Deer Valley Corporation Announces Election of New Director

Deer Valley Corporation announced this week that Shad L. Stastney has been elected to the firm’s Board of Directors, effective November 22, 2011. Stastney will fill one of two vacancies on the Board and will bring the Board to six. He graduated from the University of North Dakota in 1990 with a B.A. in Political Theory and History, and from Yale Law School in 1994 with a J.D. focusing on corporate and tax law. From 1994 to 1997, he worked as an associate at Cravath, Swaine and Moore (CSFB) in New York, eventually becoming a Director and Head of the Hedging and Monetization Group. In 2001, he jointly founded Victus Capital Management, LP, and in 2004, he jointly founded Vicis Capital, LLC. Deer Valley is a growth-oriented manufactured home builder with headquarters in Tampa, Florida and operations in Guin, Alabama.

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