Nov. 13, 2017 - The AltaCorp founder and CEO was a visionary entrepreneur and community leader.

It is with great sorrow that AltaCorp Capital Inc. (AltaCorp) advises its clients, business partners, and the investment community that George Gosbee died suddenly yesterday. George was a force in the investment community and his loss will be felt by many.

AltaCorp's board of directors and executive team have met and are taking appropriate steps to address the regulatory, corporate, and legal requirements arising from this tragic event. As part of AltaCorp's previous succession planning, Paul Sarachman will assume the role of Chief Executive Officer to ensure continuity and oversee the company as it conducts “business as usual” under the circumstances. He and the executive team will be addressing all matters requiring the transition of George's responsibilities over the coming days and weeks.

AltaCorp will further update its clients, business partners, and the investment community over the course of the required transition.

On behalf of George's family, we ask that you respect their privacy during this time of grieving.