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Share Name | Share Symbol | Market | Type |
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West Hawk Development Corp. | TSXV:WHD | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
West Hawk Development Corp. (TSX VENTURE:WHD)(FRANKFURT:H5N) (the "Company") is pleased to announce that Roger A. Baer has been appointed Managing Director of Canadian Operations and will report to the President and CEO of the Americas. Baer, who previously served as the company's chief financial officer will be responsible for the development of West Hawk's Groundhog Coal Project in British Columbia; Northwest Territories Coal Project in Tulita; and the Nunavut Coal Project at Ellesmere Island. He has resigned his position as a member of the West Hawk Board of Directors. The objective of Mr. Baer's work will be to manage the process of defining potential coal resources on all three coal prospects in Canada. Weir International Inc. ("WEIR") has been hired to perform sufficient work to classify the historical estimates as current mineral resources or mineral reserves. Baer has more than 25 years of experience in the minerals and natural resources industries. He is a Certified Management Accountant and has held senior positions with Newmont Mining, Cyprus Amax Minerals, Kennecott Energy and Amoco Pipeline Co. He earned a B.S. degree in accounting from Illinois State University and an MBA from the University of Phoenix. "Roger's leadership skills and extensive experience in the industry will be a benefit to West Hawk as the company further develops its Canadian properties. This move shows the emphasis that WHD is placing on the Canadian coal projects and its desire for further development," said Gonzalo Torres Macchiavello, President and CEO of the Americas. On behalf of the Board of Directors, Wm. Mark Hart, President and Chief Executive Officer About the Company: West Hawk Development Corp. is focused on providing valuable, high-demand energy products from a variety of sources. Assets include the Figure Four natural gas property located in the Piceance Basin, Colorado, being developed under a drilling and development agreement; the Groundhog coal property located in northwest British Columbia; the Tulita coal property located in the Northwest Territories; and the Ellesmere Island, Nunavut Territory coal property. Cautionary Note: This news release contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specially noted, are considered speculative. The Company has filed a National Instrument 51-101 Report on the Figure Four property. The Company has filed National Instrument 43-101 Reports for each of the Groundhog coal property in British Columbia, the Tulita coal property in the Northwest Territories, and the Nunavut coal property. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration and development activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
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