VANCOUVER, British Columbia, Nov. 06, 2020 (GLOBE NEWSWIRE) — Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) is pleased to announce the appointment of Buck L. Marshall and Terrace L. Nixon – the Company’s President & CEO and Chief Compliance Officer, respectively – to the Board of Directors of the Company (the “Board”), effective immediately. Mr. Marshall and Mr. Nixon were appointed as directors of the Company at its 2020 Annual General and Special Meeting of Shareholders (the “AGSM”) held on November 4, 2020.
Mr. Marshall’s extensive background in executive management and corporate administration has earned him an outstanding reputation as a team-builder and top-performer, most notably within the commercial banking industry to which he has devoted the past 16 years. Since 2008, Mr. Marshall has worked in tandem with U.S. Small Business Administration (SBA) lending groups – through which he has developed an intimate knowledge of SBA programs – equipping him to efficiently navigate the credit standards and requirements for working with the US Government, and to leverage the specific programs available to enable small businesses to gain access to capital when conventional access is limited. Most recently, as Market President of Northwest Bank (“Northwest”), Mr. Marshall worked alongside Northwest’s board of directors and division managers to develop policies and procedures that would ensure the successful realization of its long-term growth strategies and corporate vision.
Terrace Nixon brings an impressive history of C-level executive leadership experience to the Company along with an intimate understanding of capital markets, regulatory compliance, corporate governance, and public-company administration. Mr. Nixon’s long-standing relationships within the investment industry – including an extensive network of affluent private and institutional equity investors – have been instrumental in securing capital for the Company since its inception. Terry Nixon co-founded Mission Ready (the “Company”) in 2011 and served as its Director of Corporate Communications until July 2018 when he was appointed to the position of Chief Compliance Officer. Prior to Mission Ready, Mr. Nixon provided governance, compliance and management services to public issuers as both an employee and consultant, most recently serving as Chief Financial Officer of a junior exploration company listed on the TSX Venture Exchange.
Mark Bishop did not stand for re-election at the AGSM. The Company thanks Mr. Bishop for his past service as a director and wish him success in his future endeavors.
About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions through its privileged access to a host of government contracting vehicles including its Special Operational Equipment (“SOE”) Tailored Logistics Support (“TLS”) contract administered by the United States Defense Logistics Agency (“DLA”), and Multiple Award Schedule contracts administered by the United States General Services Administration (“GSA”).
Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”), is one of six companies, globally, authorized to provide equipment and designated services under DLA’s SOE TLS program. Unifire is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. As an incumbent awardee of the SOE TLS contract, with extensive knowledge and experience in providing solutions to the US Federal Government, Unifire utilizes its highly-efficient, scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies.
Mission Ready trades on the TSX Venture Exchange under the symbol MRS.
For further information, visit MRSCorp.com or contact:
T: 1.877.479.7778 – Ext 5
Mission Ready Solutions Inc.
(Signed “Buck L. Marshall”)
Buck L. Marshall
President & CEO
Ph: +1 877.479.7778
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “forecast”, “project”, “budget”, “schedule”, “may”, “will”, “could”, “might”, “should” or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by Mission Ready Solutions Inc. as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Solutions Inc. to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Mission Ready Solutions Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.