CANADIAN SPIRIT RESOURCES INC. ANNOUNCES APPOINTMENT OF NEW DIRECTOR
Calgary, AB January 9, 2012 - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSXV:SPI) (OTCBB:CSPUF) is pleased to announce the appointment of Alfred Sorensen, CA of Calgary, Alberta as a director of the Corporation effective immediately.
Mr. Sorensen is currently an independent consultant.
Following a successful 15 year career of senior and executive
positions within North American and European deregulated
energy markets, Mr. Sorensen founded Galveston LNG Inc., a
company focused on the international trade of liquefied
natural gas with projects in Canada, Nigeria, Oman and
Australia. Kitimat LNG, one of Galveston's projects in
Canada, was sold to two major American producers in 2010 and
joined by a major Canadian producer in 2011.
Mr. Sorensen is a member of the Business Advisory Council at
the University of Alberta Business School and an Executive in
Residence at the same institution. He has been recognized for
his contribution to the arts, education and charitable
foundations in Alberta.
Mr. Sorensen is a chartered accountant and holds a Bachelor
of Commerce degree from the University of Alberta. Commenting
on Mr. Sorensen's appointment as a director of CSRI, George
Watson, Chairman of the Board stated
that "Alfred's knowledge of the rapidly growing international
trade in LNG and his energy industry experience will be a
valuable addition to the Board of Directors as the
Corporation pursues the development of its large natural gas
resource project at Farrell Creek, British Columbia".
The Corporation proposes to grant Mr. Sorensen stock options
to acquire 75,000 shares subject to approval of the TSX
Venture Exchange. Issued pursuant to the terms of the
Corporation's Stock Option Plan, these options will have a
term of five years and an exercise price of C$0.75 per share,
the same price as the Corporation's private placement of
units closed in December 2011.
CSRI is a natural resources company focusing on the
identification and development of opportunities in the
unconventional gas sector of the energy industry.
On behalf of the Board of Directors,
"Don Gardner"
Chief Executive Officer & Secretary
For further information, please contact: Canadian Spirit
Resources Inc.
Telephone (403) 539-5005 Facsimile (403) 262-4177
Don Gardner (don.gardner@csri.ca) Phil Geiger
(phil.geiger@csri.ca)
OR INVESTOR RELATIONS Adam Buchanan
(adam.buchanan@csri.ca)
The corporate information contained in this news release may contain forward-looking forecast information. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonably accurate by CSRI at the time of preparation, may prove to be incorrect. The actual results achieved during the forecast period will vary from the information provided herein and the variations may be material. Consequently there is no representation by CSRI that actual results achieved during the forecast period will be the same in whole or in part as those forecast.
THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
distribué par | Ce noodl a été diffusé par Canadian Spirit Resources Inc. et initialement mise en ligne sur le site http://www.csri.ca. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-09 16:11:45 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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