Rhys Resources Announces Robert Bailey, P. Eng. as President and CEO
April 24 2014 - 12:50PM
Access Wire
VANCOUVER, BC / ACCESSWIRE / April 24, 2014 / Rhys Resources
Limited (the "Company") is pleased to announce the appointment of
Robert Bailey as President, CEO and Director of the Company
Mr. Bailey brings 35 years of experience to his role as
President and CEO of Rhys Resources, with particular strength in
oil and gas acquisitions and development in Western Canada. He has
extensive work experience with major Canadian oil and gas companies
complemented by key exposure to junior public companies. Prior to
2005, Mr. Bailey was a Vice President in an exploration group at
EnCana Corporation. In 2005 Mr. Bailey became a founding
shareholder, officer and director of a junior oil sands company.
The company was sold to Athabasca Oil Sands Corporation in 2010 for
a transaction price of $144 million.
Mr. Bailey has been active in Alberta since 2010 advising
clients on reservoir engineering and corporate asset
transactions.
The Company also wishes to announce that Scott Parsons has
resigned as CEO of the company but will remain with the company as
a Director.
On Behalf of the Board
"Scott Parsons"
Director and CEO
Rhys Resources Ltd.
(604) 336-0376
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE: Rhys Resources Limited
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