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wangton capital corp (WT/P) Snapshot

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wangton capital corp (WT/P) Details

Wangton Capital Corp. does not have significant operations. It intends to identify, evaluate, and negotiate an acquisition, participate in, or invest in an interest in a qualifying transaction. The company was incorporated in 2010 and is headquartered in Calgary, Canada.

Founded in 2010

wangton capital corp (WT/P) Top Compensated Officers

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wangton capital corp (WT/P) Key Developments

Wangton Mulls Acquisitions

Wangton Capital Corp. (TSXV:WT.H) intends to pursue acquisitions. Wangton has closed its previously announced non-brokered private placement. The company intends to use the net proceeds of the first tranche for company's potential acquisitions and general working capital.

Wangton Capital Corp. Announces Management and Executive Changes

Wangton Capital Corp. has appointed Moe Dilon as President and CEO. Zahir (Zip) Dhanani will resign as the current CEO, however he will remain as the Chairman of the company. Mr. Dilon began his career as a commodities trader for a Wall Street firm in the 1970, managing its Asian operations out of Singapore. In 1984, he returned to Asia to start an edible oil trading company based out of Hong Kong that after 18 months posted sales of $100 million (U.S.) per year.

Wangton Capital Corp. Announces Management Changes

Wangton Capital Corp. announced that the company has appointed Robert J. Naso as CFO, Director and Moe Dilon as a Director. Mr. Naso spent 2 years in Turkey working as a business consultant based in Istanbul. He is a businessman that has been involved in constructing hotel properties in Greece, Italy, France and Germany over the past 30 years. He has been involved in the mining sector for the past 12 years and has experience in construction, day to day operations, project management, contract negotiation and consulting. Mr. Naso is currently based in Albania as the COO of Arian Resources where he is overseeing the entire operations of taking the Perlat Mine into production. Mr. Dilon began his career as a commodities trader for a Wall Street firm in the 1970s, managing its Asian operations out of Singapore. In 1984, he returned to Asia to start an edible oil trading company based out of Hong Kong that after 18 months posted sales of $100-million (U.S.) per year. In 1988, Mr. Dilon began making strategic investments in emerging markets focusing on Sri Lanka, India and Bangladesh. Mr. Dilon moved to Canada in 1989, and made a series of investments in commodities and resources, bringing co-investors from Asia. Mr. Naso and Mr. Dilon will replace Mr. Ken Zdunich and Ms. Rita Tsang respectively. Mr. Naso will also replace Mr. Francis Leong as CFO who will remain on the Board. The Company wishes to thank Mr. Zdunich and Ms. Tsang for their contribution to the company and wishes him well with his future endeavours.

 

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