TrinCan Capital announces change to its Board of Directors and CFO

TSX-V: TRN

TORONTO, May 16, 2014 /CNW/ - Colin Bowdidge, Ph.D., P.Geo. President of TrinCan Capital Corp. ("TrinCan" or the "Company") (TSX-V: TRN) today announced that Rebecca Hudson, CPA, CA has resigned as the Company's Chief Financial Officer and from the Company's Board of Directors in order to pursue other opportunities. Dr. Bowdidge expressed his deep gratitude to Ms. Hudson for her dedicated assistance through the transition and integration of TrinCan's recent acquisition of Markinch Resources Inc. and wishes her the best of luck in her future endeavours. 

Dr. Bowdidge also announced the appointment of Alain Tremblay to the Board of Directors to fill the vacancy created by the resignation of Ms. Hudson.  Mr. Tremblay is the President and principal shareholder of Prospectair Geosurveys Inc., (est. 2005), a successful company providing helicopter-borne magnetic and electromagnetic surveys to the Canadian mineral exploration industry.  In the 10 years prior to establishing Prospectair, Mr. Tremblay worked in the mineral exploration field as an independent bush pilot and prospector. In 2012, in collaboration with other partners, Mr. Tremblay founded Nouveau Monde Mining Enterprises Inc., which is now listed on the TSX Venture Exchange.

In addition, Mr. James Micules, CA, has been appointed as Chief Financial Officer of the Company.  Mr. Micules is a Chartered Accountant with over 30 years of experience in public accounting, concentrating on tax consulting and planning.

ABOUT TRINCAN CAPITAL CORP: TrinCan is engaged in oil and gas production and exploration, as well as mining exploration. The Company holds non-operating working interests of between 25 and 50 percent in a group of producing oil leases 40 kilometres south of Lloydminster, Saskatchewan. It also holds 93.3% working interest in an exploration lease on 1¾ sections in northwestern Alberta, referred to as the Nipisi project. In mining exploration, the Company has a 60% working interest in a group of optioned properties at Tashota, 215 kilometres northeast of Thunder Bay, Ontario. The Tashota Project includes a gold-bearing zone known as the Paulpic deposit, which has a NI43-101 compliant inferred mineral resource of 68,900 ounces of gold at a grade of 8.24 grams of gold per tonne. The Company also holds an option to acquire 100% of the 920-acre Maki gold property near Beardmore, Ontario, as well as a 100% interest in the Opinaca 2 gold prospect covering approximately 18,000 acres in the James Bay area of northern Québec. The Opinaca 2 property is 15 kilometres southwest of Goldcorp's Éléonore/Roberto gold deposit.

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. No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.

SOURCE TrinCan Capital Corp.

For further information: Colin Bowdidge, Ph.D., P.Geo, President at (416) 807-2004