Clemson Resources Corp. Appoints Michael Wood as President and Chief Executive Officer
Suite 918-1030 West Georgia Street Vancouver, British Columbia Canada V6E 2Y3 Tel. No. (604) 628-5621 ♦ Fax No. (604) 662-7950
TSX-V Trading Symbol: CRZ
CLEMSON RESOURCES CORP. APPOINTS MICHAEL WOOD AS PRESIDENT AND CHIEF EXECUTIVE OFFICER
Vancouver, British Columbia – April 15, 2013 – Clemson Resources Corp. (“Clemson”) is pleased to announce the appointment of Michael Wood as President and Chief Executive Officer to fill the vacancy created by the resignation of Dorian Banks as President and Chief Executive Officer.
Regarding his appointment, Mr. Wood stated: “I am pleased to be taking on this exciting new role with a company poised for growth. It is my desire to further bolster our team with technical skills and field expertise as we embark on our exploration projects with the primary goal of growing shareholder value.”
Mr. Wood is the founder of Oyster Oil and Gas Limited, now Clemson’s wholly-owned subsidiary, and has several years of experience in the international energy business. Mr. Wood has held various executive positions in a number of publicly listed companies. He started his career with Gulf Oil and Conoco. Mr. Wood was formerly President, CEO and CFO of Heritage Oil Corporation and was responsible for the development of the company’s portfolio in Africa and Middle East, as well as the listing of Heritage as a public company on the TSX. In 2004 he founded Candax Energy Inc. and as President and CEO was responsible for the acquisition of various producing oil and gas fields in Tunisia, as well as other exploration activities. Candax was listed on the TSX in 2005.
For further information please contact:
Martin Bajic, Chief Financial Officer Tel: (604) 628-5621 Fax: (604) 662-7950
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.
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Clemson Resources Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of management of Clemson Resources Corp. on the date the statements are made. Clemson Resources Corp. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law.