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NWN

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Share Name Share Symbol Market Type
TSXV:NWN 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 -

NWest Energy Announces Management and Board Changes

05/07/2012 9:05pm

Marketwired Canada


NWest Energy Corp. ("NWest" or the "Corporation") (TSX VENTURE:NWN) announces
that, subject to regulatory approval, Rob Randall shall be appointed as Chief
Financial Officer of the Corporation. Mr. Randall is a Chartered Accountant with
an extensive background in the mining and exploration industry and holds senior
positions with resource-based publically traded companies including Etruscan
Resources, Endeavour Mining and as a principal with PricewaterhouseCoopers. Mr.
Randall replaces Ms. Sharon M. Dunn CA, CBV who resigned from her position as
Chief Financial Officer of the Company. Ms. Dunn was appointed as Chief
Financial Officer for NWest in 2007 and is leaving the Company to devote her
energies to other undertakings. The Board of Directors wish Ms. Dunn well in her
future pursuits.


The Corporation is pleased to announce that, subject to regulatory approval,
James (Jim) Megann, President and Chief Executive Officer of StockPort
Exploration has been appointed to the Board of NWest as of July 5, 2012. Mr.
Megann is a mining executive and a business leader. He served as Director of
Investor Relations and Marketing for StockPort Exploration and has more than 25
years experience in the communications and marketing industry. Prior to joining
StockPort, Jim was Senior Vice President of m5 Marketing Communication where he
led teams in a wide variety of communication disciplines ranging from on-line
marketing programs, public relations, market research and promotional programs.
His client experience is equally as wide in scope ranging from other publicly
traded companies, to automotive, consumer goods, business-to-business,
manufacturing and commodities industries. Mr. Megann also worked for 2 years
with Weber Shandwick, a leading public relations company, as a senior consultant
on media issues, government, and community relations programs. Mr. Megann
studied a Bachelor of Arts Degree at Memorial University of Newfoundland.


Ms. Jacqueline Sheppard, QC and Dr. James Buckee have resigned from the Board of
the Corporation as of July 5, 2012, in order to devote time to other
professional responsibilities. NWest's Board of Directors would like to thank
them both for their contributions to the Corporation and wish them well in their
future endeavors.


The Corporation further announces that the corporate head office will be moving
from St. John's to Halifax at the following address:




1969 Upper Water Street, Suite 2001                                         
Halifax, Nova Scotia B3J 3R7                                                
Canada                                                                      



About NWest Energy

Further information regarding the Corporation is available at www.nwestenergy.com.

The statements made in this News Release may contain certain forward-looking
statements. Actual events or results may differ from the Corporation's
expectations. Certain risk factors may also affect the actual results achieved
by the Corporation. A description of assumptions used to develop such
forward-looking information and a description of risk factors that may cause
actual results to differ materially from forward-looking information can be
found in NWest's disclosure documents on the SEDAR website at www.sedar.com.


There can be no assurance that forward-looking information will prove to be
accurate. Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from any conclusions, forecasts or projections described in the
forward-looking information. Accordingly, readers are advised not to place undue
reliance on forward-looking information. Except as required under applicable
securities legislation, the Corporation undertakes no obligation to publicly
update or revise forward-looking information, whether as a result of new
information, future events or otherwise.


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