Olympia Trust Company President Craig Skauge Appointed President of Private Capital Markets Association

CALGARY, Alberta--(BUSINESS WIRE)--Olympia Financial Group Inc. ("Olympia") (TSX:OLY) is pleased to announce that Olympia Executive Vice President Craig Skauge has been appointed President of the Private Capital Markets Association of Canada (“PCMA”). The PCMA is a not-for-profit association originally founded in 2002 by a group of Canadian business professionals whose firms were active in the exempt securities market.

The membership of the PCMA is comprised of over 300 member firms including:

• Firms registered as exempt market dealers with securities regulators in one or more jurisdictions in Canada and the dealing representatives of those firms;
• Exempt market issuers; and
• Professional advisers and service providers to the exempt market, including lawyers, accountants, compliance advisers, shareholder advisers, corporate communications advisers, investment professionals, and others.

In 2011, Craig founded the Western Exempt Market Association, which subsequently renamed itself the National Exempt Market Association (“NEMA”). In 2018, the National Exempt Market Association and PCMA merged to become a single voice for Canadian private capital markets. Since the merger, Craig has sat on the board of directors of the PCMA and has served as Vice Chair for the past year.

Craig’s new position with the PCMA further entrenches him as a leader and advocate of the Canadian private capital markets, which Olympia has served for the past 25 years through its Registered Plans division and more recently through its Exempt Edge division.

About Olympia Financial Group Inc.

Olympia conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered accounts, provides foreign currency exchange services and Corporate and Shareholder services. Olympia also offers private health services plans through its subsidiary Olympia Benefits Inc. and provides information technology services to exempt market dealers, registrants, and issuers through its Exempt Edge division.

Olympia’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.