LAVAL, QUEBEC, March 22, 2012 - Mercator Transport Group Corporation ("Mercator Transport" or the "Corporation") (TSX-V: GMT), is pleased to announce the appointment of Mr. Robert Gagnon as its new Chief Financial Officer effective immediately. He succeeds Mr. Patrick Bazinet, a Director of the Corporation, who held the position on an interim basis until today.
Robert Gagnon, a financial executive with extensive experience in various publicly traded companies operating in the services, distribution and manufacturing sectors, held various senior level positions in financial and general management for Saturn (Solutions), Frisco Bay Industries, Stanley Security Solutions Canada and Mecachrome, amongst others.
"A financial executive of Robert Gagnon's caliber joining Mercator Transport will support us in achieving our goals by bringing to the organization both financial discipline and expertise that are now required at this stage of our development, said Jean-Pierre Apelian, President and Chief Executive Officer. As a business reorganization specialist, he has demonstrated in the past his ability in finding solutions to improve profitability, performance and financial efficiency."
As Chief Financial Officer, Mr. Gagnon is an officer of the Corporation and he is responsible for the accounting, treasury, investor relations, human resources, financial planning and information technology functions.
About Mercator Transport
Mercator Transport specializes in air, ocean and ground freight forwarding, international logistics and distribution. Based in Montreal (Canada), with offices in the United States, France, Ghana, Burkina Faso and Argentina, Mercator Transport offers value-added services in global supply chain management, and designs tailor-made solutions. Customer intimacy and commitment differentiates Mercator Transport in its ability to implement customers' requirements.
Neither TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Mr. Robert Gagnon, Chief Financial Officer
Investor relations
[email protected] (514) 738-6464