7PressRelease/ -- Port Renfrew Development Trust (the "Fund") is a mutual fund trust created to take advantage of a unique real estate and development opportunity in Port Renfrew, British Columbia. The Fund will provide investors with the opportunity to participate in the potential gains from the acquisition, holding and potential development of the properties located in Port Renfrew (the "Properties").
The Fund has been formed for the primary purpose of investing indirectly in the Properties. It is the objective of the Fund to provide Unit holders with distributions and capital gains upon the eventual disposition of the Properties.
The OCMX™ is pleased to announce the listing of Port Renfrew Development Trust to its online portal which offers Investors and Advisors the ability to participate in this opportunity.
The OCMX™ has spent considerable time completing its due diligence on Port Renfrew Development Trust and concluded that there is indeed a tremendous opportunity for Investors and Advisors.
The OCMX™ noted that Port Renfrew Development Trust exhibits the main components of any solid investment opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
Jason Brown, Trustee, President of the GP and Manager | Jason Brown acts as a Trustee of the Fund. He is also a director and officer of each of the General Partner, Valhalla and WealthTerra. He has over 8 years of experience in the North American Capital Markets. Prior to 2012, Mr. Brown worked for a major North American land entitlement and development group with over $3.0 billion of assets under management. During that time, he was responsible for the Canadian operations; where the firm structured transactions and sourced capital in what was previously considered a non-investment grade asset class.
During his tenure he assisted, oversaw or was responsible for a broad range of investors and global markets, including the US, Southeast Asia and Europe. He worked closely with the firm's land entitlement and development branch, where he was responsible for the approval of expenditures for the entitlement and/or development actives of each land holding.
Mr. Brown is currently the Chief Operating Officer and Director for WealthTerra. Previously, Mr. Brown contracted with Non-Government Organizations where he was responsible for policy development, organizational effectiveness, board governance as well organizational reorganization/redevelopment.
Karl Ablack, Trustee and Officer and Director of the GP | Karl Ablack acts as a Trustee of the Fund. He has been a successful business owner and consultant specializing in business development, sales & marketing development and sales team development. Mr. Ablack has over 25 years of experience in developing small and medium sized companies in both domestic and international markets. He has been successful in identifying undervalued assets and bringing them to their highest and best use while creating substantial profits.
From 1997- 2006, Mr. Ablack acted as President of Wilden, doing business as ExN'Flex International, the international business arm of Tecogics Scientific. He was instrumental in building and constructing the international sales and distribution network for a Canadian based company specializing in the manufacture of therapy equipment for spinal cord injuries and neurological impairments. From 2007 to 2008, Mr. Ablack was engaged in reviewing and analyzing potential projects.
From 2009 to 2011, Mr. Ablack was the Sales Account Manager and Investment Specialist with Walton Capital Management, specializing in syndications for land based real estate investments.
ABOUT THE OCMX™
The OCMX™ is literally changing how companies and investment funds generate exposure in the marketplace and raise funds as we know it. The OCMX™ serves both public and private companies along with investment and mutual funds which need to raise additional funds or gain significant market exposure. It does this by way of connecting the relevant companies, funds, investors, and advisors all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia.
The OCMX™ connects investors and advisors directly with companies and investment funds seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
TD Canada Trust Tower
161 Bay Street, 45th Floor
Toronto, Ontario, M5J 2S1
Email: [email protected]
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