– CANADA, Calgary – Target Capital Inc. (d.b.a. CBi2 Capital) (TSX: TCI) today announced the appointments of Ron Hozjan and Theo Zunich as directors of the Company.
The Company believes the addition of Messrs. Hozjan and Zunich will enhance the Company’s ability to evaluate and consummate a transaction in the broader cannabis industry.
In addition, the Company announces that each of Chad Oakes and Gregory G. Turnbull has resigned as a director of the Company.
About Ron Hozjan
Mr. Hozjan has been the VP, Finance and CFO of Aureus Energy Services Inc., a private water management services company, since January 2020. In addition, Mr. Hozjan is a director of: YSS Corp., a public cannabis retailer; Aloha Brands Inc., the parent company of Aloha Naturals Co., a private producer and retailer of hemp-based consumer products, and of Aloha Cannabis Co., a private cannabis licensed producer applicant; and Aither Ingredient Corp., a private, joint-venture partner in Canada’s only bulk cannabinoid-based active ingredient manufacturing campus, with Thar Process, Inc.
Mr. Hozjan was the VP, Finance and CFO of Tamarack Valley Energy Ltd. from June 2010 until January 2020. Mr. Hozjan is a Chartered Professional Accountant with over 30 years of oil and gas experience and over 20 years of experience as a senior financial officer. Prior to Tamarack Valley Energy Ltd., Mr. Hozjan served as the Chief Financial Officer of Vaquero Resources Ltd., which was acquired by RMP Energy Ltd. Prior thereto, he was the Vice President, Finance and Chief Financial Officer at a predecessor firm, Vaquero Energy Ltd., which grew successfully before merging with Highpine Oil & Gas Limited. Previously, Mr. Hozjan held various senior finance positions at Storm Energy Ltd., Beau Canada Exploration Ltd. and Renaissance Energy Ltd.
About Theo Zunich
Mr. Zunich has been the President, CEO and a director of YSS Corp., a public cannabis retailer, since March 2019 and, prior thereto, was the Vice President, Corporate Development of YSS Corp. since August 2018. Prior to joining YSS Corp., Mr. Zunich worked in roles of increasing responsibility at several independent investment banks, most recently as Principal, Investment Banking at Eight Capital. Mr. Zunich has over ten years of investment banking experience, during which he was involved in more than 100 M&A, financing and related advisory mandates for an aggregate transaction value of over $12 billion. Mr. Zunich has extensive experience in the cannabis, energy and technology industries from both an investment banking and merchant banking perspective.
About CBi2 Capital
Target Capital Inc. d.b.a. CBi2 Capital, is a Calgary, Alberta based company executing on a cannabis-focused investment strategy, where it intends to develop and manage a diversified portfolio of predominantly early-stage cannabis investment opportunities. The Company’s common shares are listed on the TSX Venture Exchange and the Canadian Securities Exchange under the trading symbol “TCI”
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