Divestco Reports Departure of Chief Financial Officer

Divestco Inc. ("Divestco" or the "Company") (TSX VENTURE:DVT) announces
departure of its Chief Financial Officer, Roderick Chisholm.


In conjunction with the overall restructuring efforts of Divestco, the Board of
Directors and Mr. Chisholm have agreed that given the current size of the firm
and depth in the accounting and finance department, it was a mutually beneficial
time for Mr. Chisholm and the Company to amicably part ways. Mr. Chisholm has
agreed to consult for the Company on an as needed basis.


For the near to medium term Mr. Stephen Popadynetz will assume the role of Chief
Financial Officer. Danny Chiarastella, Vice President Finance will report
directly to Mr. Popadynetz.


Mr. Roderick Chisholm, former Chief Financial Officer: "My years at Divestco
were some of the most challenging yet most rewarding of my career. I wish to
thank the staff, Management and the Board of Directors for the opportunity. This
is the right decision for the firm, and one which I fully endorse. Divestco is a
great company and, as a shareholder, I look forward to their continued success."


Mr. Stephen Popadynetz, Chief Executive Officer and President: "For well over
six years Mr. Chisholm and I have developed a solid working chemistry. While we
will miss Rod's full time efforts at Divestco, we wish Mr. Chisholm the best and
look forward to our continued working relationship."


Divestco is an exploration services company that provides a comprehensive and
integrated portfolio of data, software, and services to the oil and gas
industry. Through continued commitment to align and bundle products and services
to generate value for customers, Divestco is creating an unparalleled set of
integrated solutions and unique benefits for the marketplace. Divestco's breadth
of data, software and services offers customers the ability to access and
analyze the information required to make business decisions and to optimize
their success in the upstream oil and gas industry. Divestco is headquartered in
Calgary, Alberta, Canada and trades on the TSX Venture Exchange under the symbol
"DVT".

Divestco Inc. (TSXV:DVT)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024