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Cuba Ventures Corp.

Cuba Ventures Corp.

Sector: Travel Agencies Region: Canada


: | TSX Venture Exchange: CUV.V


Cuba Ventures Corp. (TSX-V: CUV) is a publicly traded Canadian investment company capitalizing on the growth and unique opportunities in the USD$3 billion per year and growing Cuba travel and tourism industry. Travelucion Media, a wholly owned subsidiary, is a worldwide digital media and marketing company which owns a vast portfolio of Cuba related websites and online portals providing travel information, booking solutions and online reservations for international visitors to Cuba. Travelucion's 432 Cuba focused web assets generate over 30 million page-views per year and direct traffic to the company's online booking and e-commerce sites. These online sites cover all facets of Cuba including over 80 travel destinations, hotels & resorts, bed & breakfast, tours, car rentals, restaurants, as well as Cuban culture, music, celebrities, sports, medical treatments and more. Travelucion's revenues have been rapidly growing in the wake of the notable shift in American policy towards Cuba with diplomatic relations now normalized and restrictions on qualified American travel to Cuba have relaxed, opening up a multi-billion dollar travel market to the Caribbean nation. Travelucion's presence in Cuba over the past two decades has given Cuba Ventures Corp. a competitive advantage in the Cuba travel space. With the relaxing of rules for American travelers to Cuba and the potential of further easing, growth and investment opportunities are on the rise in Cuba.

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Executives

James G. Pettit, President, CEO and Director
Jim Pettit has been a Director of MPH Ventures Corp., the predecessor to Cuba Ventures Corp., since January of 2002 and was appointed President and Chief Executive Officer in 2004. Mr. Pettit is currently serving on the board of directors of five publicly traded companies and offers over 25 years of experience within the industry specializing in finance, corporate governance, executive management and compliance. Jim was previously Chairman and CEO of Bayfield Ventures Corp., a TSX Venture company, which was acquired by New Gold Inc. in January 2015.
Steve Marshall, Director of Cuba Ventures, Founder and President of Travelucion Media
Steve Marshall serves as a Director of Cuba Ventures Corp. and is the Founder and President of Travelucion Media. Mr. Marshall is a trilingual entrepreneur specializing in international marketing and deal brokering. He has successfully adapted to varied world markets throughout his career directing marketing campaigns in Spain, France, Russia, Moldova, Ukraine and Cuba including a multinational timeshare company and a multilevel digital marketing corporation he successfully sold to a large German marketing company. Mr. Marshall spent 11 years in Cuba specializing in Cuban joint ventures and successfully founded a number of companies including: • Primeras Inversiones - Havana Free Zone • CIMEX - the first state approved real estate joint venture with the Cuban government • Dimension W - tech startup joint venture with the Cuban Ministry of Communications • First Cuba centric online marketing company handling over 30 million annual internet visitors with the Cuban Ministry of Tourism Mr. Marshall was a special advisor to a number of Cuban corporations spearheading their entrance into the new economy and providing support and investment in a range of commercial sectors. He is knowledgeable concerning the idiosyncrasies of dealing with the Cuban Government and Cuba's foreign investment laws. Steve Marshall's past Cuban ventures have received coverage in the Financial Times, BBC News, CNN, Time Magazine, Washington Post, Chicago Tribune and The Wall Street Journal. Mr. Marshall also found time to concentrate on his philanthropic initiatives including refitting of the Pinar del Rio General hospital with over $800,000 in second hand medical equipment and importing containers of children's toys for the pediatric cancer unit at the Havana William Soler Hospital in Cuba.
Donald C. Huston, CFO and Director
Don Huston serves as a Director and acting Chief Financial Officer of Cuba Ventures Corp. He has been associated with the public capital markets and mineral exploration industry for over 30 years. He has extensive experience as a public company officer and financier having worked with numerous TSX Venture listed companies over the years. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario, Manitoba and Saskatchewan. Mr. Huston serves as a Director of four Canadian public resource companies.

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