Bayshore Petroleum Corp. Announces Appointment of Chairman of the Board Symbol: BSH: TSX Venture May 7, 2012
PRESS RELEASE
BAYSHORE PETROLEUM CORP. ANNOUNCES APPOINTMENT OF CHAIRMAN OF THE BOARD
Symbol: BSH: TSX Venture May 7, 2012
CALGARY, ALBERTA, May 7, 2012 –Bayshore Petroleum Corp. is pleased to announce the Board has elected Mr. Raymound Go as Chairman of the Board effective April 25, 2012. Mr. Go, a director of Bayshore Petroleum Corp., has more than 15 years of management experience and is currently the Vice General Manager of Grand Shanghai International Golf & Holiday Resort, Kunshan, China.
Resident in Hong Kong/Shanghai, Mr. Go has well rounded management experiences and educational background in various fields, sectors, and industries including Energy Industries, Mr. Go will provide various guidance and direction to the Corporation and will contribute significantly to the company in respect of assessing new business opportunities, financing sources in Asia.
Bayshore is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. The Common Shares are listed on the TSX Venture Exchange under the trading symbol "BSH".
For further information, please contact Peter Ho, President and Chief Executive Officer of Bayshore Petroleum Corp. at 403 265-8820.
Cautionary Statements
Statements in this press release may contain forward-looking information including expectations of future production, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the mining industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.
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 release.