CALGARY, Oct. 30 /CNW/ - Winstar Resources Ltd. ("Winstar" or "the
Company") (TSX: WIX) is pleased to announce that effective October 27, 2008
Mr. Evgenij Iorich has been appointed to the Board of Directors of the
Corporation, subject to the approval of the Toronto Stock Exchange.
Mr. Iorich began his career in commodities trading at Mechel, the Russian
metals and mining company, where he was involved in trading and contracting.
He continued his career at Mechel as a financial manager, where his
responsibilities included all aspects of budgeting, forecasting and financial
Since September 2006, Mr. Iorich has been with Pala Investments AG, a
Switzerland-based exclusive advisor to a multi-strategy investment fund based
in Jersey, Channel Islands that is focused on mining and natural resources.
Mr. Iorich is involved in various projects in the natural resources and oil
and gas sectors.
Mr. Iorich graduated from the University of Zurich in 2004 with a Masters
of Arts degree.
Winstar Resources Ltd. is a Calgary-based junior oil and gas company,
which explores for, develops, produces, and sells crude oil, natural gas
liquids and natural gas in Tunisia, Alberta, Hungary and Romania. Winstar's
common shares trade on the Toronto Stock Exchange under the symbol WIX.
For further information:
For further information: Mr. David Monachello, President, Phone (403)
513-4200, Email firstname.lastname@example.org; or Mr. Charles de Mestral, Chief
Executive Officer, Phone: Toll-free (Canada and USA) 1-800-875-1217 (Note: Mr.
de Mestral is based in Europe, in a time zone eight hours ahead of Calgary
time), Email: email@example.com