GOLDHAN Capital Resources Company Announces Appointment of New Chief Financial Officer

Top Quote GOLDHAN Capital Resources Company today announced that the Board of Directors has appointed L. Jones Cowan as Chief Financial Officer, Secretary and Treasurer of the Company, effective June 27, 2011. End Quote
  • New York, NY (1888PressRelease) August 08, 2011 - GOLDHAN Capital Resources Company (the "Company") today announced that the Board of Directors has appointed L. Jones Cowan as Chief Financial Officer, Secretary and Treasurer of the Company, effective June 27, 2011, replacing Tim Riggs, who continued in the roles as Chief Financial Officer, Secretary and Treasurer of the Company subsequent to his appointment as President and Chief Executive Officer of the Company in February 2011. Mr. Riggs will continue to serve as President and Chief Executive Officer of the Company.

    Mr. Cowan, 47, previously served as Vice President and Controller of GBN services Company from 2007 through 2010, and in various senior financial roles at Stewart & Stevenson Services, Inc. from 2002 through 2007.Mr. Cowan is a Certified Public Accountant.

    "We feel very fortunate to have Jones bring his public company experience and financial expertise to the Company," commented Mr. Riggs.

    GOLDHAN Capital Resources Company is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment portfolio is principally invested in energy related private companies. From time to time, the Company may also invest in public companies. The Company invests primarily in senior secured and mezzanine loans in furtherance of its business plan and in some instances receives equity investments in portfolio companies in connection with such investments.

    This press release may contain forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, which could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, the future operating results of our portfolio companies, changes in regional, national, or international economic conditions and their impact on the industries in which we invest, or changes in the conditions of the industries in which we invest, and other factors enumerated in our filings with the Securities and Exchange Commission (the "SEC").

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