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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Corporation is engaged in the acquisition, development and sale of land, residential lots and homes in the greater Calgary area. It operates through two segments: land development and home building. As a land developer, Genesis acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multi-family and commercial parcels. It designs, builds and sells homes on a significant portion of its single-family lots and townhouse land parcels. It also acquires single-family lots from other land developers to build and sell single-family homes in additional CMA communities.


TSX:GDC - Post by User

Post by waIlabe_shorton Aug 22, 2009 3:56pm
857 Views
Post# 16240930

Interim CFO appointed

Interim CFO appointed

Genesis Land Development Corp. - Interim Chief Financial Officer

CALGARY, Aug. 21 /CNW/ - Genesis Land Development Corp. ("Genesis")
(TSX:GDC) today announced that, in advance of the expiration of his term
contract on August 31st, Mr. Dale Kearns resigned as Interim Chief Financial
Officer of Genesis Land Development Corp., effective August 19, 2009.

Genesis Land Development Corp. is a Calgary based land development
company with an inventory of more than 24,000 future residential building
sites (single-family and multi-family) and over 300 acres of commercial/
industrial lands in Western Canada, of which more than 14,000 residential lots
and over 300 acres of commercial/industrial lands are located in the Calgary
metropolitan area.

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