Appointment of Alf Sailer to the Board of Directors of Winalta

CALGARY, April 3, 2014 /CNW/ - Winalta Inc. ("Winalta" or the "Company") (TSXV: WTA), today announced the appointment of Alf Sailer to its Board of Directors.

Mr. Sailer is the Executive Vice President, Corporate Development at ATK Oilfield Transportation Inc. ("ATK"), a provider of rig moving and oilfield equipment transportation services.  Prior to joining ATK, Mr. Sailer was the Managing Director, Investment Banking at AltaCorp Capital Inc. from 2010 to 2012. Prior thereto, Mr. Sailer was Vice President Investment Banking at Acumen Capital Partners.  In 1996, he received his MBA (finance) from the University of Calgary. In 2007, Mr. Sailer completed an executive leadership program on corporate governance at Harvard Business School.  Mr. Sailer is a director of CanaDream Corporation, a TSXV listed company.

During his 16 years in the investment banking industry, Mr. Sailer acted in an advisory capacity to numerous private and publicly listed companies and directly managed and co-managed over $5 billion in equity financings. 

"We are excited to welcome Alf to Winalta's Board of Directors," said Artie Kos, Executive Chairman of Winalta. "Alf's depth of experience in raising equity and mergers and acquisitions will add further support to Winalta's growth strategy in the rentals business."

Winalta Oilfield Rentals specializes in innovative and high-quality modular buildings for the Western Canadian Oil and Gas Industry. Winalta's rental fleet is comprised of single-unit Wellsites, Integrated Wellsite Systems (IWS), Dedicated Geo Labs, and Drill Camps.

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.

SOURCE Winalta Inc.

For further information: Austin Fraser, President, Phone: (403) 826-5701; David Hopley, CFO,Phone: (780) 469-0143, winalta@winaltainc.com