SASKATOON, Oct. 11, 2018 /CNW/ - Westcore Energy Ltd.
("Westcore" or the "Company") (TSXV: WTR) announces that it has
appointed Mr. James B. Engdahl to
the Company's board of directors and has also accepted the
resignation of Paul Conroy as a
director. Paul was an original founder and past President and CEO
of Westcore and has served on the board since 2007. The board
of directors thank Paul for his years of service and wish him all
the best in his future endeavors.
Andrew Davidson, President and
CEO comments, "We are pleased to be able to welcome Mr. Engdahl's
extensive experience, success and business acumen, particularly in
the Saskatchewan resource sector,
just as Westcore looks to expand the development of its current
heavy oil production at the Flaxcombe and Riverside fields".
Mr. Engdahl brings over 30 years of corporate, banking and
capital markets experience, holding senior executive positions
and/or board positions with several listed junior resource
companies including:
- Star Uranium Corp. – President, CEO and Director: 2013 -
2016
- eCobalt Solutions Inc. – Director 1994 – 2015
- Great Western Mineral Group - President, CEO, and Director:
2006 – 2012
- Great Western Diamonds – Director: 2006 - 2009
- Claude Resources – V.P. Finance, Director: 1986 - 1991
- Pacific & Western Trust – President, CEO and Director: 1986
- 1991
Mr. Engdahl was directly responsible for raising approximately
$150,000,000 and developing of one of
the only fully integrated rare earth companies in the world while
at the helm of Great Western Mineral Group. As President and GM at
Devco Financial, he was responsible for the procurement of a
$10 million venture fund for the
Province of Saskatchewan and as
managing partner at Cascadia Ventures Inc., financed projects in
excess of $100 million over a 3-year
period.
Mr. Engdahl has also sat on the boards of various trade and
economic advisory committees in Saskatchewan, including Enterprise
Saskatchewan - Mining Group Committee, an economic advisory group
to the government of Saskatchewan;
and Chair, Audit Committee of Saskatchewan Trade & Export
Partnership, a government/industry sponsored non-profit
organization developed to aid and assist all exporters within
Saskatchewan.
About Westcore
Westcore Energy Ltd. is a Saskatchewan based oil and gas exploration and
development company focused on conventional heavy oil plays over
two separate land packages in west-central Saskatchewan. Over the Flaxcombe and Riverside fields, Westcore has 100% working
interest in 34 net sections of highly prospective Success Formation
land with Westcore drilled wells in production and field
optimization in place.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Westcore Energy Ltd.
