TORONTO, Dec. 20, 2012 /CNW/ - The Westaim Corporation ("Westaim" or the
"Company") (TSX: WED) announced today that Mr. Bruce Walter has
resigned as a director of the Company for personal reasons.
Ian Delaney, Chairman of the Company, commented: "We offer our sincere
thanks to Bruce for his dedicated and diligent service to Westaim over
many years. Bruce has always been an important contributor to the
Company, its board and committees. His insights and sense of humour
will be missed."
Certain portions of this press release as well as other public
statements by Westaim contain forward-looking statements. Such
forward-looking statements include but are not limited to statements
concerning the investment strategies and expected rates of return; and
strategic alternatives to maximize value for shareholder. These
statements are based on current expectations that are subject to risks,
uncertainties and assumptions and Westaim can give no assurance that
these expectations are correct. Westaim's actual results could differ
materially from those anticipated by forward-looking statements for
various reasons generally beyond our control, including but not limited
to: (i) changes in market conditions or deterioration in underlying
investments; (ii) general economic, market, financing, regulatory and
industry developments and conditions; (iii) other risk factors set
forth in Westaim's 2011 Annual Report, quarterly reports or AIF.
Westaim disclaims any intention or obligation to revise forward-looking
statements whether as a result of new information, future developments
or otherwise except as required by law. All forward-looking statements
are expressly qualified in their entirety by this cautionary statement.
SOURCE: Westaim Corporation
For further information:
Jeff Sarfin, Chief Financial Officer