Target Capital Announces Director Changes

CALGARY, Alberta, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Target Capital Inc. d.b.a. CBi² Capital (“CBi²” or the “Company”) is pleased to announce the appointments of Ron Hozjan and Theo Zunich as directors of the Company.

Mr. Hozjan has been the Vice President, Finance and Chief Financial Officer of Aureus Energy Services Inc., a private water management services company, since January 2020. In addition, Mr. Hozjan is a director of: (i) YSS Corp., a public cannabis retailer; (ii) 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 (iii) 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 Vice President, Finance and Chief Financial Officer 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.

Mr. Zunich has been the President, Chief Executive Officer 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 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.