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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.
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.
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.
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