Comwest Announces New Director Appointment and Stock Option Grants
24 Junho 2011 - 10:00AM
Marketwired
ComWest Enterprise Corp. (TSX VENTURE: CWP)(TSX VENTURE: CWP.A)
(the "Company") is pleased to announce the appointment of Darryl R.
Eddy to its board of directors where he will also serve as a member
of the audit committee. Mr. Eddy is President of Radale Inc. a
private investment holding company and a managing director of
Genpar Capital Inc. He currently serves as a Director of various
private companies including Mount Washington Alpine Resort in
British Columbia and several Eddy Group companies which operate in
the real estate and building product distribution industries in
Eastern Canada. Mr. Eddy is a recently retired partner of
PricewaterhouseCoopers LLP and a past Managing Director of
PricewaterhouseCoopers Corporate Finance Inc.
The Company has granted a total of 975,000 Class A restricted
equity stock options at $1.00 to directors, officers and employees
in accordance with its stock option plan approved at the annual and
special meeting of shareholders held on May 26, 2011 and accepted
for filing by the TSX Venture Exchange on June 21, 2011. The
options are for a term of five years and vest over three years at
the rate of one-third (1/3) annually in arrears.
ON BEHALF OF THE BOARD
Douglas F. Good, President
The TSX Venture Exchange has neither approved nor disapproved
the contents of this press release.
Contacts: ComWest Enterprise Corp. Investor relations (778)
370-1725 dgood@comwestenterprise.ca
(TSXV:CWP.A)
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