CALGARY, Sept. 19, 2012 /CNW/ - Ridgeline Energy Services Inc.
("Ridgeline" or the "Company") (TSXV: RLE) (OTCQX: RGDEF) (FSE: RL7),
an energy services and water treatment company, today announced that
Kevin M. Bridges has been appointed Chief Financial Officer, effective
October 1, 2012. Mr. Bridges succeeds James Yeager, who will be leaving
the company to pursue other opportunities.
Tony Ker, president and chief executive officer of Ridgeline, said, "We
are pleased to have Kevin Bridges join Ridgeline at this important
point in the history of the company. He has demonstrated a record of
success in managing financial operations at rapidly growing corporate
entities. In particular, as we look to further deploy our wastewater
treatment technologies throughout North America, Kevin's extensive
experience in the real estate sector will assist us as we look to
acquire facilities such as our Santa Fe Springs operation in Southern
California. We look forward to his leadership as we work to grow
Ridgeline into a leading wastewater treatment and environmental
management company in the coming years."
Mr. Bridges, 46, brings more than a decade of experience in senior
management positions in finance and accounting with both public and
private companies. From 2006 to the present, Mr. Bridges served in
positions of increasing executive responsibility for the Shopoff
Companies, a private real estate investment firm specializing in
offering qualified clients diversified long-term investment
opportunities for a diversified client base including banks,
developers, builders, and high net worth individuals. Mr. Bridges
served as Chief Financial Officer, was a member of the Board of
Directors and Corporate Secretary of Shopoff Properties Trust, a
publicly registered, non-traded real estate investment trust. Mr.
Bridges also acted as Financial and Operations Principal, during and
subsequent to the launch of Shopoff Securities Inc., a registered
broker/dealer firm. Additionally, Mr. Bridges was the Chief Financial
Officer for The Shopoff Group, L.P., a real estate venture capital and
investment firm. From 2001 to 2006 Mr. Bridges was Director of Finance
for Newport Beach, California-based Cameo Homes with responsibility for
equity and debt financing. Mr. Bridges holds a Bachelor's degree in
Business Administration from The University of Texas at Austin and is a
Certified Public Accountant.
"I would also like to extend my appreciation to James Yeager for his
service to the company," continued Mr. Ker. "His focus and dedication
has helped us in setting the stage for the company to step up to the
next level of its development. We wish him well in his future
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is an energy services and water treatment
company. The Company is applying proprietary technology to treat water
generated from industrial and commercial waste water markets. These
markets include a wide variety of clients across a broad spectrum of
industries including oil and gas. Through its environmental consulting
and remediation divisions, Ridgeline Environment has built a reputation
as an established provider of environmental services to the Western
Canadian oil and gas industry. Ridgeline GreenFill provides soil
remediation and wet waste disposal services to the oil and gas
industry. The Company trades on the TSX Venture Exchange under the
symbol "RLE", the OTCQX as "RGDEF" and the Frankfurt Stock Exchange as
Additional information is available on the Company's website at: www.ridgelinecanada.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Ker, CEO
"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 news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
SOURCE: Ridgeline Energy Services Inc.
For further information:
Ridgeline Energy Services Inc.
(604) 566-8066 ext. 3 (Vancouver)
Robert Blum, Joe Diaz or Joe Dorame
Lytham Partners, LLC
(602) 889-9700 (Phoenix)