CALGARY, June 19, 2018 /CNW/ - Zedcor Energy Inc. (the
"Company" or "Zedcor") (TSX VENTURE: ZDC) announced today that Mr.
Dean Swanberg has been appointed
Chairman of the Board of Directors, in addition to his position as
Interim Chief Executive Officer of Zedcor.
The Company wishes to thank Mr. Brad
Munro for his valuable contributions to the Board of
Directors since August 2014.
The Company is pleased to announce the election of Mr.
Brian McGill and Mr. Bob Petryk to the Company's Board of Directors
at the Annual and Special Meeting of Shareholders held today.
Mr. McGill has been a Partner at Stawowski McGill since 2009 and
with the firm since 2000. Prior thereto, Mr. McGill was the Chief
Financial Officer of a private group of oil services companies from
1993 to 2000, which was built up then sold to a large Canadian
drilling contractor. Mr. McGill is a CPA, CA and has over 30 years
of practical experience in corporate growth, acquisition
strategies, and financial management of local and foreign
subsidiaries in the US, South
America, and the Caribbean.
Mr. McGill is also a part time instructor of business finance at
the University of Calgary.
Mr. Petryk is an engineering professional with 40 years of
technical, operational and managerial experience in the oil and gas
industry in Canada and abroad.
Since 2010 he has provided operations management consultancy
services for various junior oil and gas companies active
domestically and internationally. Prior thereto Mr Petryk held
senior management positions in the upstream E&P sector, with
junior oil and gas companies including Petrorep Canada Ltd.,
Redwood Energy Ltd. and Bankers Petroleum Ltd., as well as in the
oilfield service sector with Fracmaster Ltd. He has served as a
director on five public company boards, four of which were in the
oil and gas industry. Mr. Petryk holds a Bachelor of Science in
Mineral Engineering, Petroleum Specialization from the University of Alberta and is a retired member of
APEGA.
The Company also announced today that options to purchase
225,000 common shares of the Company were granted to non-management
directors of the Company, with an exercise price of $0.25 per share. The options have been granted
pursuant to the Company's 10% rolling stock option plan and will
expire five years from the date of grant. All of the options will
vest as to one third thereof on each of the first, second and third
anniversaries of the date of grant
About Zedcor Energy Inc.
Zedcor Energy Inc. is a Canadian public corporation and parent
company to Zedcor Energy Services Corp. ("Zedcor Corp."). Zedcor
Corp. is engaged in the rental of surface equipment and
accommodations and providing security and surveillance services in
Western Canada. The Company trades
on the TSX Venture Exchange under the symbol "ZDC".
Neither 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.
SOURCE Zedcor Energy Inc.