Prairie Provident Announces Leadership Change
March 30 2021 - 06:11PM
Prairie Provident Resources Inc. ("Prairie Provident" or the
"Company") (TSX: PPR) announces today that Tony van Winkoop,
who currently serves as Chief Executive Officer and a director, has
elected to retire from the Company effective May 1, 2021. Mimi Lai,
Chief Financial Officer of Prairie Provident and its predecessor
since January 2015, has been appointed Interim Chief Executive
Officer by the Company's board of directors.
"The shareholders, employees and directors very
much appreciate Tony's contributions and efforts during his tenure
with Prairie Provident, and we wish him well in his next
endeavours," said Patrick R. McDonald, Chair of the Board of
Directors. "Going forward, the Company is well positioned to
continue to execute its capital program and business plan under
Mimi's leadership, with her intimate familiarity with its
operations and affairs enabling a smooth CEO transition."
The Board of Directors will now commence a
search process for determining a permanent Chief Executive
Officer.
ABOUT PRAIRIE PROVIDENT:
Prairie Provident is a Calgary-based company
engaged in the exploration and development of oil and natural gas
properties in Alberta. The Company's strategy is to grow
organically in combination with accretive acquisitions of
conventional oil prospects, which can be efficiently developed.
Prairie Provident's operations are primarily focused at the
Princess and Michichi areas in Southern Alberta targeting the
Ellerslie, the Lithic Glauconite and the Banff formations, along
with an established and proven waterflood project at our Evi area
in the Peace River Arch.
For further information, please contact:
Prairie Provident Resources Inc.Mimi LaiInterim Chief Executive
OfficerTel: (403) 292-8171Email: mlai@ppr.ca
Prairie Provident Resour... (TSX:PPR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Prairie Provident Resour... (TSX:PPR)
Historical Stock Chart
From Mar 2023 to Mar 2024