Nippon Steel to sue US government over blocked US Steel deal
US President Joe Biden has blocked the $14.1 billion sale.
(via TheNewswire)
January 3, 2025 – TheNewswire - Calgary, Alberta -- WesCan Energy Corp. (TSXV: WCE) ("WesCan" or the "Company") is pleased to announce the appointment of Sarshar Ahmad to the Board of Directors of the Company effective December 30, 2024.
With over two decades of experience as a geoscientist, Mr. Ahmad brings exceptional subsurface expertise to the Company. During his tenure with Canadian Natural Resources Ltd. (CNRL), he developed proficiency in the Western Canadian Sedimentary Basin, where he led numerous exploration and development plays. Mr. Ahmad has also overseen the successful drilling of more than 400 wells, further demonstrating his technical acumen and hands-on leadership.
Mr. Ahmad’s wealth of industry knowledge and contacts will be instrumental in guiding the Company into realizing its next stage of development.
The Company welcomes Mr. Ahmad to the Board and looks forward to his contributions towards its continued success.
The Company also announces the resignation of Sohaib Abbas from the Board of Directors effective December 31, 2024. Mr. Abbas is resigning from the Board of Directors for personal reasons. The Company thanks Mr. Abbas for his valuable contributions to the Company over the past year and a half and wishes him well in his future endeavours.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Leo Berezan, Interim President & CEO Ed Leung, Interim CFO
WESCAN ENERGY CORP. WESCAN ENERGY CORP.
Tel: (403) 265-9464 Tel: (403) 265-9464
TSX Venture: WCE www.wescanenergycorp.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
NEITHER THE 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 NEWS RELEASE.
Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the drilling of the well and the timing of obtaining results therefrom. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the drilling program discussed herein may not have the anticipated results. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as otherwise required by law.
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