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LEA

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:LEA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Leader Energy Services Appoints Director, Grants Options

17/12/2012 8:02pm

Marketwired Canada


Leader Energy Services Ltd. (TSX VENTURE:LEA) ("Leader" or the "Company") today
announced the appointment of Douglas A. Cutts, CA to its Board of Directors. Mr.
Cutts is an independent board member, and will serve on the Company's audit
committee.


Mr. Cutts previously worked for 10 years with Pulse Seismic Inc., serving as
President & CEO and a Director from 2007 to 2012, and as Vice President & CFO
from 2002 to 2007. Prior thereto he was Vice President & CFO and a Director of
Command Drilling Corporation; prior thereto he was President & COO and a
Director of IPEC Ltd.; and prior thereto he was President & COO and a Director
of Lynx Energy Services Ltd. Mr. Cutts received a BComm from the University of
Calgary, and received his Chartered Accountant designation in 1976.


The Board of Directors believes that Mr. Cutts has the expertise to make a
valuable contribution to guiding Leader's future, and appreciates having the
benefit of his insight, leadership and experience.


The Company announced that it has granted a total of 890,000 stock options at an
exercise price of $0.30 per share to directors, officers and employees of the
Corporation. The options will expire on December 17, 2017, and are subject to 3
year vesting provisions.


Forward-looking information

This press release contains certain statements or disclosures relating to the
Company that are based on the expectations of the Company as well as assumptions
made by and information currently available to the Company which may constitute
forward-looking information under applicable securities laws. All such
statements and disclosures, other than those of historical fact, which address
activities, events, outcomes, results or developments that the Company
anticipates or expects may, or will occur in the future (in whole or in part)
should be considered forward-looking information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Leader Energy Services Ltd.
Rod Hauser
President & CEO
(403) 265-5400
r.hauser@leaderenergy.com


Leader Energy Services Ltd.
Jason Krueger, CFA
Executive VP & Director
(403) 265-5400
j.krueger@leaderenergy.com


Leader Energy Services Ltd.
Graham Reid, CA
VP Finance & CFO
(403) 265-5400
g.reid@leaderenergy.com

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