The gloves will stay on at former contaminated soil processor Benev Capital Inc. and specialty finance company Difference Capital Financial Inc. The two combatants have resolved their issues before their proxy fight really got started.
Vancouver-based Benev, previously known as Bennett Environmental Inc., will expand its board of directors from four to seven members, supporting the addition of three Difference nominees. Difference will put forward its executive vice-chairman Paul Sparkes, as well as Difference board members Art Mesher (the former CEO of Descartes Systems Group) and John Albright (who focuses on venture capital investing) for appointment. Difference plans to support Benev’s existing members.