TRINCAN CAPITAL CORP. APPOINTS WAYNE FAST AND SETS OPTIONS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATATION IN THE UNITED STATES/

KELOWNA, BC, Jan. 13 /CNW/ - Trincan Capital Corp. ("Trincan" or the "Corporation") (TRN:TSX-V) is pleased to announce that it has appointed Wayne Fast as Chief Operating Officer of the Corporation effective immediately.

Mr Fast has over thirty six years of operations experience ranging from numerous full cycle multi well drilling programs to completion, construction and production programs as well as coordination of multi-well optimization programs in Western Canada. Mr. Fast has also been involved in Merger & Acquisitions in Western Canada and South America. Mr. Fast was the Vice President of Operations at RSX Energy Inc. where his responsibilities included development, operations planning and capital budgeting. He is also currently VP of Operations and Corporate Planning of Georox Resources Inc. Mr. Fast has a Bachelor of Engineering Degree from the University of Saskatchewan in 1971, a Certificate in Management Development in 1990 at the University of Calgary and is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

Pursuant to the Corporation's 10-per-cent rolling stock option plan, which was approved by the shareholders in April, 2010 and accepted for filing by the TSX Venture Exchange, Trincan has granted options to certain directors, officers and consultants to purchase up to an aggregate of 800,000 common shares exercisable on or before January 12, 2016 at a price of 20 cents per share.

About Trincan

Trincan is a Canadian natural resource corporation engaged in the acquisition, exploration and development of oil and gas properties in Western Canada.  The Common Shares trade on the TSX Venture Exchange under the symbol TRN.

Cautionary Statement:

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Corporation, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations are exploration risks detailed from time to time in the filings made by the Corporation with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Trincan. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and Trincan does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

SOURCE TrinCan Capital Corp.

For further information:

Burkhard Franz, President and Chief Executive Officer
Tel:  (250) 860-4604
Fax:  (250) 712-2215

Organization Profile

TrinCan Capital Corp.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890