TSX Trading Symbol: NAL
CALGARY, June 24 /CNW/ - Newalta Inc. ("Newalta") (TSX:NAL) today
announced the appointment of Tom Ryley to the Board of Directors of Newalta.
Mr. Ryley has been in the Canadian energy industry for over 30 years, and is
currently a Principal with Beacon Head Energy, a business advisory and
investment management firm specializing in alternate and renewable energy.
Previously he was with Suncor Energy for 25 years, where he held a wide range
of commercial, operating and business development positions. Mr. Ryley
finished his career with the company as Executive Vice President of Refining
"We are pleased to welcome Tom to Newalta," said Barry Stewart, Chair of
the Board of Newalta. "His extensive oil and gas industry experience in Canada
and the U.S., and specifically his expertise around the opportunities related
to Canada's oil sands, will provide valuable input to Newalta and to our
Mr. Ryley is a graduate of York University and Carleton University. A
resident of Toronto, he is a former member of the fundraising Cabinet, and a
long-time supporter of the United Way of Greater Toronto. He is currently a
director of Benefuel Inc., and is a former Chair of the Canadian Petroleum
Newalta Inc. is Canada's largest industrial waste management and
environmental services provider and focuses on maximizing the value inherent
in industrial waste through the recovery of saleable products and recycling.
It also provides environmentally sound disposal of solid, non-hazardous
industrial waste. With talented people and a national network of facilities,
Newalta serves customers in the automotive, construction, forestry, lead,
manufacturing, mining, oil and gas, petrochemical, pulp and paper, refining,
steel and transportation service industries. Providing solid investor returns,
exceptional customer service, safe operations and environmental stewardship
has enabled Newalta to expand into new service sectors and geographic markets.
Newalta trades on the TSX as NAL. For more information, visit www.newalta.com.
For further information:
For further information: Anne M. MacMicken, Executive Director, Investor
Relations, Phone: (403) 806-7019