| Philippe Marleau | David Kennedy |
| Chief Executive Officer | Chief Financial Officer |
| (514) 789-0694 ext. 225 | (514) 789-0694 ext. 298 |
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Restructuring Announced to Accelerate Profitable Growth
IOU Financial Inc. will begin a restructuring plan in September, 2016, which will reflect the company’s long-term outlook for loan origination growth of 25 per cent to 30 per cent annually.
The plan includes a reduction in the company’s operating expenses as well as a work for…