Canadian Energy Exploration Inc. Announces Appointment of Chief Financial Officer and Granting of Stock Options
19 Ottobre 2011 - 2:32AM
PR Newswire (Canada)
CALGARY, Oct. 19, 2011 /CNW/ - Canadian Energy Exploration Inc.
("Canadian Energy" or the "Company") is pleased to announce that it
has appointed Samantha Petersen, CA, to the position of Chief
Financial Officer of the Company. As previously announced by the
Company (see press release dated September 15, 2011) Lawrence B.
Buzan had assumed the interim role as Chief Financial Officer until
a replacement was appointed. Ms. Petersen has been engaged by the
Company since February 2011 as its consulting controller before her
appointment as Chief Financial Officer. Ms. Petersen articled
at Ernst & Young while earning her designation as a Chartered
Accountant , in January 2011 during which time she worked in the
Mergers and Acquisitions, Restructuring and Audit practices
division. In addition to her time spent with the Company, she has
spent numerous hours volunteering as a part of the Canadian
Institute of Chartered Accountants (CICA) Volunteer Tax Program.
Ms. Petersen is also actively involved in the CA School of
Business, one of two Western Canadian institutions training and
educating future Chartered Accountants. Canadian Energy also
announces effective October 18, 2011 that the Board of Directors
has granted Ms. Peteresen incentive options to acquire up to
350,000 common shares of the Company for a period of five years
where each stock option represents the right to purchase one (1)
common share of the Corporation at an exercise price of $0.10 per
share. Ms. Petersen's appointment and the grant of options
are both subject to TSX Venture Exchange approval. Canadian Energy
is also pleased to announce that John C. McGilvary has been
appointed the independent Chairman of the Board of Directors of the
Company. 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. Canadian Energy Exploration Inc. CONTACT: Canadian Energy
Exploration Inc. Larry Buzan, President and Chief Executive Officer
P: (403) 229-2800E-mail: buzan@cdnenergy.com
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