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Weatherhaven Acquired by Fulcrum Capital Partners, Chooses to Remain 100% Canadian-Owned and Operated

VANCOUVER, British Columbia, June 4, 2014-- Weatherhaven Global Resources Ltd. ("Weatherhaven"), one of the world's leading providers of redeployable shelter systems, has completed a transaction with Fulcrum Capital Partners Inc. ("Fulcrum"), which will see the Canadian-based private equity firm acquire a majority interest in the Canadian defence and infrastructure company.

In connection with the transaction the founding shareholders are stepping back and will assume an advisory role while the current senior management team, led by Chief Executive Officer Ray Castelli, has reinvested and will continue to lead the Company through this next phase of growth.

"We made a deliberate decision to remain 100% Canadian-owned and operated despite receiving compelling offers from strategic and financial buyers outside of Canada," says Weatherhaven CEO Ray Castelli.

Weatherhaven is one of the few companies in the Canadian Defence Review Magazine's annual ranking of the Top 50 Defence Firms in Canada that is 100% Canadian-owned and operated.

Last year, Weatherhaven engaged a leading global mergers and acquisitions (M&A) firm in the defence and aerospace industry to assist in identifying an ideal financing partner. While more than a dozen competitive bids were received from around the world, Weatherhaven ultimately chose Fulcrum Capital due to its Canadian heritage and proven track record of growing small and medium-sized companies.

"Fulcrum is excited to invest in Weatherhaven alongside current management and to play a role in maximizing the growth potential of this innovative shelter solution provider," says Fulcrum Capital Partner Michael Berkson. "We have been tracking Weatherhaven for the past five years and the timing of this investment is ideal as the potential global market opportunity for Weatherhaven's innovative shelter solutions and mobile camp designs has never been greater."

Weatherhaven has experienced more than 400% growth in the past 6 years. Now, with the development of four new innovative and globally patented shelter solutions and a strong, well-capitalized balance sheet, the company is poised to build upon this aggressive growth trajectory.

"Our decision was influenced by Canada's announcement of a new Defence Procurement Strategy (DPS) in February and we are confident that Weatherhaven can become an example of how to serve the long-term needs of our defence department while leveraging our innovative products and solutions into substantial global export growth," says Castelli.

ABOUT WEATHERHAVEN:

Weatherhaven Global Resources Ltd., headquartered in Burnaby, B.C., Canada, is a leading international supplier of soft-wall and container-based shelter systems for key military, commercial, government and medical applications worldwide. For more than 30 years, the Company has engineered, produced, and installed the highest quality structures via its global presence in strategic markets including Canada, Peru, Brazil, Africa, Australia and the United Kingdom. With deployments in over 50 countries and seven continents, Weatherhaven benefits from a growing base of customers consisting of prominent governments, militaries and commercial companies worldwide.

ABOUT FULCRUM CAPITAL:

Fulcrum Capital Partners Inc. is a Canadian-based middle market private equity firm with offices in Vancouver, B.C. and Toronto, ON. It makes investments across a variety of industry sectors including manufacturing, services, consumer products, distribution, food and retail. Managing over $500 million through two private equity funds and a portfolio of mezzanine investments, Fulcrum has helped build and grow more than 120 mid-market companies.

Contact:
Weatherhaven Global Resources Ltd.
Karla Arias
Marketing Media Manager
604-505-4496
Weatherhaven Global Resources Ltd.
Ray Castelli
Chief Executive Officer
778-998-4717
www.weatherhaven.com


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