Tengasco, Inc. Announces Resignation of Neal F. Harding as Director
April 26 2006 - 4:07PM
Business Wire
Tengasco, Inc. (AMEX:TGC) today announced that it has received the
resignation of Neal F. Harding from the Company's Board of
Directors. The resignation was for Mr. Harding's personal reasons
and was effective upon the conclusion of the Company's annual
meeting of shareholders which was held on April 24, 2006. Peter E.
Salas, Chairman of the Board, said, "Neal Harding was first elected
to the Company's Board of Directors in August of 1999. On behalf of
the entire Board of Directors, I would like to thank him for his
contributions to the Company not only as a member of the Board but
as a stockholder and supporter of the Company for many years, and
we wish him well in all his future endeavors." Following Mr.
Harding's resignation, the Company's Board consists of five
directors. The Company's bylaws permit the board to consist of
between three and ten directors. The Company has no immediate plans
to add any new directors to the Board of Directors. Forward-looking
statements made in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Investors are cautioned that all forward-looking
statements involve risk and uncertainties which may cause actual
results to differ from anticipated results, including risks
associated with the timing and development of the Company's
reserves and projects as well as risks of downturns in economic
conditions generally, and other risks detailed from time to time in
the Company's filings with the Securities and Exchange Commission.
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