WesCan Energy Corp. press release
WesCan Energy Corp. Appoints New CFO
TSXV - TSX Venture Exchange · Oil · Natural Gas · Natural Gas Liquids · Canada
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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATESNEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
CALGARY, June 3, 2013/CNW/ - WesCan Energy Corp. (TSXV:WCE) ("WesCan" or the "Company") announces that John H. Cassels has been appointed Vice-President, Finance, and Chief Financial Officer of the Company. The appointment of Mr. Casselsis subject to regulatory approval.
Mr. Casselsis a Chartered Accountant in Canadawith over 35 years of experience in the oil and gas industry, serving as a senior officer and director of several oil and natural gas companies. Mr. Casselswas a founding shareholder, chief executive officer and director of Highview Resources Ltd., a publicly traded company that built a significant inventory of natural gas and oil prospects in Alberta and Saskatchewan. He holds a BA degree from Bishop's University in Sherbrooke, Quebec.
Mr. Casselsreplaces Dwight Fieseler who resigned as Vice-President, Finance and Chief Financial Officer, to pursue another business opportunities. The Board of Directors would like to thank Mr. Fieselerfor his contributions to WesCan and wish him well in his future pursuits.
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Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the issuance of units pursuant to the private placement, the identity of the subscribers under the private placement, the proposed use of proceeds, the expiry of hold periods and regulatory approval. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the shares may not resume trading as planned and that the escrowed shares may not be released as planned.
SOURCE: WesCan Energy Corp.
Greg T. Busby, President & CEO WESCAN ENERGY CORP. Tel: (403) 265-9464
Copyright CNW Group 2013