CALGARY, July 29, 2013 /CNW/ -
Yangarra Resources Ltd. ("Yangarra" or "the Company") (TSX-V:YGR) announces the appointment of Alan T. Pettie Q.C. to its Board of Directors.
Mr. Pettie currently is a senior partner at Burnet, Duckworth & Palmer LLP ("BD&P") with over 35 years of experience focused on the oil and natural gas industry. He received his Bachelor of Laws from the University of Alberta in 1977 and has practiced law continuously since that time with BD&P.
Mr. Pettie has extensive background with mergers, acquisitions, divestitures and other energy related transactions, capital markets and project finance. He has served as a director of public and private oil and gas companies including Berkley Petroleum Corp. and Duvernay Oil Corp. and is a member of the Institute of Corporate Directors.
Yangarra also announces it has granted officers and directors options to purchase 500,000 common shares at an exercise price of $0.35 per share, pursuant to its stock option plan. All the options vest immediately and will expire on July 26, 2018.
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 and accuracy of this release.
SOURCE: Yangarra Resources Ltd.
For further information:
James Evaskevich, President & CEO, at (403) 262-9558