Investor Relations

Limestone® has a 35-year history as a heritage brand renowned for its timeless design, big water performance, quality manufacturing and durability.

Limestone Boat Company is publicly traded on the Toronto Venture Exchange under the ticker symbol BOAT, and on the U.S. trading platform OTCQB Venture Market under the ticker symbol LMSBF.

Headquartered in Collingwood, Ontario, manufacturing in White Bluff, Tennessee 145,000 sq. ft facility with a large, skilled labor force and dealer partners throughout the North East United States and across Canada provide scale for growth and sales distribution.

Led by a passionate team of elite marine industry veterans encompassing more than 100 years of combined experience in manufacturing, finance, marketing and customer-service.

Evolved and expanded product line to appeal to both commercial and recreational boaters, specifically focusing on industry shift in consumer preference to powerboats in the 20-30 foot category.

Growing number of first time buyers and returning lapsed boaters has resulted in an 8% year over year increase in new powerboat sales in 2020 (National Marine Manufacturing Association).

Be a part of our future as we build on our renowned heritage brands and move them forward into tomorrow.

TSXV:

BOAT

BOAT Price Today by TradingView
OTCQB:

LMSBF

LMSBF Price Today by TradingView

Press Releases

The Limestone Boat Company Successfully Completes Sea Trials for the First Fully Electric Production Center Console Boat in the US

June 8, 2022

The Limestone Boat Company is set to move forward with serial production of the first fully electric center console boat produced in the United States. Collingwood, Ontario, June 8, 2022 – The Limestone Boat Company (the “Company”) […]

The Limestone Boat Company Announces First Quarter 2022 Results

June 1, 2022

 Limestone continues to grow unit production, revenues, and gross margins as it scales production to meet unprecedented market demand from its growing Dealer Base  Collingwood, Ontario – May 30, 2022 – The Limestone Boat Company […]

The Limestone Boat Company Limited Announces Closing of Its Previously Announced Non-brokered Private Placement Offering of 10% Unsecured Convertible Debentures, and Proposed Offering of up to $3.0 Million of Additional 10% Unsecured Convertible Debentures With Lower Conversion Price

May 12, 2022

Capital infusion into the Company aims to increase near-term production throughput to meet the growing backlog and increased demand for both its Limestone and Aquasport Brands through 2023. Collingwood, Ontario, May 12, 2022 – The […]

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Contact

Bill Mitoulas, Investor Relations
bill@limestoneboats.com
(800) 720-2395

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Corporate Information

Management

Scott holds an honors diploma in marine design, engineering, and boatbuilding from the Landing School in Kennebunk, Maine. He also brings over 33 years of marketing and business management experience to Limestone, including taking the helm of Rossiter Boats in 2007, where he took it from two part-time employees, to the viable, international boat brand that it has become in just over a decade.

Ryan holds an Honors Bachelor of Accounting from the Goodman School of Business at Brock University and brings over 10 years of experience in finance and financial reporting, having worked for a global professional services firm and a large Canadian financial institution. Ryan has spent the last few years acting as an outsourced finance consultant and accounting advisory expert to both publicly listed and private companies in the financial services, manufacturing & distribution, natural resources, professional services and retail & consumer business sectors advising on the application of various financial reporting frameworks including IFRS, US GAAP and ASPE. Prior to joining the Limestone team as full-time Interim CFO, Ryan has been providing finance services to the Company for the past year.

Taylor has the unique combination of experience as an associate investment banker, as well as both industrial management and construction. Taylor has brought that passion for excellence to the research, development and implementation of the product development and manufacturing of the company's products in Tennessee. Prior to Taylor's engagement as Vice President Product Management of Limestone, he worked in the Hanson Family Office, researching investment opportunities, as well as the development of the Limestone acquisition since September 2019. Following time as an Investment Banking Associate at International Capital Management and then Gravitas Securities, Taylor was a Corporate Development Associate at Medic Holdings.

Board of Directors

Telfer is an experienced capital markets professional having served 22 years in senior investment banking positions, including covering healthcare and medical technology companies. Most recently, Mr. Hanson co-founded and is Chairman of Mimi's Rock Corp. (TSXV:MIMI). Prior to that Mr. Hanson held senior investment banking positions at several independent brokerage firms.

Bryan Pearson is the former CEO of LoyaltyOne Co. and currently serves as a Corporate Director and strategic advisor to a number of for profit and charitable organizations.  He is a global leader in customer loyalty, retail marketing and analytics, and a passionate advocate for the ability of marketing, leadership and culture to transform business performance. Under Bryan's leadership, LoyaltyOne expanded beyond its AIRMILES business and grew to a company employing over 2,000 associates in over 28 countries.  LoyaltyOne was recognized repeatedly as a leading employer, a most admired corporate culture, one of the greenest companies and one of Canada's top employers for millennials and women. Bryan is a best-selling author and frequent contributor to Forbes magazine.  He holds an MBA and a BScH (microbiology and biochemistry) from Queen's University in Kingston.

Charmaine Crooks is a five-time Olympian, Entrepreneur and Community Leader. Based in West Vancouver, with over 20 years of governance experience as a Director on several National and International non-profit and public boards. President and founder of NGU Consultants Inc (1997), providing strategic advisory and corporate development to a variety of sectors including health, technology, sports and major events. Recognized in 2018 as one of Canada's Most Powerful Top 100 by the Women's Executive Network.

Alan Gertner is a proven leader in strategy and operations and most recently served as the Chief Retail Officer for Canopy Growth and as CEO of Hiku Brands, a portfolio of premium cannabis brands, including Tokyo Smoke, Van der Pop, DOJA and Maitri. Alan was a founding member of Google's first Global Business Strategy team while based in Mountain View, California and led a $100M+ organization at Google in Asia. Prior to Google, Alan was a management consultant at Oliver Wyman in New York and graduated Dean's List from the Richard Ivey School of Business in 2006.

A Principal with Origin Merchant Partners and has over 30 years of investment banking experience at both Canadian and international investment banks. Charlie has extensive investment banking experience in public and private debt & equity financings, M&A and advisory services with Origin, Blackmont Capital, Midland Walwyn/Merrill Lynch, TD Securities and Richardson Greenshields. Charlie is currently on the board of Urbana Corporation.  He graduated with a Bachelor of Commerce (Honours) from Queens University.

Mr. Grandin has over 25 years of experience starting companies and building teams in the high-tech product sector. He combines a strong entrepreneurial skill set with an extensive background in software and integrated system development. He has successfully led companies in digital media, product development, and sports-related technology. Mr. Grandin has a Bachelor’s of Science in Electrical Engineering and Computer Science from the University of Wisconsin and an MBA in High Technology from Northeastern University.

Mr. Gaines is Chairman of Vision Marine Technologies (NASDAQ:VMAR) and is a globally respected and highly experienced investment banker/advisor and entrepreneur. Mr. Gaines specializes in large scale capital formation, M&A, workouts/restructuring, and Board protocol and governance. From 1984 through 1998, Mr. Gaines was an activist investor. During that time, he identified and financed specific opportunities for, and was Chief Advisor to financier and shareholder activist Carl C. Icahn, covering all of Mr. Icahn's energy investments, including Gulf Oil, Texaco, Pennzoil, Phillips Petroleum, Williams Cos., Unocal, USX (Marathon Oil), Tenneco, Western Company of North America, among many others. Mr. Gaines holds a BBA in Finance from Baruch College (CUNY), and an MBA in Finance ("With Distinction"-Valedictorian) from The Zarb School, Hofstra University Graduate School of Management.

Frequently Asked Questions

Limestone's fiscal year ends December 30. Limestone's quarters are Q1 (March 31), Q2 (June 30) and Q3 (September 30).

TMX Equity Transfer is Limestone's Transfer Agent.

http://tmxequitytransferservices.com/contact-us/

KPMG LLP  is Limestone's Independent Auditor.

Shareholders are invited to attend the annual meeting of Limestone Boat Corporation. The meeting is typically held in March, further details will be provided shortly.

Statement & Filings

To view Limestone's full financial disclosures, please visit SEDAR.
View SEDAR

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