Canadian Energy Exploration Inc. announces Annual and Special Meeting of shareholders and director nominees
22 Agosto 2011 - 3:33PM
PR Newswire (Canada)
CALGARY, Aug. 22, 2011 /CNW/ -- CALGARY, Aug. 22, 2011 /CNW/ -
Canadian Energy Exploration Inc. ("Canadian Energy" or the
"Company") (TSXV:XPL) is pleased to announce that it has set the
date for the Annual and Special Meeting (the "Meeting") of its
shareholders, to be held in Calgary, Alberta on Thursday, September
15, 2011. The Information Circular for the meeting, which
will be mailed to shareholders on August 22, 2011, proposes a three
person Board of Directors, including Lawrence B. Buzan and John C.
McGilvary, both of whom are currently directors of the Company. In
addition, the Company is proposing the election of Keith Chase as a
director. Mr. Chase is currently the Chief Executive Officer of
Chase Resources Inc. and the Chief Financial Officer of Kanduit
Electric Ltd. Mr. Chase has over 30 years of petroleum
industry experience. Lawrence Buzan, the President and Chief
Executive Officer of the Company, commented, "We are very pleased
that Keith Chase has agreed to stand for election as a director of
the Company at our upcoming Meeting. Mr. Chase has extensive
experience in the oil and gas industry, and we are confident that
his counsel will be significant to Canadian Energy's future
development. We are also grateful to William S. Sudhaus, John D.
Wright, Chris J. Bloomer and George Tsafalas, who will not be
standing for re-election at the Company's upcoming Meeting, for
their considerable past service to the Company. We wish them
all well in their future endeavors." About Canadian Energy
Exploration Inc. Canadian Energy Exploration Inc. is a junior oil
and gas company engaged in the exploration for and development and
production of oil and natural gas reserves in Western Canada.
The Company's common shares trade on the TSX Venture Exchange under
the symbol "XPL". 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. Forward-looking
statements: This news release contains certain statements that may
be deemed "forward-looking statements". All statements in this
release, other than statements of historical fact, that address
events or developments that Canadian Energy expects to occur, are
forward looking statements. Forward looking statements are
statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would",
"may", "could" or "should" occur. Although Canadian Energy believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees
of future performance and actual results may differ materially from
those in forward looking statements. Factors that could cause the
actual results to differ materially from those in forward-looking
statements include market prices, exploitation and exploration
success, continued availability of capital and financing and
general economic, market or business conditions. Investors are
cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Forward looking statements are based on the beliefs, estimates and
opinions of Canadian Energy's management on the date the statements
are made. Canadian Energy undertakes no obligation to update these
forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change, except as
required by law. To view this news release in HTML formatting,
please use the following URL:
http://www.newswire.ca/en/releases/archive/August2011/22/c5235.html
p /p p bCanadian Energy Exploration Inc. /bbr/ bLarry
Buzan, President and/b br/ bChief Executive Officer/b /p p P:
(403) 229-2800br/ E-mail: ua
href="mailto:buzan@cdnenergy.com"buzan@cdnenergy.com/a/u /p
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