NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
TSX V Trading Symbol: SWE
CALGARY, July 3, 2012 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE)
is pleased to announce the appointment of Mr. Michael Stevens as Vice
President and Chief Financial Officer, effective immediately. Mr.
Stevens replaces Ms. Susan J. Pain who has fulfilled her three-month
term employment contract as transitional CFO during SilverWillow's
first quarter of operations.
Mr. Stevens has been an integral member of SilverWillow's senior team in
his previous position as Vice President, Finance. He brings a depth
and breadth of finance and leadership proficiency as well as crucial
financial expertise and understanding of SilverWillow's focus on
exploring and developing its in-situ oil sands assets. Since November
2004, Mr. Stevens has succeeded in roles of increasing responsibility
with both of SilverWillow's predecessor companies; as Senior Manager of
Finance and Investor Relations at SilverBirch Energy Corporation and as
Manager, Financial Analysis with UTS Energy Corporation. He is a CFA
charterholder and has a Bachelor of Commerce degree with distinction
from the University of Calgary.
SilverWillow wishes to express its appreciation to Ms. Pain for her
significant contributions to both predecessor companies over the past
ten years and wishes her the very best in her future endeavors.
About SilverWillow Energy
SilverWillow Energy Corporation is a Calgary, Alberta based
pre-production oil sands company with a portfolio of exploration leases
in Canada's Athabasca oil sands. To learn more, please visit www.swenergy.ca.
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(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE SilverWillow Energy Corporation
For further information:
please contact Howard J. Lutley, President and Chief Executive Officer, at (403) 538-7030.