RIA Resources Corp. Appoints New Ceo And Director
September 13 2011 - 5:50PM
PR Newswire (Canada)
CALGARY, Sept. 13, 2011 /CNW/ -- CALGARY, Sept. 13, 2011 /CNW/ -
RIA Resources Corp. ("RIA" or the "Corporation") is pleased to
announce that it has appointed Neil Wilson, P.Eng as Chief
Executive Officer and Director of the Company. Mr. Wilson has over
17 years of experience in the Canadian oil & gas industry
including Reservoir, Exploitation and Production Engineering, and
Acquisitions and Divestitures. Formerly VP Engineering with Power
Play Resources and Cordero Energy; Senior Engineer with Resolute
Energy, Canadian Natural Resources Ltd, Rio Alto Exploration, Cabre
Exploration, and PanCanadian Petroleum. Mr. Wilson holds a
Bachelor of Science in Geological Engineering. The Corporation also
announces the resignation of John R. MacMillan, as Interim
President and Chief Executive Officer of RIA, effective September
6, 2011. Mr. MacMillan will continue as a director of the
Corporation. Mr. MacMillan is pursuing other opportunities, and the
board of directors would like to thank him for his efforts over the
course of his engagement with the Corporation. In conjunction with
Mr. Wilson's appointment, the Corporation granted him 100,000 stock
options. The options granted have an exercise price of $0.12, and
shall vest: (i) 1/3 within 3 months of the date of grant; (ii) 1/3
within 12 months of the date of grant; and (iii) 1/3 within 18
months of the date of grant. The options granted will have a five
year term to expiry. RIA is a company listed and trading on the TSX
Venture Exchange, symbol: RIA. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. To view this news release
in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/September2011/13/c3073.html
p align="justify" Glenn Hamiltonbr/ Chief Financial Officerbr/ RIA
Resources Corp.br/ Telephone No. (403) 510-0844 /p
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