Trading Symbol: MCV
TORONTO, Sept. 18, 2012 /CNW/ - McVicar Industries Inc. ("McVicar" or the "Company") announces that Henry Tse will be retiring from the board of directors effective October 1, 2012, to focus on other ventures and commitments. Henry Tse joined the Company, then called McVicar Resources Inc., in May 2007 as the CFO, resigned from that position and was elected to the Board of Directors in August 2008. Henry Tse continued as a director through the many changes in the Company to its current position in the chemical and technology industry as McVicar Industries Inc.
Henry's experience and insight as a director and member of the audit committee, helped guide McVicar and he will be missed.
This press release contains forward-looking statements which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: McVicar Industries Inc.
For further information:
Dr. Gang Chai, CEO, or Ms. eXavier Peterson at: 55 University Avenue, Suite 605, Toronto, ON, M5J 2H7, Tel: (416) 366-7420, Fax (416) 366-7421, www.mcvicar.ca.