|Mon Oct 17, 2016|
Century Energy Announces Results Of AGM And Director Reappointment
|Vancouver, British Columbia -- Century Energy Ltd. (NEX: CEY.H) (the "Company") is pleased to announce the results of the Annual General and Special Meeting of Shareholders ("AGM") held on October 14, 2016, in Calgary, Alberta. All resolutions outlined in the Information Circular dated September 13, 2016 ("Information Circular"), were ratified. For further reference, the Information Circular can be found on SEDAR.|
Subsequent to the AGM, the Company reappointed Mr. Michael G. Thomson as Chief Executive Officer ("CEO") and as a member of the Board of Directors. Mr. Thomson brings over thirty years' experience in the public markets, including as a lawyer, regulator and an investment banker. He has held senior positions with two securities dealers. Mr. Thomson founded or co-founded three resource companies that subsequent to his tenure went on to be acquired by majors, including: Bonita Capital (became Palmarejo Silver & Gold and was acquired by Coeur Mining [NYSE: CDE]); Penfold Capital (became PBS Coals and was taken private); and Richmond Row Capital (became Gold Royalties and was then acquired by Sandstorm Gold [TSX: SSL]). Mr. Thomson is the President of Independent Capital Partners Inc., a corporate-finance consulting firm focused on assisting client companies in "going public" transactions. He is a past member of the TSX-V (Calgary) Listings Advisory Committee.
John Anderson stepped down as the CEO of the Company, and will remain as President and as a director of the Company.
The current board of directors consists of Michael Thomson, John Anderson, Christopher Gulka, and Jimmy McCarroll. The management team consists of Michael Thomson as the CEO, John Anderson as the President, and Christopher Gulka as the Chief Financial Officer.
Century Energy Ltd. is a reporting issuer listed on NEX seeking acquisition opportunities in the resource sector worldwide.
For more information, contact:
President and Director
Telephone: (604) 218-7400
Neither 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.
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