2009-11-12

 

News Release

 

VANCOUVER, BC - PI Financial Corp is very pleased to announce the addition of Ms. Priya Patil to advise and assist in establishing a capital markets branch office in Toronto, Ontario.

“Ms. Patil brings a wealth of capital markets experience and relationships to PI and we are extremely pleased to have her spearhead our expansion into Eastern Canada.” said Bert Quattociocchi, Executive Vice President, Capital Markets.

Immediately prior to joining PI, Ms. Patil was the Managing Director, Investment Banking, for an independent employee-owned investment bank in Toronto. She was a senior executive for Canadian investment banks as well as Breakwater Resources Ltd., a TSX-listed mining company. Ms. Patil practiced law for major law firms in Toronto, as well as in Palo Alto, California, and she is a member of the Ontario and California Bars.

PI plans on establishing a Toronto capital markets team of approximately 10 professionals in research, sales, trading, and investment banking. The target date for opening the firm’s Toronto branch is Spring 2010.

“PI believes that a capital markets presence in Toronto will substantially enhance our awareness, capabilities, and institutional and corporate relationships,” continues Mr. Quattrociocchi. “We look forward to this new and exciting initiative.”


About PI Financial Corp.
PI, which has recently completed its 27th consecutive year of profitability, is a leading Western Canadian based, full-service investment dealer, providing a full range of investment products and services to over 15,000 individual, corporate and institutional investors. PI is 75% employee-owned, and 25% owned by National Bank Financial, a subsidiary of National Bank of Canada. PI has over 160 employees in its offices in Vancouver, Calgary and Victoria.

PI is one of Canada’s top investment banks for small to mid cap Canadian companies and has expertise in the resource, energy, technology, industrial, and consumer discretionary sectors.

For more information, please contact:
Bert Quattrociocchi, CFA
Executive Vice President and Director
604-664-2925