a Capital Pool Company
TD North Tower, 77 King Street West, Suite 700, Toronto, ON M5K 1G8
TD North Tower, 77 King Street West, Suite 700, Toronto, ON M5K 1G8
Cuspis Capital Ltd. ("Cuspis") is a corporation incorporated under the Business Corporations Act (Ontario), the principal business of which is to identify and evaluate assets and/or businesses with a view to a potential acquisition or the acquisition of an interest therein in order to complete a Qualifying Transaction pursuant to the TSX-V's Policy 2.4.
Who we are:
William W. Ollerhead
President & CEO, Director
President & CEO, Director
Mr. Ollerhead is the Principal of Ollerhead Capital, and Managing Director of a private family investment and management services company, Chunkerhead Ltd. He has over 25 years of experience in the capital markets and corporate finance field. He presently serves on the board of directors of Thermal Energy International Inc. (TSX-V: TMG), where he is the Chair of the Audit Committee, and has served on several other boards of both public and private companies, and not-for profit organizations, as Chairman, director, and as a member and chair of Audit Committees.
Since founding Ollerhead Capital in 1997, he has provided advisory services in respect of the structuring and arranging of private debt financing for transactions totaling approximately $800 million. Previously, Mr. Ollerhead worked for an independent full-service investment dealer as a member of both its Corporate Finance and Fixed Income Sales and Trading departments. Prior to that, he worked with two Canadian institutional investors, MetLife and Sun Life, latterly co-administering approximately $2 billion in private placement investments. Mr. Ollerhead began his career in the capital markets in 1989, as the equity analyst for the Canadian equity portfolio of MetLife. His investment and capital markets experience has provided him with exposure to, and knowledge of, a broad range of industries.
Mr. Ollerhead holds a B.A. (Statistics) from the University of Western Ontario, and an M.B.A. (Finance) from McGill University. In 2010, he completed the Directors Education Program at the Institute of Corporate Directors at the Rotman School of Management, University of Toronto.
Since founding Ollerhead Capital in 1997, he has provided advisory services in respect of the structuring and arranging of private debt financing for transactions totaling approximately $800 million. Previously, Mr. Ollerhead worked for an independent full-service investment dealer as a member of both its Corporate Finance and Fixed Income Sales and Trading departments. Prior to that, he worked with two Canadian institutional investors, MetLife and Sun Life, latterly co-administering approximately $2 billion in private placement investments. Mr. Ollerhead began his career in the capital markets in 1989, as the equity analyst for the Canadian equity portfolio of MetLife. His investment and capital markets experience has provided him with exposure to, and knowledge of, a broad range of industries.
Mr. Ollerhead holds a B.A. (Statistics) from the University of Western Ontario, and an M.B.A. (Finance) from McGill University. In 2010, he completed the Directors Education Program at the Institute of Corporate Directors at the Rotman School of Management, University of Toronto.
Grant McCutcheon
CFO & Secretary, Director
CFO & Secretary, Director
Mr. McCutcheon is an entrepreneurial executive with business, legal and finance expertise. His career spans over twenty five years in corporate / securities law, capital markets and investment management. He trained and worked as a lawyer, and was an executive with a prominent private equity / venture capital firm with regulated investment funds from 1995-2008. He has served as an executive and director of public companies, including as CEO.
Through his experience in venture capital and private equity he has served on numerous public and private company boards, audit and compensation committees. He has lead all aspects of venture capital investing from initiating and structuring investments to partnering on them, developing management teams, and achieving “exits”.
Mr. McCutcheon has a strong and practical working knowledge of corporate governance and securities regulatory regimes having lead in the design of public company governance as well as compliance regimes for regulated investment management companies. He has worked closely with legal advisors and the regulatory framework for public companies.
Mr. McCutcheon practiced corporate and securities law in Toronto with the predecessor of Fasken Martineau DuMoulin LLP, a major Canadian law firm, from 1989 to 1992. He received his Masters of Business Administration from the Thunderbird School of Global Management, Phoenix, AZ. He has been active in the community serving as a Director of the Toronto Police Services charity “Pro Action Cops & Kids”, as President of the Jackman Institute of Child Study’s parents’ association, and as a coach and director in kids community sports associations.
Through his experience in venture capital and private equity he has served on numerous public and private company boards, audit and compensation committees. He has lead all aspects of venture capital investing from initiating and structuring investments to partnering on them, developing management teams, and achieving “exits”.
Mr. McCutcheon has a strong and practical working knowledge of corporate governance and securities regulatory regimes having lead in the design of public company governance as well as compliance regimes for regulated investment management companies. He has worked closely with legal advisors and the regulatory framework for public companies.
Mr. McCutcheon practiced corporate and securities law in Toronto with the predecessor of Fasken Martineau DuMoulin LLP, a major Canadian law firm, from 1989 to 1992. He received his Masters of Business Administration from the Thunderbird School of Global Management, Phoenix, AZ. He has been active in the community serving as a Director of the Toronto Police Services charity “Pro Action Cops & Kids”, as President of the Jackman Institute of Child Study’s parents’ association, and as a coach and director in kids community sports associations.
Jack Schoenmakers
Director
Director
Mr. Schoenmakers has spent the majority of his working career in the energy industry. He is currently President of Schoevest Investment Inc. and has served on venture listed company boards, including Thermal Energy International Inc (2012-2018) and Tribute Resources Ltd (2005-2018). Mr. Schoenmakers has sat on the Boards of several private companies including Nothing But Nature (2005-2017) which was acquired by Greenspace Brands Inc. (JTR on the TSXV) in February of 2017. Mr. Schoenmakers co-founded and acted as President of Ontario Energy Savings Corp., (currently trading as Just Energy on the TSX). Mr. Schoenmakers was previously the President of Avenue Energy, where he managed oil and natural gas assets in Ontario and Alberta, traded gas at various points in Canada and marketed natural gas to large volume industrial customers. Mr. Schoenmakers is a past Board Member of the Ontario Energy Association and past Chair of the Ontario Energy Marketers Association. Mr. Schoenmakers obtained his B.A. in Economics from the University of Waterloo.
C. Fraser Elliott
Director
Director
Since 1987, Mr. Elliott has been the President of CFE Financial Inc., a private investment banking company. During the past thirty years, Mr. Elliott has provided consulting and financial services including mergers, acquisitions, and structured financings, through CFE Financial Inc. to a variety of businesses in both the public and private sectors where he invested and retained an ownership position when warranted to assist in the growth of those companies.
From January 1, 2005, Mr. Elliott was Chief Financial Officer of Tangarine Payment Solutions Corp. a public company, which he listed on the TSX Venture Exchange. He arranged the successful sale of the business in March 2009. While involved with the company, he completed a number of debt and equity financings. From 1998 to 1999, he was VP - Finance, Chief Financial Officer and Secretary of Vital Retirement Living Inc., a public company he listed on the TSX Venture Exchange. He has been a director of VRL since 1998.
In April 2009, Mr. Elliott became Executive Chairman of Gowest Gold Ltd., a publicly listed gold exploration and development company. He has been active in raising the profile of the business including the completion of a dozen public underwritings from 2009 to 2018 totalling approximately $45 million.
Early in 2011, he was appointed CFO of Look Communications Inc. and Unique Broadband Systems, Inc., two publicly listed corporations. In July 2013, he became Chief Financial Officer of ONEnergy Inc. (formerly Look Communications Inc.), which is in the business of buying and selling natural gas and electricity. He resigned from Unique Broadband Systems, Inc. in July, 2013 following shareholder approval for the acquisition of ONEnergy Inc. After a six-month transition, he resigned from ONEnergy Inc. effective February 1, 2014.
He is presently a director of Sylogist Ltd. (from 2008), a public company listed on the TSX Venture exchange, where he served as chairman of the audit committee. He has served on a variety of school and charitable organization boards during the last 15 years.
Mr. Elliott obtained his B.A. in Economics from Western University, and his B. Comm. from the University of Windsor
From January 1, 2005, Mr. Elliott was Chief Financial Officer of Tangarine Payment Solutions Corp. a public company, which he listed on the TSX Venture Exchange. He arranged the successful sale of the business in March 2009. While involved with the company, he completed a number of debt and equity financings. From 1998 to 1999, he was VP - Finance, Chief Financial Officer and Secretary of Vital Retirement Living Inc., a public company he listed on the TSX Venture Exchange. He has been a director of VRL since 1998.
In April 2009, Mr. Elliott became Executive Chairman of Gowest Gold Ltd., a publicly listed gold exploration and development company. He has been active in raising the profile of the business including the completion of a dozen public underwritings from 2009 to 2018 totalling approximately $45 million.
Early in 2011, he was appointed CFO of Look Communications Inc. and Unique Broadband Systems, Inc., two publicly listed corporations. In July 2013, he became Chief Financial Officer of ONEnergy Inc. (formerly Look Communications Inc.), which is in the business of buying and selling natural gas and electricity. He resigned from Unique Broadband Systems, Inc. in July, 2013 following shareholder approval for the acquisition of ONEnergy Inc. After a six-month transition, he resigned from ONEnergy Inc. effective February 1, 2014.
He is presently a director of Sylogist Ltd. (from 2008), a public company listed on the TSX Venture exchange, where he served as chairman of the audit committee. He has served on a variety of school and charitable organization boards during the last 15 years.
Mr. Elliott obtained his B.A. in Economics from Western University, and his B. Comm. from the University of Windsor