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CALGARY, Feb. 10, 2014 /CNW/ - ("BNP" or the "Corporation") would like to announce that effective February 10, 2014 Mr. G.A. Bilcox will be retiring from his current positions of President, CEO and Director of BNP Resources Inc. Mr. Bilcox expects to maintain a role in the company during the next two weeks to aid in the transition. Mr. James Evans Doody will be taking over from Mr. Bilcox as President & CEO effective immediately.
Mr. Bilcox has been with BNP since its inception in late 2005 and would like to take this opportunity to thank all the past and present Directors, Officers and Consultants associated with BNP over these years. Considering the difficult times that the industry has experienced since early 2009, especially for the small oil and gas companies, it truly shows the high level of commitment of the industry people that have been associated with BNP during this time.
BNP is actively engaged in the exploration for and the development and production of oil and natural gas reserves. BNP's business strategy is to build sustainable and profitable per share growth through internally generated exploration and development drilling.
BNP has approximately 61,912,151 Class A shares issued and outstanding which trade on the TSX Venture Exchange under the symbols "BNX.A".
Neither the TSX Venture Exchange nor Its Regulation Services Provider (as the term Is defined In the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: BNP Resources Inc.
For further information:
Gregory Bilcox, President and CEO
BNP Resources Inc.