KDA Group Announces Appointment of New Director, Mr. Stan Bharti

Tickers: XTSX:KDA
Tags: #Mining

Thetford Mines, Quebec – TheNewswire October 24, 2019 KDA Group Inc. (TSXV:KDA) (“KDA” or the “Corporation“) is pleased to announce, following the results of its shareholders’ annual general meeting held yesterday, October 23, 2019 the appointment of Mr. Stan Bharti as a member of the board of directors of the Corporation (the “Board of Directors“).

Mr. Bharti is the founder and Executive Chairman of Forbes & Manhattan Inc. (“Forbes“), (www.forbesmanhattan.com), an international merchant bank and finance house focused on natural resources, infrastructure, energy and technology. Forbes is recognized around the world as a leader in identifying the best assets around the world and installing world-class management who actively develop and operate projects to generate high-return investments. Forbes has a large professional staff that includes engineers, geologists, software developers, investment bankers and financiers focused on the development and operation of over twenty companies. Forbes is headquartered in Toronto, Canada and has had projects in each of the six continents with current focus in the Americas, Africa, Europe and FSU countries.

Mr. Bharti is a recognized international businessman and entrepreneur with over thirty years of hands on experience in the mining, oil and gas, technology and finance sectors.

Mr. Bharti has developed projects and financed them though both his private capital and public markets. Over the last ten years, Forbes and Mr. Bharti have been involved in financings and transactions valued at over US$10 billion. Mr. Bharti is a recognized financier in Canada and has listed over 50 companies on different stock markets including Toronto, London, Australia, South Africa and New York.

Mr. Bharti is a major contributor to charities around the globe. In 2010, he set up the Bharti Charitable Foundation, which provides funding for nature, children and wildlife in developing countries. In 2012, Mr. Bharti founded the Bharti School of Engineering in collaboration with Laurentian University, based in Sudbury, Canada, to encourage students to study engineering and work abroad.

In June 2018, Mr Bharti was awarded the Honorary Consul of Kazakhstan to Canada designation for his help with providing business opportunities in Kazakhstan.

Stan Bharti is a Professional Engineer and is a member of the Young Presidents Organization (YPO) and is on several charitable and business boards in North America and the United Kingdom. In addition to English, Mr. Bharti speaks fluent Russian and has working knowledge of Finnish and Spanish. He spends his time between Los Angeles and Toronto.

“We are very honored and proud to have Stan joining the Board of Directors. He will bring strong expertise and knowledge in financing and management to the Board of Directors. He will also provide a strong and solid support to the management team of KDA to become a key player in the health and pharmaceutical services industry in Quebec, the rest of Canada and internationally. Stan‘s dynamism, combined with his experience and leadership will undoubtedly benefit KDA, as well as all of our clients,” said Marc Lemieux, Chief Executive Officer of KDA.

“I am very excited to join KDA, a growing corporation offering a range of products and services to health and pharmaceutical corporations. I look forward working with the existing management team and meeting with our clients to strengthen our relationships and grow KDA’s sales and profitability” added Mr. Bharti.


KDA Group is a leading innovation and specialized solution provider in the pharmaceutical market. Today, it is a respected name for quality and expertise among the different stakeholders in the pharmaceutical and medical sector. Its management team is guided by a vision of continuing to lead the way in Quebec while extending operations across Canada and internationally. Additional information on the Corporation is available at www.kdagroup.ca and on SEDAR at www.sedar.com.

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This press release from KDA Group contains forward-looking statements. Forward-looking statements are typically identified by the words assumption, goal, guidance, objective, outlook, strategy, target, and other similar expressions, or future or conditional verbs such as aim, anticipate, believe, predict, could, expect, intend, may, plan, seek, should, strive, and will. By their nature, forward-looking statements require us to make estimates and assumptions and express opinions based on current conditions and anticipated developments, as well as other factors that Management may deem appropriate under the circumstances. There is inherent uncertainty and significant risk in these estimates, assumptions, and opinions, particularly of a commercial, economic, and competitive nature, and they are therefore subject to change. KDA Group cannot guarantee that these estimates, assumptions, and opinions will prove to be accurate.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.


Marc Lemieux

Chief Executive Officer

514 622-7370

[email protected]

Copyright (c) 2019 TheNewswire – All rights reserved.

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