West Mountain Announces Appointment of New Director and Option Grant
14 Febbraio 2014 - 3:00PM
Marketwired
West Mountain Announces Appointment of New Director and Option
Grant
CALGARY, ALBERTA--(Marketwired - Feb 14, 2014) - West Mountain
Capital Corp. (TSX-VENTURE:WMT) (the "Company" or "West Mountain")
is pleased to announce that it has appointed The Honourable George
J. Furey, Q.C., B.A., B.A. (Ed.), M.Ed., LL.B. to its Board of
Directors.
A member of the Canadian Senate since 1999, Senator Furey is
currently Deputy Chair of the Senate Standing Committee on Internal
Economy, Budgets and Administration, a member of the Senate
Standing Committee on Rules, Procedures and the Rights of
Parliament, as well as a member of the Senate Audit Committee.
Senator Furey is a prominent Newfoundlander and Labradorian with
deep roots in his community. Before being appointed to the Senate,
Senator Furey served his province as both an educator and a lawyer.
He was appointed to the Provincial Police Complaints Commission in
1993 and appointed as Queen's Counsel in 1996. Senator Furey has
contributed his time to numerous charitable groups, professional
boards and provincial commissions and is currently the director and
a member of the governance, compensation and audit committees of
Canada Fluorspar Inc., a publicly traded company listed on the TSX
Venture Exchange.
"We are excited to have Senator Furey join our Board", said Paul
Antle, President and CEO "he will bring a fresh perspective and
significant world experience to the group. The Senator is well
known for his leadership qualities, commitment and integrity."
The Company has also granted options to acquire 1,134,000 common
shares to various directors and officers of the Company including
options to acquire 100,000 common shares issued to Senator Furey.
The options have an exercise price of $0.27, with 50% vesting in 6
months and 50% vesting in 12 months from the date of grant, and
expire on the date that is five years from the date of grant. The
Corporation has determined that exemptions from the various
requirements of TSX Venture Exchange Policy 5.9 are available for
the granting of the options.
About West Mountain
West Mountain is an established Canadian environmental solutions
company specializing in the thermal treatment of a variety of
hazardous and non-hazardous waste streams. It employs a unique
indirectly heated, closed loop technology that allows it to extract
even the most hazardous contaminants from soil, industrial sludge,
pharmaceutical waste and consumer waste streams converting much of
it into reusable oil and synthetic natural gas that it uses to
sustain the process. This methodology offers significant
opportunity for greenhouse gas reduction over traditional hazardous
waste destruction technologies. The Company's management team
maintains expertise in hazardous waste management, Brownfield
remediation and pharmaceutical waste management with experience
spanning North America and 15 countries internationally.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts the responsibility for the adequacy or
accuracy of this release.
Mr. Paul Antle, President and CEO709 726
0336pantle@phaseparation.comwww.phaseparation.com
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