VANCOUVER, BC / ACCESSWIRE / August 26, 2019 / Grande West Transportation Group Inc. (TSX-V:BUS)(OTC PINK:GWTNF) ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, is pleased to announce that William Trainer, Company Founder, has resumed the role of Chief Executive Officer ("CEO").
William Trainer will assume the role, duties and responsibilities of CEO effectively immediately. Mr. Trainer founded the Company in 2008 and held the role of President and CEO through the development and initial high growth stages of the Company. Mr. Trainer had stepped down from the CEO position in February 2018 for personal reasons.
The Company thanks Jean-Marc Landry for his efforts at Grande West over the past years and wishes him success in his future endeavours.
Mr. Trainer will lead the second quarter conference call on Thursday, August 29 at 11:00 AM EST. He will give an update on his return and focus for the Company moving forward.
The call-in number is (844) 602-0380 or (862) 298-0970, the webcast can be accessed at https://www.investornetwork.com/event/presentation/53361. A replay of the call will be available for 30 days at the webcast link or by calling (877) 481-4010 and entering PIN# 53361.
About Grande West Transportation Group
Grande West is a Canadian company that designs, engineers and manufactures mid-size multi-purpose transit vehicles for public and commercial enterprises. Grande West's best-in-class heavy-duty Vicinity bus is available in 27.5, 30 and 35 foot models powered by clean diesel or compressed natural gas ("CNG") designed with affordability, accessibility and global responsibility in mind. These models cost significantly less than a regular 40 foot transit bus, are more maneuverable, burn less fuel and emit less harmful emissions. Grande West is now offering a new product, the Vicinity LT, which is the first crossover vehicle in the transit space - a medium-duty, monocoque designed rear engine vehicle for delivery in 2020.
The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in many Canadian transit agencies. Grande West is compliant to Buy America certification, and along with Alliance Bus Group ("ABG"), its US distributor, is actively pursuing opportunities in public and private transit fleet operations that would benefit from Grande West's vehicles.
For further information please contact:
Grande West Transportation
John LaGourgue
Ph: 604-607-4000
jlagourgue@grandewest.com
www.grandewest.com
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
SOURCE: Grande West Transportation Group
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