Centric Energy-Board Appointments
28 Septembre 2009 - 3:30PM
Marketwired
Centric Energy Corp. (TSX VENTURE: CTE) wishes to announce the
appointment of Anthony Dutton, Simon Anderson and Nicolas Davidoff
to its Board of Directors and the appointment of Darren Devine, a
current Director, as its Chairman.
Anthony Dutton is currently President, CEO and a Director of IBC
Advanced Alloys Corp. (TSX VENTURE: IB). He is a seasoned business
executive and entrepreneur experienced in corporate finance,
business development and strategic management. Mr. Dutton holds a
BA in Economics from the University of British Columbia and a MBA
from the Cranfield School of Management in the United Kingdom. Mr.
Dutton is a principal at Primary Capital Group and is also a
director of several public and private companies.
Simon Anderson has been a chartered accountant for over 20
years. He has extensive expertise in financial reporting, corporate
finance, and mergers and acquisitions. Currently, Mr. Anderson is a
director or chief financial officer of a number of publicly traded
companies trading on the TSX, TSX-V and NYSE-AMEX exchanges.
Nicholas Davidoff is a Senior Analyst at Firebird Management
LLC. Prior to joining Firebird, Mr. Davidoff was a trader at Ronin
Capital LLC. He holds a BSM in finance from Tulane University and
serves on the board of Kenya Fluorspar Company Ltd., a Kenyan
mining company.
The Board of Directors now comprises Alec Robinson, Darren
Devine, Anthony Dutton, Simon Anderson and Nicolas Davidoff.
Alec Robinson, President and CEO says:
"These changes to the Board bring new talents and experience
which will help to move the Company to the next level as quickly as
possible. The new Board is fully-aligned with the existing
geographical focus on sub-Saharan Africa, and no changes in that
strategy are planned. I welcome the new Directors and am excited to
have the opportunity to work with them and to move the company
forward.
"The company and myself personally, would like to express our
deep appreciation to the outgoing Directors. James Henderson in
particular was instrumental in founding Centric and has provided
strong guidance and leadership. Peter Hawley and Mike Harrison both
provided strong contributions during their time as Directors."
Centric is focused on acquiring significant oil and gas
opportunities with established partners in sub-Saharan Africa
within the context of a balanced portfolio, while maintaining costs
at a low level.
ON BEHALF OF CENTRIC ENERGY CORP.
Alec Robinson, President and Chief Executive Officer
This News Release does not constitute an offer to sell or a
solicitation of an offer to sell any securities in the United
States. The securities have not been and will not be registered
under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to a U.S. Person unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
Forward-Looking Statements:
Statements in this release that are forward-looking statements
are subject to various risks and uncertainties concerning the
specific factors identified in Centric's periodic filings with
Canadian Securities Regulators. Such forward-looking information
represents management's best judgment based on information
currently available. No forward-looking statement can be guaranteed
and actual future results may vary materially. Centric Energy Corp.
does not assume the obligation to update any forward-looking
statement except as required by applicable securities laws.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: Centric Energy Corp. Alec E. Robinson Toll Free: +1
(800) 962-7189 or: +44 207 222 8512 www.centricenergy.com
Centric Energy Corp. (TSXV:CTE)
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