VANCOUVER, April 3, 2019
/CNW/ - East West Petroleum Corp. (TSX-V: EW) ("East
West" or the "Company") Mr. Nick
DeMare, interim CEO, is pleased to announce the
appointment of Mr. Mark Brown to the
Board.
Mr. Mark T. Brown B. Comm. CPA,
CA, is the President of Pacific Opportunity Capital Ltd., in
Vancouver B.C. Mr. Brown has
assisted in the successful establishment of several private and
public companies. In the public company sector, Mr. Brown has
played key roles in the success of several companies which his team
at Pacific Opportunity have listed on the TSXV, the TSX and the
NYSE Mkt Exchanges. His corporate focus is merger and acquisition
transactions, financing, strategic corporate planning, and
corporate development. One of the companies founded and run by the
team at Pacific Opportunity was built into a plus $500 million market capitalization entity and
they have had many other successes over the past 20 years.
The Company further announces the resignation of Mr.
Dylan Sidoo as a director effective
immediately. The Board thanks Dylan for his contributions
during his tenure with the Company and we wish him the best in his
future endeavours.
On Behalf of the Board of Directors
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.
This news release contains "forward-looking information"
within the meaning of applicable securities laws. The Company has
provided the forward-looking information, including, without
limitation, statements relating to the receipt of shareholder
approval for and subsequent completion of the Transaction, the
Spin-Out, the consolidation of common shares in the capital of the
Company, and related transactions, in reliance on assumptions that
it believes are reasonable at this time. Although the Company
believes in light of the experience of its officers and directors,
current conditions and expected future developments and other
factors that have been considered appropriate that the expectations
reflected in this forward-looking information are reasonable, undue
reliance should not be placed on them because the Company can give
no assurance that they will prove to be correct. Actual results and
developments may differ materially from those contemplated by these
statements depending on, among other things, changes in general
economic, market, or business conditions, and those risks set out
in the Company's public documents filed on SEDAR. The
forward-looking statements contained in this news release are made
as of the date hereof and the Company does not undertake to update
any forward-looking statements or forward-looking information that
is incorporated by reference herein, except as required by
applicable securities laws.
SOURCE East West Petroleum Corp.