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CALGARY, June 3, 2013 /CNW/ - WesCan Energy Corp. (TSXV:WCE) ("WesCan" or the "Company") announces that John H. Cassels has been appointed Vice-President, Finance, and Chief Financial Officer of the Company. The appointment of Mr. Cassels is subject to regulatory approval.
Mr. Cassels is a Chartered Accountant in Canada with over 35 years of experience in the oil and gas industry, serving as a senior officer and director of several oil and natural gas companies. Mr. Cassels was a founding shareholder, chief executive officer and director of Highview Resources Ltd., a publicly traded company that built a significant inventory of natural gas and oil prospects in Alberta and Saskatchewan. He holds a BA degree from Bishop's University in Sherbrooke, Quebec.
Mr. Cassels replaces Dwight Fieseler who resigned as Vice-President, Finance and Chief Financial Officer, to pursue another business opportunities. The Board of Directors would like to thank Mr. Fieseler for his contributions to WesCan and wish him well in his future pursuits.
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Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the issuance of units pursuant to the private placement, the identity of the subscribers under the private placement, the proposed use of proceeds, the expiry of hold periods and regulatory approval. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the shares may not resume trading as planned and that the escrowed shares may not be released as planned.
SOURCE: WesCan Energy Corp.
For further information:
Greg T. Busby, President & CEO
WESCAN ENERGY CORP.
Tel: (403) 265-9464