Blackbird Energy Inc. Announces the Appointment of Karen Minton as Chief Financial Officer
October 19 2017 - 4:44PM
(TSX-V:BBI) Blackbird Energy Inc. (“
Blackbird” or
the
“Company”) is pleased to announce the
appointment of Karen Minton as Chief Financial Officer of the
Company, effective immediately.
“I am delighted to have Karen join the Blackbird team and look
forward to working with her. Karen joins us at an exciting time for
our Company, and I am grateful we were able add someone of her
character, experience and intelligence to oversee critical steps in
Blackbird’s growth, including finalizing significant gas handling
agreements and securing non-dilutive funding as the Company
transitions to full development. She has a strong background in
corporate reporting, strategic planning and business analysis and I
believe Karen’s enthusiasm and leadership will be an energizing
force for our team going forward,” says Garth Braun, President and
CEO.
Ms. Minton has more than 17 years of experience in senior
financial roles in both the oil and gas as well as alternative
energy industries. Prior to her appointment as Chief Financial
Officer at Blackbird, Ms. Minton was Chief Financial Officer of
Lighthouse Oil & Gas. Previously she was Corporate Controller
of Equal Energy Ltd.; Vice President Finance and Chief Financial
Officer of Dynetek Industries Ltd. Ms. Minton obtained her
Chartered Accountant designation in 1993 and holds a Bachelor of
Commerce degree from the University of Calgary.
In connection with her appointment, Ms. Minton has been granted
1,000,000 stock options exercisable at a price of $0.375 until
October 19, 2022 pursuant to the terms of the Company's stock
option plan. The options will vest in three equal
installments. The first 1/3 shall vest upon grant, the second 1/3
will vest on the first anniversary of the grant, and the final 1/3
will vest on the second anniversary of the grant. This stock option
grant is subject to the acceptance of the TSX Venture Exchange.
In order to allow for the appointment of Ms. Minton, Mr. Ron
Schmitz will step down as Blackbird’s Interim Chief Financial
Officer and will continue to serve on Blackbird’s Board of
Directors. Mr. Braun highlighted, “I wish to thank Ron Schmitz for
the strong contributions he has made as interim CFO. We will
continue to benefit from Ron’s invaluable guidance, as he will
remain on Blackbird’s Board of Directors.”
About Blackbird
Blackbird Energy Inc. is a highly innovative oil
and gas exploration and development company focused on the
condensate and liquids-rich Montney fairway at Pipestone, near
Grande Prairie, Alberta.
For more information please view our Corporate
Presentation at www.blackbirdenergyinc.com or contact:
Blackbird Energy Inc.
Garth BraunChairman, CEO and President(403)
500-5550gbraun@blackbirdenergyinc.com
Allan DixonBusiness Development Manager(403)
699-9929adixon@blackbirdenergyinc.com
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