LEHI, UT--(Marketwire - May 9, 2012) - Agricon Global Corporation (Agricon), formerly BayHill Capital Corporation (
Mr. Jonassen joins James U Jensen, Rene Mikkelsen, and Robert Bench on the board, bringing the total number of directors to four.
Mr. Jonassen filled the vacancy on the board left by the resignation of Peter Moller who resigned on March 31, 2012 upon the completion of the acquisition by Agricon of Canola Property Ghana Limited.
Mr. Jonassen is an experienced professional with over 25 years in audit profession in Denmark. He was appointed as certified public accountant in 1996 and served as audit manager in Arthur Andersen until 1996 and has been serving as audit partner in Crowe Horwath Denmark since 1996. Mr. Jonassen is a CPA and holds a degree of master in business economy from Copenhagen Business School.
Mr. Jonassen has served as CEO of Crowe Horwath where he was also International liaison partner establishing a professional worldwide network. During his professional work he has assisted start-ups and a large number of small to midsized companies, including assisting with IPO's in Denmark and USA. Mr. Jonassen has specialized in IFRS public reporting and conversion process. He has been an adviser in large M&A transactions, and has been co-founder of a number of private companies in Denmark in a number of different sectors.
Mr. James U Jensen, Chairman, said "How pleased we are to have Mr. Jonassen join our board. His expertise with international public reporting and his broad international experience will benefit our company in many ways. His experience with public companies, IFRS transitional issues and background with public companies will also be a benefit as Agricon expands its global operations."
About Agricon Global Corporation
Agricon is a development stage smaller reporting public company that recently acquired 100% interest in Canola Property Ghana Limited (CPGL), based in Ghana West Africa. CPGL is in the process of locating appropriate land that might be leased for cultivating and harvesting agricultural products. CPGL plans to lease undeveloped land, at attractive prices, that can be cleared and used for cultivation and production of rotation crops such as maize (corn), sunflower, soya and canola.
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Contact Information:
Contact:
Robyn Farnsworth
801-592-3000