TSX Venture: "DAL"
EDMONTON, May 21, 2014 /CNW/ - John Babic, Chairman and CEO of Dalmac Energy Inc. ("Dalmac") (TSX Venture "DAL") announces Mr. John Beasley, Chief Financial Officer, will step down as CFO of Dalmac after 3 years with the Company, effective May 30, 2014, to pursue an opportunity in the private sector. The company has initiated an executive search for his successor and in the interim the duties of CFO will be carried out by John Babic.
Dalmac is committed to strengthening its accounting and administrative functions and has recently hired Ms. Caroline Inacio as the new corporate controller who will help to ensure a smooth transition. Ms. Inacio has over 18 years public company accounting experience of which the majority was in the capacity of corporate controller. "We are very pleased to have Caroline join our team", stated John Babic, CEO.
John Beasley joined Dalmac in 2009 as company controller and was CFO since 2010. The board is very appreciative of John's contributions to the company and wishes him all the best in his new endeavors.
Statements throughout this report that are not historical facts may be considered 'forward looking statements'. Such statements are based on current expectations that involve risks and uncertainties, which could cause actual results to differ from those anticipated. Important factors that can cause anticipated outcomes to differ materially from actual outcomes include the impact of general economic conditions, industry conditions, competition from other industry participants, volatility of petroleum prices, the ability to attract and retain qualified personnel, changes in laws or regulation, currency fluctuations, continued ability to access capital from available facilities and environmental risks. References to "Dalmac', the "Corporation", "Company", "us", "we", and "our" mean Dalmac Energy Inc. and its subsidiary Dalmac Oilfield Services Inc. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. We seek safe harbor.
SOURCE: Dalmac Energy Inc.
For further information: John Babic, CEO, Dalmac Energy Inc., Tel: 780-988-8510, Email: [email protected]; Doren Quinton, President, QIS Capital Corp., Ph: (250) 377-1182, Email: [email protected], www.smallcaps.ca