Feb 3 (Reuters) - FCF Capital Inc FCF.V :
* Announces plans to appoint stephen reid as CEO, pursue new investment
opportunities and increase its investment capital
* Board will also appoint james bell as an independent director of the company
* Says has sold its investment in polaris infrastructure inc. for total
proceeds of approximately $9.59 million
* Says will also pursue a private placement financing of up to $25 million
following the closing of the transaction
* Allan bezanson would resign as interim CEO and would be appointed executive
vice-president, capital markets
* Says courtenay wolfe would step down as executive chair of the board, but
would remain as a director of the company
* Source text for Eikon Further company coverage FCF.V